Adviser Investments, based in Newton, Mass., is merging with Kobren Insight Management, of Wellesley, Mass. Together, the combined registered independent advisor (RIA), with 45 professionals, will manage "more than $2 billion in assets on behalf of over 2,000 clients," according to a release on Monday.
Adviser Investments Founder and Chairman, Dan Wiener, tracked Vanguard funds in a newsletter he founded a decade before establishing Adviser Investment Management in 1994 with Dan Silver, the firm's president, and CIO Jim Lowell, who pens a newsletter following Fidelity Investments. They will team up with Kobren's CIO, Rusty Vanneman, and fixed-income strategist Chris Keith.
"I am excited about the opportunity to work side-by-side with Vanneman, Keith and their research team," said Lowell. "Together, I believe the combined experience and knowledge of our research analysts and investment managers will enhance our ability to help clients navigate market volatility and achieve their long-term investment goals."
