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Prime Capital Investment Advisors Acquires Registered Investment Advisor in Reno, Nevada

 
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PCIA expands its reach with acquisition of Reno-based RIA.

description: a photo of a modern office building with large glass windows and a sleek design, representing the modern and innovative approach of prime capital investment advisors. no identifiable individuals or branding are present in the image.

PR Newswire. CHARLESTON, S.C., June 12, 2023 /PRNewswire/ -- Modern Capital, Inc. announces the hiring of Kris Wild as the President & CIO. With this new hire, Modern Capital aims to continue its growth trajectory and expand its services to clients.

The world of finance is constantly evolving, and companies and corporations are always seeking new ways to grow their portfolios and stay ahead of the curve. One such company is Prime Capital Investment Advisors (PCIA), which has recently announced its acquisition of a registered investment advisor (RIA) based in Reno, Nevada.

PCIA is a leading independent investment advisory firm that manages over $8 billion in assets across multiple investment platforms. The acquisition of the Reno-based RIA is expected to further expand its reach and provide additional investment opportunities for its clients.

ExodusPoint Capital Management LP Buys 39250 Shares of 10x Genomics, Inc. (NASDAQ:TXG) Valued at $1430000 On June 11, 2023, it was reported... This news is not directly related to PCIA, but it highlights the ongoing activity in the financial markets and the importance of effective investment management.

In a statement, PCIA CEO Glenn Spencer expressed his excitement about the acquisition, saying that "we are thrilled to have this talented team of advisors join the PCIA family. We are confident that their expertise and experience will help us continue to provide innovative solutions and exceptional service to our clients."

Editor's Note: This story has been updated with additional comments by PCIA CEO Glenn Spencer. This update emphasizes the significance of the acquisition for PCIA and its clients.

Ratan Capital Management LP bought a new position in shares of Datadog, Inc. (NASDAQ:DDOG - Get Rating) during the fourth quarter,... This news is not directly related to PCIA, but it highlights the ongoing activity in the financial markets and the importance of effective investment management.

PCIA's partnership with Goldman Sachs Advisor Solutions (GSAS) as an additional custody provider is another example of its commitment to providing the best possible service to its clients. This partnership allows PCIA to offer its clients a wider range of investment options and access to a larger pool of resources.

GREENWICH, Conn., June 08, 2023--Tiptree Inc. (NASDAQ:TIPT) ('Tiptree' or the 'Company'), today announced that Scott McKinney,... This news is not directly related to PCIA, but it highlights the ongoing activity in the financial markets and the importance of effective investment management.

The acquisition of the Reno-based RIA is just the latest move by PCIA to expand its reach and provide its clients with the best possible investment options. The company has a strong track record of success and is well-positioned to continue its growth trajectory in the years to come.

In summary, PCIA's acquisition of a registered investment advisor in Reno, Nevada is a significant step in the company's ongoing growth and expansion. With over $8 billion in assets under management and a commitment to providing exceptional service to its clients, PCIA is a leader in the investment advisory space.

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prime capital investment advisorsacquisitionregistered investment advisorrenonevadafinancial marketsinvestment managementNASDAQ:TXGNASDAQ:TIPT
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