Central Texas wealth management firm acquires competitor in Brenham

Favicon Austin Business News

South Texas Money Management Ltd. has closed on the acquisition of another wealth management firm east of Austin, Creekside Investment Management Inc. Brenham-based Creekside reported that it had fewer than 100 clients, consisting of individuals and pension funds, according to federal records on file. Total assets under management totaled $81.7 million across 45 accounts, records show. Creekside was founded in 1989 by Eugene Clarence Hammons. Financial details of the acquisition were not disclosed. The...

Read the full article here: Austin Business News

The post: «Central Texas wealth management firm acquires competitor in Brenham» has been published on the website Austin Business News where, everyday, you can find the latest news about Austin's area.

Get more articles about this topic

Leave a comment