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F.L.Putnam Announces Acquisition Of Independent Investment Advisor Salem Capital Management

PRIVATEJul 26, 2022

Acquiring Company

F.L.Putnam Investment Management Company

Acquired Company

F.L.Putnam Investment Management Company

LynnfieldLynnfieldFinancial ServicesConsultingFinancial ServicesConsulting

Description

F.L.Putnam Investment Management Company ("F.L.Putnam") today announced that it has acquired Salem Capital Management ("Salem Capital"), an independent registered investment advisor with a successful 30-year track record of serving high-net-worth families, individuals, and small institutions. Financial terms of the deal were not disclosed.

Quick answer

F.L.Putnam Investment Management Company is acquiring F.L.Putnam Investment Management Company, announced July 26, 2022. F.L.Putnam Investment Management Company is based in Lynnfield, Massachusetts, United States.

How much did F.L.Putnam Investment Management Company pay for F.L.Putnam Investment Management Company?
The deal value was not disclosed.
Where are F.L.Putnam Investment Management Company and F.L.Putnam Investment Management Company based?
F.L.Putnam Investment Management Company is based in Lynnfield, Massachusetts, United States. F.L.Putnam Investment Management Company is based in Lynnfield, Massachusetts, United States.
Who are the decision-makers at F.L.Putnam Investment Management Company?
Fundz holds 2 contacts at F.L.Putnam Investment Management Company. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

F.L.Putnam Investment Management Company

Location

Lynnfield, Massachusetts, United States

About

F.L.Putnam provides investment management, financial planning, and consulting services to high-net-worth clients and institutions including endowments and foundations. Since 1983, F.L.Putnam has delivered a comprehensive set of solutions that help clients build, preserve, and manage their wealth. The firm serves clients from offices in Maine, Massachusetts, New Hampshire, New York, and Rhode Island. More information is available at www.flputnam.com.

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Frequently asked

Who acquired F.L.Putnam Investment Management Company?

F.L.Putnam Investment Management Company was acquired by F.L.Putnam Investment Management Company, based in Lynnfield. The deal was reported on July 26, 2022. F.L.Putnam provides investment management, financial planning, and consulting services to high-net-worth clients and institutions including endowments and foundations. F.L.Putnam Investment Management Company is privately held and operates in Financial Services.

When did F.L.Putnam Investment Management Company acquire F.L.Putnam Investment Management Company?

F.L.Putnam Investment Management Company's acquisition of F.L.Putnam Investment Management Company was reported on July 26, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does F.L.Putnam Investment Management Company do?

F.L.Putnam provides investment management, financial planning, and consulting services to high-net-worth clients and institutions including endowments and foundations. It is privately held, operating in Financial Services, and is based in Lynnfield.

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