advisory News & Analysis
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MCM Partners (MCM) Launches Family Office Platform for Wealth Management
MCM Partners has established the MCM Family Office, which combines family office advice, wealth management, and wealth planning services. Christophe Page has been appointed head of this new platform, bringing 20 years of experience in private banking and alternative investments. This initiative aims to provide more comprehensive support for clients' evolving needs in wealth planning and asset allocation. MCM's CEO Dan Rose stated that this launch is a natural extension of the company’s partnership with its clients.
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Lazard (LAZ) Acquires Private Capital Advisory Group for $575M
Lazard (LAZ) has announced its acquisition of a private capital advisory group for $575 million. This acquisition reflects the growing complexity in transactions handled by private capital groups, which are increasingly seeking advisory services. The move may enhance Lazard's position in the market as it adapts to evolving financial landscapes and client needs. The deal highlights the trend towards consolidation in the advisory sector, potentially impacting competitors in this space.
Read More: Lazard (LAZ) Acquires Private Capital Advisory Group for $575M