Acquisition · Adviser / wealth-management
Piedmont Investment Advisors
Transaction overview
Reported completed
Exact closing date not established.
FIS Group announced its agreement to acquire Piedmont Investment Advisors on May 23, 2018. By its December 2020 report, Xponance described itself as the successor representing the integration of FIS Group and Piedmont. Exact closing date was not established.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- FIS Group Acquires Piedmont Investment Advisors ↗
Official firm website · Published May 23, 2018
May23,2018 conditionalagreement forwhollyownedPiedmont; expectedQ3close, notcompletion.
- Leonard Oremland Joins Xponance ® ↗
Official firm website · Published Dec 3, 2020
December3,2020page/December2body explicitlyXponance successorrepresentingintegrationofFISGroupandPiedmont, corroboratingcompletedintegrationbyreport; noexactcloseday.