CLIENTS
Silver Lane provides confidential, strategic advice to independent firms and larger diversified financial entities. We serve a limited number of clients at any given time. Some of the principals' prior clients include:
 Buyer: Envestnet, Inc. Silver Lane advised Prudential Financial, Inc. on the disposition of its Wealth Management Solutions division to Envestnet, Inc., a leading provider of unified wealth management technology and services to investment advisors. As of December 31, 2012, Prudential WMS administered approximately $22 billion on behalf of institutional clients. Prudential WMS has more than 30 years of experience helping financial services firms develop and enhance their wealth management offerings. Seasoned industry experts consult with client firms to help envision, design and implement wealth management offerings to optimize workflows and improve growth and profitability |
 Buyer: Focus Financial Partners Silver Lane advised The Portfolio Strategy Group, a $1.2 billion manager, on its sale to Focus Financial Partners, a partnership of independent advisors with over $50 billion in client assets. Based in White Plains, NY PSG provides discretionary investment advisory services to high net worth individuals and institutional investors with investible assets of $1 million to $100 million. |
 Buyer: Evercore Wealth Management, LLC Silver Lane advised Evercore Wealth Management, LLC, a subsidiary of Evercore Partners Inc., on its acquisition of Mt. Eden Investment Advisors, LLC, a wealth advisor with offices in San Francisco and Los Angeles. The acquisition will augment Evercore's presence on the West Coast and will create significant leverage for the combined franchise. At the close, the combined companies will have 25 partners across the United States and manage nearly $5 billion in client assets. |
 Buyer: First Republic Bank Silver Lane advised First Republic Bank on its acquisition of Luminous Capital Holdings, LLC. With the acquisition of this highly-regarded $5.5 billion California-based advisor, First Republic expands its Private Wealth Management assets under management to $29 billion. |
 Buyer: Hanlon Investment Management, Inc. Silver Lane initiated the transaction between Hanlon Financial Group, an affiliate of Hanlon Investment Management, Inc. and VC-backed Interactive Advisory Software, Inc. IAS is the developer and distributor of Solution 360’, a software application serving RIAs and Independent Financial Advisors. IAS has relationships with 170 firms that aggregate more than $70 billion in assets. The single platform, web-based solution includes portfolio management, financial planning, customer relationship management (CRM), client portals, rebalancing, and back office/reconciliation services. New Jersey-based Hanlon is a $3.4 billion RIA servicing over 2,100 advisors, 500 plan sponsors and 27,000 accounts. |
Buyer: The Colony Group
Silver Lane advised Mintz Levin Financial Advisors, LLC, an independent $1.1 billion wealth manager, on its sale to The Colony Group. The merger of these two highly regarded Boston-based wealth managers creates a firm with $2.5 billion in client assets operating in one of the most attractive markets in the nation. The transaction also boosts the assets of The Colony Group shareholder Focus Financial Partners, LLC, above the $50 billion mark. |
 Buyer: LPL Holdings, Inc. Silver Lane advised Fortigent, LLC, a $50 billion Maryland-based, outsourced provider to the wealth management industry, on its sale to LPL Holdings, Inc., the parent of LPL Financial LLC. LPL Financial is one of the largest independent broker-dealers in the U.S. Fortigent, whose client list has tripled in recent years, has carved a particularly strong niche in research, reporting and alternative investment solutions. |
 Buyer: Carlyle Global Financial Services Partners, L.P. Silver Lane advised Avalon Advisors, LLC, a $4.0 billion Houston-based investment management firm, on its recapitalization by Carlyle Global Financial Services Partners, L.P. and Platform Partners LLC. Avalon manages money for high net worth individuals and families, with an average account size of $18 million in investible assets. The company also manages money on behalf of select institutional investors. Management will continue to own a large minority stake in the business. |
 Buyer: TA Associates, Inc. Silver Lane advised Stadion Money Management, a $7 billion Georgia-based managed ETF platform, on its majority sale to TA Associates, Inc. Stadion employs an active money management approach, utilizing data-driven proprietary models to make asset allocation changes based on changing market conditions. "We hired Silver Lane primarily based on their knowledge and M&A experience in the financial services space. They actually exceeded my expectations in that regard, but I soon learned their value was much greater than mere transactional experience. Even though the team has been doing M&A for a long time and has played a role in lots of transactions, they never lost sight of the fact that it was my first one. Liz patiently helped me understand the process, clarified the decisions I needed to make, and then was a trusted advisor every step of the way, so I never felt overwhelmed. I couldn't imagine going through our transaction without Silver Lane." Tim Chapman, CEO |
 Buyer: Rosemont Investment Partners, LLC Silver Lane advised Westmount Asset Management, Inc., a Los Angeles-based investment advisory firm with $1.4 billion in managed assets, on its recapitalization by Rosemont Investment Partners, LLC. In additional to its traditional investment offering, Westmount has partnered with one of Southeast Asia’s leading banks, United Overseas Bank Group, in a joint venture to manage the ASEAN-China Investment Fund. This private equity fund provides growth capital to small and medium-sized enterprises in the 10-nation ASEAN countries and China. "We were fortunate in selecting Siver Lane to assist us. As the leading advisors in our field, Liz and Erika understand on a deep level the unique situation of each client, and they know all the key players in the industry. Through Silver Lane we were introduced to an outstanding partner, and were able to structure a transaction that enabled us to accomplish all of our primary objectives." James Berliner, President |
 Buyer: Horizon Asset Management, Inc. Silver Lane advised Horizon Asset Management, Inc. and its affiliates in a merger with a sister distribution entity, Kinetics Asset Management, Inc. The newly formed entity, Horizon Kinetics LLC, results in an investment advisory firm with close to $10 billion in assets. Horizon Kinetics provides independent proprietary research and investment advisory services for long-only and alternative value-based investing strategies, including the full suite of Kinetics Mutual Funds, Inc. Horizon Kinetics serves retail, high net worth, institutional and wrap programs globally. |
 Buyer: The Sienna Group Silver Lane advised The Sienna Group, a Seattle-based private investment firm, on their $40 million investment in Freestone Capital Management, a money management platform, specializing in traditional and alternative investments through its fund of funds offering. At closing, Freestone managed $2 billion for high net worth and institutional clients. |
Client: Gresham Financing: Asset Management Finance Corporation Silver Lane advised Gresham Partners, LLC an investment advisory and consulting firm with over $2.7 billion in assets on various mandates over the years. Key principal, Liz Nesvold, advised Gresham on its ownership succession planning between founder and next generation and introduced the firm to its funding source, Asset Management Finance Corporation. "The quality of services Gresham has received from Liz and Silver Lane are impeccable. The industry knowledge, pragmatic and solutions based focus, responsiveness, personal dedication and loyalty demonstrated over the several years and projects on which we have worked with Liz are of the highest quality, and likely incomparable." Ben Beavers, Founder & Chairman |
 Buyer: Advisor Investments Silver Lane advised E*TRADE Financial Corporation on its disposition of Kobren Insight Management to Boston-based Adviser Investments. At closing, the combined firm manages $2.3 billion in client assets. Founded in 1987, Kobren provides fee-based discretionary investment management services to high net worth individuals, corporations, foundations, endowments and 401(k) plans. |
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