Morrison & Foerster Advises Wentworth Management in Acquisition of PKS

12/07/2017

F. Dario de Martino, Stephanie N. Ference, Hillel T. Cohn, Jay G. Baris, Mark R. McDonald, Domnick Bozzetti, Amanda Hines Gold, Christine E. Lyon, Nicole M. Elemen, and Spencer D. Klein

Corporate and Mergers + Acquisitions

MoFo News Item

MoFo represented Wentworth Management Services LLC in its acquisition of Purshe Kaplan Sterling Investments (PKS), an independent broker-dealer with 485 offices in all 50 states.

Wentworth is a holding company that acts as a long-term owner and operating partner for broker-dealers and other firms in the independent wealth management channel. The partnership between Wentworth and PKS will deliver additional balance sheet capabilities and human capital enhancements to PKS, and support future growth activities for the firm.

For more information, please see Wentworth’s press release.

The MoFo team was led by corporate associate Dario de Martino (New York), and included corporate associate Stephanie Ference (New York), with regulatory advice provided by of counsel Hillel Cohn (Los Angeles), and partners Jay Baris (New York) and Mark McDonald (Los Angeles). Compensation and benefits advice was provided by partner Domnick Bozzetti (New York) and of counsel Amanda Hines Gold (San Francisco). Employment and labor advice was provided by partner Chris Lyon (Palo Alto), and associate Nicole Elemen (Palo Alto). New York partner Spencer Klein, co-chair of the firm’s global M+A Group, also provided valuable advice.

Select media coverage:

Email Disclaimer

Unsolicited e-mails and information sent to Morrison & Foerster will not be considered confidential, may be disclosed to others pursuant to our Privacy Policy, may not receive a response, and do not create an attorney-client relationship with Morrison & Foerster. If you are not already a client of Morrison & Foerster, do not include any confidential information in this message. Also, please note that our attorneys do not seek to practice law in any jurisdiction in which they are not properly authorized to do so.

©1996-2017 Morrison & Foerster LLP. All rights reserved.