Kansas City-based
Montage Investments has acquired Giralda Advisors, bringing assets under management to over $12 billion.

Montage is adding The Giralda Fund, which has round $220 million in assets, to its mutual fund range as part of the deal. The firm now offers six mutual funds.

“Montage’s vast distribution resources and its focus on providing innovative solutions that meet the needs of advisors and their clients have the potential to greatly enhance our growth,” said Jerry Miccolis, chief investment officer of Giralda Advisors.

Miccolis is also principal and chief investment officer of Brinton Eaton, a New Jersey-based firm which is being acquired by Mariner Wealth Advisors, it emerged yesterday.