M and A

US Broker Buys Investment Advisor

Contributing Editor January 25, 2005

US Broker Buys Investment Advisor

Merriman Curhan Ford & Co., a San Francisco-based stockbroker and investment bank owned by MCF Corporation, has acquired Catalyst Financial ...

Merriman Curhan Ford & Co., a San Francisco-based stockbroker and investment bank owned by MCF Corporation, has acquired Catalyst Financial Planning & Investment Management, an investment advisor based in Oakland, California. Terms of the deal were not disclosed.

Catalyst will be merged with a newly created Delaware subsidiary of MCF Corporation called MCF Wealth Management. Madelyn Mallory, the current chief executive of Catalyst, will retain his position.

“Formation of our wealth management subsidiary and the acquisition of Catalyst represent the first step in the launch of our wealth management strategy,” said Greg Curhan, executive vice president of MCF Corporation, in a statement accompanying the announcement.

“The wealth management business is a natural fit with our investment banking and corporate and venture services businesses. Every day those businesses create liquidity for entrepreneurs who are creating wealth.”

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