M and A

US Wealth, Mortgage Managers Forge JV

Tom Burroughes Deputy Editor London May 2, 2008

US Wealth, Mortgage Managers Forge JV

California-based Opes Advisors, a wealth management and residential mortgage banking firm, has formed a strategic partnership with financial services business Absolute Mortgage Banking.

The tie-up is designed to let both companies provide additional mortgage options and more competitive pricing to their clients. And with access to Opes Advisors' wealth management division, Absolute Mortgage Banking can help clients ensure that their loan structure, and associated leverage, supports their long term financial goals, the companies said in a joint statement.

“The combined efforts of our companies will allow us to help more clients to define and achieve their financial goals," said Susan McHan, co-founder, president and chief executive of Opes Advisors.

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