Private Equity – Minority Stake Investment by Emigrant Partners in Pure Financial Advisors

Seward & Kissel represented Emigrant Partners in connection with its minority stake investment in Pure Financial Advisors, LLC.

Pure Financial Advisors is a fee-only registered investment advisor, that currently manages over $2.4 billion of client assets, with offices in San Diego, Orange County and Los Angeles, California. New York-based Emigrant Partners makes non-voting minority investments in wealth, asset and alternative asset management firms, and together with its affiliate Fiduciary Network is currently partnered with 17 firms overseeing more than $50 billion in aggregate AUM and AUA. Its affiliate Emigrant Bank is the largest privately-held, family-owned and operated bank in America.