trending Market Intelligence /marketintelligence/en/news-insights/trending/_X770SkwwS_tUlvOkjDP_g2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Fiduciary Trust Co. International to acquire Athena Capital Advisors

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


Fiduciary Trust Co. International to acquire Athena Capital Advisors

Fiduciary Trust Co. International, a unit of Franklin Resources Inc., agreed to acquire registered investment adviser Athena Capital Advisors LLC in a merger transaction.

Financial terms of the deal were not disclosed. The deal, subject to customary closing conditions, is expected to close in Franklin Resources' second quarter of fiscal 2020.

Athena Capital has approximately $6 billion in assets under management. After the acquisition, Fiduciary Trust's assets under management will be approximately $25 billion.

Goodwin Procter served as legal counsel to Fiduciary Trust and Franklin Resources. Raymond James | Silver Lane served as Athena Capital Advisors' financial adviser, while Holland & Knight served as its legal adviser.