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Saturday, 21 January 2017
Last updated 6 hours ago
Apr 7 2011 | 1:11pm ET
Institutional consultant Clearbrook Global has merged with Madison Portfolio Consultants increasing Clearbook's assets under advisement to over $30 billion.
Madison is the second group in six months to join Clearbrook with the focus on expanding research and consulting offerings to clients.
Founded in 1990 by Alan Weisenberg, Madison Portfolio Consultants provides investment consulting and asset class research services to sponsors of portfolios of investment assets.
“Clearbrook and Madison are very similar firms. The comparable consulting offerings and culture make this partnership a win-win for clients and employees of both firms,” said Mr. Weisenberg.
Madison’s Frederick Weiss will serve as managing director of Clearbook Global and as a member of the firm’s executive committee, responsible for working with clients as well as leading the firm’s efforts in providing fiduciary investment solutions.
Daniel Lehrer, formerly vice president of Madison, will serve as director of Clearbrook Global, responsible for the oversight of the client portfolio research and analytics.
John Flack, formerly a Madison consultant, joins Clearbrook Global as a director, responsible for client consulting and project work.
Clearbrook Global provides comprehensive, objective investment advice and solutions to institutional investors worldwide.