Deals Of The Day: The Latest In Wealth Management M&A – Charlesbank Capital, Petra Funds, Modern Wealth

Editorial Staff

26 April 2024

Charlesbank Capital Partners, Petra Funds Group
, the US RIA firm, has bought Indianapolis-based Martin James Investment & Tax Management.

The acquired group provides tax, wealth management and planning services, catering to more than 400 families, individuals and business owners.

The financial terms of the transaction were not disclosed.

Martin James was established in 1986 by its namesake, Martin James, CPA, PFS, and is led by him and his son, Kyle James, CPA, PFS.

The firm will adopt the Modern Wealth brand, while still serving clients in the greater Indianapolis area.