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Guaranty Bank buys assets of Denver wealth-management firm

The deal "allows us to continue to provide the exceptional service and the highest level of consulting to our clients while also expanding our capabilities and resources," Wagner said.
Guaranty Bank and Trust Co. says a subsidiary has bought the assets of Wagner Wealth Management.

Guaranty Bank and Trust Co. says a subsidiary has bought the assets of Wagner Wealth Management LLC, a Denver-based privately held firm.

Denver-based Guaranty is adding Wagner to its Private Capital Management LLC subsidiary. It says the combined firm -- operating under the Private Capital Management brand -- has more than $1.1 billion in assets under management and is in the top 10 of Colorado-based wealth management firms.

Terms were not disclosed.

“We are pleased to be bringing together this team of wealth management professionals with the experience, credentials and talent to help our clients reach their financial goals,” said Justin Apt, managing principal of Private Capital Management, in a statement Tuesday. “This powerful combination of two Colorado-based wealth management firms will provide highly personalized financial advisory expertise to both individuals and businesses.”

Read more at the Denver Business Journal: http://bit.ly/2mPTZrS

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