Waddell & Associates merger yields entity with $10B in AUM

Tennessee-based wealth management company Waddell & Associates has announced the completion of its merger with Coastal Bridge Advisors and One Charles Private Wealth — a move that yields an entity with more than $10 billion in assets under management.

The unified firm, now operating via the Coastal Bridge Advisors (CBA) name, offers approximately 20 partners and 52 individuals working in offices in Hingham, Mass.; Milford and Westport, Conn.; Charlotte; Fort Lauderdale; Los Angeles; and Memphis and Brentwood.