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North Carolina company buys KC wealth management firm

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Raleigh, North Carolina-based Captrust Financial Advisors acquired Frontier Wealth Management in Kansas City.

The financial terms of the deal were undisclosed.

Frontier adds $4 billion in assets to Captrust. The latter company has $100 billion in assets under management and another $850 billion in assets under advisement.

Read more from the Kansas City Business Journal.

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