Freedom Advisors Group LLC, a newly formed parent of EQIS Capital Management, Inc. (EQIS), a turnkey asset management platform (TAMP) for independent advisors, has acquired Hartford, Conn.-based TAMP 3D/L Capital Management LLC (3D/L). The combined firm serves 850 advisors with clients in all 50 states. Terms were not disclosed.
The firm intends to retain both registered investment advisory firms and brands, EQIS and 3D/L, delivering these distinct investment management solutions.
“We have long admired the value 3D/L has delivered for its independent advisors and their investor clients,” said Bob Herrmann, Chief Executive Officer at EQIS.
“Bringing together our platforms and talented professionals advances our mutual mission of freeing advisors to do what they do best and giving them the support needed to do business their way.”
“EQIS has the same commitment to investment excellence and white glove service as 3D/L,” said John O’Connor, President of 3D/L. “Our cultures and business approaches are a perfect fit while each company brings unique investment approaches and value to the combination, ultimately benefiting advisors and their clients.”
“With closely aligned strategic philosophies, 3D/L and EQIS have consistently delivered highly trusted investment management and service to their clients,” said Joe Demmler, Chief Executive Officer of 3D/L.
“Under Bob’s and John’s leadership, the combined entity will enjoy powerful and differentiated strategic advantage in helping advisors succeed in a highly competitive industry by supporting their business and growth potential.”
