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In line with the firm’s selective M&A program, this strategic move marks EFE’s ninth acquisition in the last three years and reflects the firm’s continued efforts to grow in regions where demand and need for wealth planning is accelerating. EFE also continues to make significant investments in solutions and technology to enable its more than 350 planners across the country to deliver even greater value to more clients.
Fifth Third (FITB.O), opens new tab on Monday agreed to buy regional lender Comerica (CMA.N), opens new tab in an all-stock deal valued at $10.9B.