United Capital Financial Advisers, the US private wealth counselling firm, said yesterday it has acquired Steven L Pomeranz Financial Management, based in Boca Raton, Florida. The latter firm holds around $200 million in assets under management and 140 family relationships.
The financial size of the acquisition was not disclosed.
Steven Pomeranz, who is president of the eponymous business, has been in the industry since 1981, opening his firm in 1996. He is also the creator and host of a successful radio show, “On the Money! with Steve Pomeranz,” which airs on multiple stations including WPBI and WLRN, public radio affiliates for South Florida and in four other states.