Transaction Details

Republic Capital Group served as the exclusive financial advisor to AUTUS Asset Management in its combination with Parallel Advisors, and subsequently advised the combined firm in securing Golden Gate Capital as its capital partner in a recapitalization.

Parallel Advisors, founded in 2006 and based in San Francisco, is a registered independent wealth management firm with offices in Dayton, Dallas, Honolulu, and Oklahoma City, specializing in active financial planning, portfolio construction, and asset allocation for individuals, families, and trusts. AUTUS Asset Management, a Scottsdale, Arizona-based boutique asset manager, provides personalized wealth management and individual equity and fixed income security selection for high-net-worth individuals, families, and endowments. Following the combination, Parallel manages approximately $5.7 billion in assets under management with more than 90 professionals.

Golden Gate Capital is a San Francisco-based private equity firm with more than $19 billion in cumulative committed capital, investing across going-privates, corporate divestitures, and recapitalizations, with representative financial services investments including Pico Quantitative Trading, Aperio, Nassau Financial Group, and Mosaic Insurance.