$6B RIA Alesco Advisors Acquired By Local Credit Union

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. ESL Federal Credit Union, a Rochester, N.Y.-based financial institution, has acquired Alesco Advisors, a local wealth manager and investment outsourcing business. The deal, expected to close in November, expands ESL’s wealth management and investment advisory business to more than $10.8 billion in assets under advisement and $9.3 billion in assets under management.  Alesco was founded in 20 ...