Rothschild Wealth Partners acquires Illinois-based SNWA

Core Insights - Rothschild Wealth Partners has acquired Siligmueller & Norvid Wealth Advisors (SNWA) to enhance its presence in the US market [1][2] - The acquisition aligns with Rothschild's strategy of partnering with firms that prioritize fiduciary principles and long-term client relationships [2][4] - SNWA, founded in 1998, manages approximately $300 million in client assets and serves business owners, families, and high-net-worth individuals [1][3] Company Overview - Rothschild Wealth Partners, established in Chicago in 1908, offers services such as investment management, tax and estate planning, and business succession strategies [3] - The firm employs over 70 professionals, including 25 advisors, focusing on affluent families and business owners across the US [3] Strategic Goals - The acquisition of SNWA is expected to broaden Rothschild's planning, tax, and investment capabilities, enhancing the client experience [4] - Rothschild has also expanded its wealth management activities in Luxembourg and acquired Zurich-based Tenalis to strengthen its offerings in Europe and Switzerland [5][6]