$12B Conshohocken wealth manager acquired by private equity-backed firm (opens original article in a new tab)

Mill Creek Capital Advisors, a Philadelphia-area wealth manager with $12 billion in assets, has been acquired by Pathstone, a private equity-backed firm, to enhance its regional presence.

• Mill Creek Capital Advisors manages $12 billion in assets.
• The acquisition was made by Pathstone, a private equity-backed firm.
• The deal aims to strengthen Pathstone's regional presence.