Source: PE Hub Network

Wilbanks, Smith & Thomas Asset Management: Rosemont buys stake in Virginia asset manager WST

Rosemont Investment Partners LLC has acquired a minority stake in Norfolk, Virginia-based asset manager Wilbanks Smith & Thomas Asset Management LLC. No financial terms were disclosed.

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Est. Annual Revenue

$5.0-25M

Est. Employees

25-100

President

Wayne Wilbanks

CEO Approval Rating

81/100

WST is a Virginia-based investment advisory firm that provides services such as wealth management, institutional consulting, and sub-advisory channels for businesses.