CINCINNATI (Cincinnati Business Courier) – A growing Cincinnati financial planning and wealth management firm has sold an ownership stake to a New York-based company that backs investment management businesses.
Rosselot Financial Group, based in Anderson Township, has sold a minority stake in the firm to Merchant Investment Management, which provides growth capital and resources to independent wealth and asset management firms.
Merchant acquired slightly less than 20% of Rosselot, CEO Nate Kosman told Cincinnati Business Courier. The price wasn’t disclosed…