Rothschild & Co completes sale of North American Asset Management units to Wintrust

Rothschild & Co is pleased to announce the completion of the sale of its North American Asset Management units to Wintrust Financial Corporation (“Wintrust”) (NASDAQ: WTFC), further to the agreement first announced on 14 November 2022.

Rothschild & Co Asset Management U.S. will now merge into and operate its business as Great Lakes Advisors, LLC, Wintrust’s subsidiary.

The terms of the transaction are not being disclosed.

- ENDS -

For more information contact:

Rothschild & Co
Marie-Laure Becquart, Investor Relations, Rothschild & Co 
investorrelation@rothschildandco.com
Caroline Nico, Media Relations, Rothschild & Co
Groupmediaenquiries@rothschildandco.com

Brunswick Group
Alex Yankus / Rachael Collins
rothschildandcous@brunswickgroup.com

About Rothschild & Co

Rothschild & Co is a family-controlled and independent group and has been at the centre of the world’s financial markets for over 200 years. With a team of talented financial services specialists on the ground in over 40 countries, Rothschild & Co’s integrated global network of trusted professionals provides in-depth market intelligence and effective long-term solutions for its clients in Global Advisory, Wealth & Asset Management, and Merchant Banking.  

Rothschild & Co is a French partnership limited by shares (société en commandite par actions) listed on Euronext in Paris, Compartment A with a share capital of €154,059,554. Paris trade and companies registry number 302 519 228. Registered office: 23 bis avenue de Messine, 75008 Paris, France.

Read more articles

  • Monthly Market Summary: May 2023

    Insights

    Despite the US large-cap tech stock rally in May, global equities fell by 1.1% and global government bonds declined by 2.2% (USD, unhedged terms).

  • Perspectives Podcast: A conversation with a private banker

    Market Perspective

    What does the job profile of a private banker look like and what are the challenges when it comes to preserving wealth? Laura Künlen and Giovanna Lagutaine, Market Head Switzerland, discuss these questions and more as well as explore the Rothschild & Co Art Collection.

  • Strategy blog: Banking update

    Insights

    Two months since the collapse of Silicon Valley Bank (SVB), we provide an update on the banking system. We continue to think the banking system looks overall healthier than in the period leading up to the Global Financial Crisis.

  • Market Perspective - Not such a bad mix

    Market Commentary

    Markets have quickly regained some poise, but it is still too soon to conclude that we are out of the banking and economic woods. In this edition of Market Perspective, we review cyclical risk and update our inflation monitor, before evaluating economic performance of different countries.

  • Asset Management Europe: Monthly Macro Insights – May 2023

    Market Commentary

    While tracking a firmer pace than feared in Q1-23 GDP, incoming reports suggest much of the strength can be attributed to China. Meanwhile, central banks have continued their tightening campaign amid stubbornly firm wage growth and sticky core inflation. Will they continue until something breaks?

Back to top