The 75-year-old co-founder of IBD firm Cadaret, Grant & Co. has agreed to sell his company to Atria Wealth Solutions, a wealth management services holding company launched last summer by two former Morgan Stanley executives with the help of a private equity firm.

The sale of the company to Atria will allow Cadaret to provide advisors with future growth opportunities, said Art Grant, CEO of Cadaret, one of the country’s 50 largest IBDs, according to Financial Planning data.

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