New York-based Atria Wealth Solutions — the firm owned by longtime Morgan Stanley veteran Doug Ketterer — is acquiring the Syracuse, N.Y.-based independent broker-dealer Cadaret, Grant & Co. Inc., according to a press release from Atria.

Cadaret, Grant, which was founded in 1985, services around 900 financial advisors across 475 branches nationwide who have over $23 billion in assets under administration, according to the press release.

Atria, a wealth management solutions holding company launched in 2017 after Ketterer left Morgan Stanley, will acquire 100% of Cadaret, Grant as well as its sister firms Cadaret Grant Agency Inc. and Capital Strategy Group, Ltd., pursuant to a stock purchase agreement.

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