Funds and Investment Services
FormulaFolios combined with Brookstone Capital Management
Warner represented FormulaFolios in its combination with Brookstone Capital Management to create a $6.5 billion+ RIA. The FormulaFolios brand will continue to oversee the asset management division. Brookstone will maintain both companies’ headquarters in Chicago, Illinois and Grand Rapids, Michigan.
Founded in 2006, Brookstone Capital Management is an SEC-Registered Investment Adviser (RIA) firm that provides fee-based asset management services through its niche network of more than 400 financial advisors and firms. Founded in 2011, FormulaFolios is a Registered Investment Adviser (RIA) that uses money management algorithms to eliminate emotion from the investment processes and empowers financial advisors to better serve their clients.
Warner Norcross + Judd LLP served as legal counsel to FormulaFolios. The Warner transaction team was led by Gregory Schmidt and included Michael Jones, Shane Hansen, Sarah Harper, Stephen Kretschman, Brian Masternak, Steve Palazzolo and Amber Underhill.
Read the full press release here.
Warner’s Merger and Acquisitions (M&A) Practice Group
As part of one of the largest and most successful law firms in Michigan, Warner’s M&A group draws upon more than 85 years of experience to successfully and efficiently handle a wide range of M&A transactions for both private and publicly traded businesses, including mergers, acquisitions, divestitures, joint ventures and strategic business combinations of all types.