Philadelphia – October 9, 2017 — HBKS® Wealth Advisors(HBKS) announced today it has completed a merger agreement with Locust Capital Management. Under the agreement, the Philadelphia-based wealth management firm will operate as HBKS as of October 6, 2017.
“We are pleased to welcome Locust Capital Management to our network of wealth managers,” noted HBKS Managing Principal and CEO Christopher Allegretti. “They have built a tremendous business based on forging deep and valued relationships with their clients. In considering a merger, we look to partner with like-minded ethical professionals. Locust Capital has had proven success in building a strong presence in Philadelphia and surrounding communities and we are excited to have them join the HBKS team.”