Contango Capital Advisors, Inc. announced Thursday that it acquired the assets of the Phoenix-based wealth management firm BG Associates.
The business, which will operate under the Contango name, will offer Arizona clients a variety of services, including alternative investments and analytical capabilities.
BG Associates’ President Jim O’Conner and several members of his management team will join Contango to help maintain established advisory relationships with clients.
The parties involved in the acquisition say that integration with the National Bank of Arizona will be relatively painless, as both Contango and the bank are members of Zions Bancorporation.