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New York Investment Manager Acquires Regional Advisory Business

1 December 2005

New York Investment Manager Acquires Regional Advisory Business

New York-based investment management firm, Arrivato Advisors, is to buy Wichita, Kansas-based Intrust Financial Services, the investment adv...

New York-based investment management firm, Arrivato Advisors, is to buy Wichita, Kansas-based Intrust Financial Services, the investment advisory business of Intrust Bank.

The new entity will be named American Independence Financial Services.

IFS is investment advisor to The American Independence Funds, a mutual fund complex with more than $600 million in assets.

The wealth management unit of Intrust currently has $2.7 billion in assets under management.

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