Private Advisor Group Affiliate Buys $93M Firm 

Private Advisor Group announced Artemis Wealth Advisors, an affiliate of the wealth management firm and co-led by Cameron Staley and Andrew Wilson, as successor and acquirer of Rein Investments Advisor, LLC, managed by Jeffrey Rein. 

With the acquisition, Artemis Wealth Advisors, which provides wealth management and customized investment management services and now oversees $270 million in assets (Rein formerly managed $93 million in client assets), strengthens its presence in Southeast Michigan. The phased two-year transition ensures a smooth integration for clients, with both firms using the Fidelity platform as a custodian. 

“We are honored to continue the tradition of excellence that Jeff has established,” said Wilson. “Our priority is to maintain the high level of service and advice that clients have come to expect.” 

The $35.2 billion-managing Morristown, NJ-based Private Advisor Group plans to continue to facilitate growth opportunities for its community of 800 financial advisors. The firm offers access to consulting, capital, and transition support for firms looking to implement a succession or acquisition strategy. 

In August, Private Advisor Group collaborated with Succession Link, a networking and communication platform, to enhance succession planning, business continuity, mergers and acquisitions, and hiring practices for its advisors. 

Pictured l to r: Andrew Wilson, Jeffrey Rein, Cameron Staley