Rappaport Reiches Capital Management has acquired Rolling Meadows, Illinois-based Frederick Capital Management, an independent advisory firm. No financial terms were disclosed. In conjunction with the deal, John Frederick, president of FCM, will join RRCM as a senior advisor.
Rappaport Reiches Capital Management (“RRCM”), a Chicago-area independent wealth management firm, today announced the acquisition of Frederick Capital Management, Inc. (“FCM”), an independent advisory firm based in Rolling Meadows, Illinois. John Frederick, President of FCM, will join Rappaport Reiches Capital Management as a Senior Advisor.
The acquisition adds about $125 million in assets under advisement to Rappaport Reiches Capital Management.
“We are thrilled to welcome John Frederick and his clients to the RRCM family,” says Shari Greco Reiches, RRCM Co-Founder and Chief Growth Officer. “Both firms share similar values—always operating in our clients’ best interests, with integrity and expertise.”
David Rappaport, RRCM Co-Founder and Chief Investment Officer, adds, “John has built an outstanding practice, and his investment approach fits well with ours.”
John Frederick states, “I started FCM over 24 years ago and have given my clients a successful investment experience. Partnering with RRCM enables me to expand the depth of financial planning services and ensures that my clients will be well-served in the future.”
About Rappaport Reiches Capital Management
Rappaport Reiches Capital Management (“RRCM”) is an independent SEC-registered investment advisor. RRCM was founded in 2005 by Shari Greco Reiches and David Rappaport to maximize clients’ return on life through comprehensive financial planning and investment management. RRCM manages over $850 million in assets on behalf of individuals, families, and non-profit organizations as of January 9th, 2022.