Industries Banking/Finance

Investment advisory firms complete merger

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Rockford, Ill.-based Savant Capital Management and The Monitor Group, based in McLean, have completed a merger to become Savant Capital, LLC. 

The financial advisory firm now manages nearly $2.7 billion in assets. It has nine offices in three states, Illinois, Wisconsin and Virginia.

The board of managers for Savant Capital, LLC, consists of Thomas Muldowney, chairman and principal; Brent Brodeski, CEO and principal; Richard Bennett, COO and principal; and Glenn Kautt, vice chairman and principal (previously president and chairman of The Monitor Group).

Before the combination, Muldowney, Brodeski and Bennett were each principals at Savant Capital Management.

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