Fenwick is representing Compound Financial, a developer of a finance platform that provides wealth management services to startup founders, in its merger with Alternativ Wealth, an operator of a wealth management and investment services platform.
As a result of the merger, Alternativ Wealth will rebrand as Compound Planning while increasing assets under management to $1.1 billion. The combined company’s technology platform will provide their advisors with a digital experience that spans the front, middle and back offices, accompanied by digital dashboard tools for clients. More information can be obtained from Compound’s news announcement.
The Fenwick transaction team includes corporate partners Michael Brown and Ethan Skerry, M&A associates Jiarui Li and Faye Wang and startup associates Aaron Ginsburg and Atrina Mehdipour; technology transactions partner Joseph Schenck and associate Ellis Liang; executive compensation and employee benefits partner Matt Cantor and associates Liza Morgan and Cynthia Yuan; privacy and cybersecurity counsel Ana Razmazma and associate Alyona Eidinger; and tax partner William Skinner and associate Daphny Lazarus.