FIC Capital and Alexandria Capital Join Forces

Press Release

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FIC Capital and Alexandria Capital Join Forces

Tarrytown, NY – August 30, 2017 – Alexandria Capital, LLC and FIC Capital, Inc. today announced their intention to merge. The combination is expected to broaden the investment research, wealth management capabilities and additional service offerings available to both firms’ clients. As part of the transaction Jon Ferguson and Larry Waterhouse, the managing principals of FIC Capital, Inc., will bring their team of analysts and advisors to join forces with Alexandria Capital.

Alexandria Capital CEO, Gus Hong, said: ”I am delighted to be welcoming FIC Capital’s clients and employees to Alexandria Capital. Jon, Larry and the rest of the team’s track record of sound fiduciary care, investment expertise, and dedication to serving clients makes it simple for us to collaborate and join forces.”

FIC Capital President, Jon Ferguson, stated: “Larry and I have connected with many firms over the years as part of our ongoing efforts to expand our competitive intelligence and implement best practices. While many firms struggle with their commitment to fiduciary excellence, we quickly recognized the shared culture and vision we had with Alexandria. Our commitment to clients, passion for investing, and breadth of innovative solutions offered are enhanced by this combination and unique within the industry.”

Gerald Levitz, the President of Alexandria’s Investment Management Research Division, said: “Jon is an experienced portfolio manager and I look forward to working with him. Even after all these years of investing, he remains a dedicated student of the capital markets and investment research. As the markets become more technology driven and automated, we are both committed to expanding the value of our in-house research efforts. We are excited to leverage each other’s areas of strength.”

Larry Waterhouse, stated: “The team and I are delighted to enhance Alexandria’s growing Think Brilliant Platform TM. The platform’s goal is to bring together diverse, exceptional and complementary portfolio management skill sets to achieve greater investment results for our clients.”

The official closing is targeted for November 30th, 2017. As a result of the combination, Alexandria will have a presence in Washington DC, New York City, Tarrytown NY, McLean VA, Boston, and Portland OR. With the firm’s assets under management nearing $1 billion, it is anticipating adding more client services personnel and technology to enhance its client experience and engagement.


For further information, please contact

Alexandria Capital:
Augustine Hong (914) 251-2940
www.alexandriacapital.com
FIC Capital, Inc.::
Jon Ferguson (212) 679-2100
www.ficcapital.com

About the transaction parties:

Alexandria Capital, LLC s an SEC-registered investment advisory firm that provides a broad range of wealth management and investment services to high-net-worth individuals and families, trust, foundations, endowments, and pension plans, both in the US and abroad. The firm is represented by some of the industry’s most talented and successful financial professionals with extensive experience across multiple disciplines. For over a quarter-century, Alexandria has been serving the needs of its’ clients by adhering to its commitment to research, innovation and the belief that our clients come first in everything we do. Alexandria’s success has frequently been recognized by leading arbiters of our industry such as Barron’s, Bloomberg, Medical Economics, Financial Advisor Magazine, and Washingtonian. For more information on Alexandria Capital, visit www.alexandriacapital.com.

About FIC Capital, Inc.

FIC Capital, Inc. is headquartered in New York City and provides institutional-caliber investment management services and financial planning for affluent individuals and families. Its service offering is highly individualized and solutions customized to the needs of each investor. Currently, it is registered with the Securities and Exchange Commission as a registered investment advisor and serves clients throughout the country. For more information on FIC Capital, Inc., visit www.ficcapital.com.