NU Online News Service, April 30, 12:15 p.m. – Mellon Financial Corp., Pittsburgh, says it has agreed to acquire Weber Fulton & Felman, Cleveland, an investment-management firm with a client base of wealthy families, not-for-profit organizations and retirement funds.
Mellon did not disclose the terms of the agreement.
Mellon says Weber Fulton will become part of its private wealth management group. The firm has offices in Columbus, Ohio, and Paducah, Ky., as well as Cleveland.