Associated Banc-Corp to acquire wealth management firm

Freeman Staff

Sept. 10, 2017

GREEN BAY - Associated Bank's parent company, Associated Banc-Corp, announced Friday it will acquire Whitnell & Co., a wealth management and multi-family office services firm based in Oak Brook, Illinois. The transaction is expected to close next month.

Whitnell's more than 25 professionals provide affluent Midwest families with a complete set of multi-family office services centered around financial planning, wealth management and generational wealth transfer.

Whitnell will continue to operate as a subsidiary of Associated and retain the Whitnell brand. William E. Thonn, current president and CEO of Whitnell, will continue in his role and serve on the Whitnell board of directors.