F.L.Putnam Enhances National Presence by Acquiring Arcadia Investment Management in Michigan

F.L.Putnam Expands Its Reach with Strategic Acquisition in Michigan

F.L.Putnam Investment Management Company (FLP), a well-established independent investment firm, recently announced a significant milestone in its growth strategy with the acquisition of Arcadia Investment Management Corporation. This deal, completed on March 31, 2026, represents FLP's inaugural office in the Midwest, located in Kalamazoo, Michigan, and highlights the firm’s ambitions to expand its national footprint.

With this acquisition, FLP increases its assets under management to over $10 billion, a remarkable achievement that underscores the company's commitment to providing exceptional financial services across the country. Arcadia brings more than $670 million in assets under its management, catering to diverse clientele including high-net-worth individuals, families, foundations, and endowments.

Tom Manning, the CEO of FLP, expressed enthusiasm regarding this latest strategic move, saying, "Our partnership with Arcadia is a pivotal moment in FLP's growth. Gaining a physical presence in the Midwest, a market with tremendous opportunity, led by a seasoned team of investment professionals, strengthens our platform significantly."

Arcadia’s leadership team consists of highly qualified professionals, including Michael L. Mueller, CFA, who serves as President, Jerry B. Love, CPA, CFP, and Dorsey M. Martin, CMA, IACCP. Together, they bring decades of investment experience to the table, which is expected to enhance FLP’s operational capabilities moving forward. The synergy created through this acquisition will not only benefit FLP but also ensure that clients receive a wide array of investment opportunities tailored to their individual needs.

Michael Mueller commented on the partnership by expressing excitement about the new chapter with FLP, remarking that both firms share a commitment to client service and quality investing. He added, "This combination positions us well for continued growth," highlighting the collaborative spirit of the newly merged teams.

Meanwhile, Jerry Love reiterated the confidence in the partnership, affirming that this merger will allow them to maintain their high standard of service under the FLP brand. He believes that joining forces will open new avenues for Arcadia's existing clients while providing FLP’s clients with additional resources and investment solutions.

F.L.Putnam Investment Management has been a trusted name in the industry for over 40 years, headquartered in Lynnfield, Massachusetts. The firm caters to a wide variety of clients, from individuals to multi-family offices, and provides a comprehensive suite of investment, financial planning, and family office solutions. Their commitment to delivering quality service and successful financial strategies is reinforced through this strategic acquisition.

As the investment landscape continues to evolve, FLP is well-positioned to navigate the complexities and drive forward its mission of growth and excellence in investment management services. The acquisition further solidifies FLP’s reputation as a formidable player within the financial services industry, ready to take on new challenges and leverage opportunities in the Midwest market.