Cooke Financial Group Merges With Noyes

Chris and Brian Cooke (provided photo)

Indianapolis-based Cooke Financial Group has merged with Chicago-based wealth management and investment banking firm David A. Noyes & Co. Financial terms of the deal were not disclosed, however Noyes says CFG will be added to its wealth management group.

Chris and Brian Cooke, co-owners of CFG, will join Noyes as partners and will lead what is now Noyes’ largest branch. Noyes says the deal will allow CFG, which advises more than $1.7 billion in assets, to extend services to its clients and expand investment decisions.

"Because the culture and vision of our firms are so perfectly aligned, it made perfect sense to join force," said Chris Cooke. "CFG was founded on our aspiration to deliver independent, integrated and comprehensive wealth management advice and planning solutions to the families we serve. Merging with Noyes will enable us to eliminate the conflict of interest that may arise by being associated with a wirehouse, gain access to a wider selection of investment products, and serve more affluent clients."

Noyes has an office in Indianapolis. While no specific numbers were mentioned, a spokesperson for Noyes says more jobs will be added "to support additional business deriving from the merger."