2008-06-05 23:53:28 -

- Bellatore, LLC, an emerging provider in the turnkey asset management program (TAMP) market, announced today that it has initiated an acquisition strategy to accelerate the firm's growth. To help implement its acquisition program, Bellatore has retained Silver Lane Advisors, an M&A advisory firm specializing in the investment and wealth management industries.

A major focus of Bellatore's strategic plan

is to complement the firm's organic growth by increasing its assets under management through the acquisition of compatible turnkey asset management firms, service providers and money managers. Bellatore's goal is to acquire up to $2 billion of assets under management in the next 18 months. The investment banking firm Silver Lane Advisors will support this plan by providing advice and assistance on strategic acquisitions.

"We believe that targeted acquisitions will contribute to Bellatore's immediate goal of accelerating asset growth," said Bellatore President and CEO Al Steele. "This strategy is also an important component of our long-term objective to become a recognized leader in meeting the real-world goals and challenges of independent financial advisors."

"We look forward to helping the Bellatore team grow through selective acquisitions," said Silver Lane Managing Partner Elizabeth Nesvold. "Bellatore's growth strategy aligns with a movement toward consolidation in the TAMP industry, and the company has both the capital and solid platform necessary to realize these plans. They are uniquely situated to help smaller players capitalize on franchise value and elevate their competitive positioning through the combination."

About Silver Lane Advisors LLC

Silver Lane Advisors is a New York-based M&A investment bank and strategy consulting firm serving the financial services industry. The firm's principals have completed more than 185 assignments over the past 17 years, providing confidential, strategic advice to independent firms within the investment and wealth management industries and larger diversified financial entities assessing platform alternatives. The principals serve as a trusted advisor to a broad range of clients, including investment and wealth management firms, single and multi-family offices, brokerages, private and commercial banks, trust companies, insurance companies, and other related businesses.

About Bellatore, LLC

Bellatore, LLC is a financial services company that delivers knowledge leadership services and turnkey asset management solutions. Bellatore provides a distinct array of practice management services to independent financial advisors interested in accelerating their practices. Bellatore also helps financial institutions bring meaningful value to their businesses through practice management and business consulting, public speaking, wholesaler training, and business intelligence services.

For Bellatore, LLC
Shev Rush, 760-567-4321
shev@shevrushpr.com