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Investview Announces Definitive Agreement to Acquire S.A.F.E. Management, LLC
Oct 24, 2012 (06:10 PM EDT)
DRAPER, Utah, Oct. 24, 2012 /PRNewswire/ -- Investview, Inc. (OTCBB: INVU) ("Investview") – Dr. Joseph J. Louro, Chairman and Chief Executive Officer, announced a definitive agreement to acquire S.A.F.E. Management, LLC a registered investment advisor "SAFE Management".
SAFE Management, LLC is a Registered Investment Advisor (RIA) in the state of New Jersey. SAFE provides their clients unique investment products and advisory services that are created and managed by their in-house team of professionals using state of the art analysis tools and the experience of their CFA, Edward Hosinger. SAFE believes it is a combination of human experience and technology that can make a difference.
"The acquisition of SAFE is an important step towards our broader vision. We are committed to the education of the individual investor; however, for many who lack the time to manage and trade their investment capital, SAFE represents an opportunity for us to do it for them," said Dr. Louro.
"SAFE Management has a long history with the analysis tools and education offered by Investview. We view this acquisition as extremely beneficial to our current clients offering them additional research, resources, and expanded investment portfolios. SAFE Management will be able to bring the boutique advisory relationship to the broader market at a time when it is needed most," added Annette Raynor, General Partner of SAFE.
Excluded from the sale is the private fund Secure Acquisition Financial Entity, LP (SAFE LP). The parties intend to close the acquisition upon receiving regulatory approval.
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SOURCE Investview, Inc.