Ryder will continue to serve as President of True North, which will continue to be headquartered in Swanzey, New Hampshire. The company was previously owned by employees and every True North employee benefited from the acquisition.
Tifin Group makes 2 acquisitions
Tifin Group, a holding company of nine fintech companies serving the wealth and asset management industries, acquired Totum Risk, a risk profiles company, and myFinancialAnswers, a personal financial planning offering.
Tifin acquired the companies’ assets to “accelerate the adoption of its own risk and financial planning solutions”. Financial terms for the deals the company closed in the first quarter were not disclosed.
As part of the transactions, Larry Shumbres, CEO of Totum Risk, and Ben Pitts, CEO of myFinancialAnswers, will join Tifin and will be a central part of the new projects, Tifin said.
With the introduction of the new risk profile, the Totum brand will be retained, but a …