Ferris Capital acquired; 250 Turnpike Rd Development plans

[VIA MY SOUTHBOROUGH]

Here’s a business story that pulls together news on Town government, economics, a resident, and even our school system.

Last week, a Kansas based investment adviser announced the acquisition of Southborough based Ferris Capital. The announcement by Creative Planning touted Ferris’ $755 million in AUM (Assets Under Management). The announcement described:

David M. Ferris, CEO and CIO of Ferris Capital, created a wealth management firm that was as driven, fast-paced, and determined as he was to provide a top-of-the-line experience to his clients. The 10-year-old firm now has a team that is adept at managing generational wealth, succession planning, investment management, real estate, retirement planning, private equity, and much more.

You can read more about that here.

One week before the announcement, Ferris made a very different announcement – inviting families with kids to come over to 118-120 Turnpike Rd to catch large trout they just stocked their ponds with. (Check out those details here.)