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Harleysville National Corporation to Acquire the Cornerstone Companies, a $1.5 Billion Investment Advisor; Life Insurance and Business Consulting Firm.

Publication: PR Newswire
Publication Date: 15-NOV-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
HARLEYSVILLE, Pa., Nov. 15 /PRNewswire-FirstCall/ -- Harleysville National Corporation today announced that its wholly owned subsidiary, Harleysville National Bank, has signed a definitive agreement to acquire the Cornerstone Companies, registered investment advisors for high net worth privately held business owners, wealthy families and institutional clients. Located in the Lehigh Valley, Pennsylvania, the firm specializes in providing sophisticated open architecture asset management platforms, business succession and estate planning services, life insurance sales, financial consulting and compensation and benefits consulting. The firm has assets under management of approximately $1.5 billion. Its predecessor firm was founded in 1970 and...

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