Madison Investments Announces Ownership Transfer to Employees
18 Agosto 2023 - 6:32PM
Madison Investments Holdings, Inc. (“Madison Investments”), an
independently-held investment management firm known for its
expertise in actively managed, high-quality portfolios, is pleased
to announce that majority ownership will be transferred from the
firm’s founder, Frank Burgess, to the firm and current,
long-standing team of senior management, investment professionals,
and employees.
The change in control reflects the firm’s
commitment to maintaining its independent, employee-owned status
and preserving its distinctive owner-operator culture. This
broad-based equity ownership structure will ensure that the current
culture, which is conducive to high investment performance, a focus
on client results, and an exceptional customer experience, will
continue uninterrupted.
“Madison Investments has passionately served a wide
array of clients for nearly 50 years,” stated Steven Carl, Chair of
the Executive Committee of Madison Investments. “This ownership
transition to the next generation of firm leaders and investment
professionals secures the legacy of Madison Investments and
continues the alignment of incentives between our employees and the
clients that have entrusted us with their assets. The firm is
extremely well positioned to continue delivering an excellent
investment experience for years to come.”
The ownership transfer serves as the final phase of
a comprehensive succession plan and is scheduled to go into effect
in the fourth quarter of 2023.
About Madison InvestmentsMadison
Investments is an independent investment management firm based in
Madison, WI. The firm was founded in 1974, has approximately $22.9
billion in assets under management as of June 30, 2023, and is
recognized as one of the nation’s top investment firms. Madison
Investments offers domestic fixed income, U.S. and international
equity, covered call, multi-asset, insurance, and credit union
investment management strategies.
“Madison” and/or “Madison Investments” is the
unifying tradename of Madison Investment Holdings, Inc., Madison
Asset Management, LLC, and Madison Investment Advisors, LLC.
Madison Funds are distributed by MFD Distributor, LLC. Madison is
registered as an investment adviser with the U.S. Securities and
Exchange Commission. MFD Distributor, LLC is registered with the
U.S. Securities and Exchange Commission as a broker-dealer and is a
member firm of the Financial Industry Regulatory Authority
(www.finra.org).
Media contact
Matt Perry, Madison Investments, Marketing and Communications
mattp@madisonadv.com 608-216-9177
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