Capital Guardian Agrees to Terms for a $20 Million Investment from Private Equity Fund Manager Southport Lane

  Capital Guardian Agrees to Terms for a $20 Million Investment from Private
  Equity Fund Manager Southport Lane

Business Wire

CHARLOTTE, N.C. -- December 19, 2012

Capital Guardian Holding, LLC, parent company of Capital Guardian, LLC and
Capital Guardian Wealth Management, LLC (collectively, “Capital Guardian”),
announces that Southport Lane Management, LLC (“Southport Lane”), the private
equity fund manager based in New York, has agreed to invest $20 million to
support the continued expansion of the Capital Guardian wealth management

Capital Guardian was selected by Southport Lane for its combination of strong
management, global platform, and focus on the advisor experience. The Capital
Guardian management team, led by CEO Alan Boyer, understands the changing
dynamics of the financial services industry and has a next generation vision
for the business. In addition, the team has built a platform and
infrastructure that is able to support significant growth and deliver
innovative solutions to both the advisor and client. The investment will
expand Southport Lane’s global asset management footprint.

Alan Boyercommented, “We are excited to partner with a group whose key
individuals have deep roots in the wealth management sector and truly
understand the challenges facing our industry. Furthermore, they have
demonstrated the ability to execute at the highest level in the sector and are
committed to preserving our independence to serve our advisors and clients.”

Also key to Southport Lane’s decision was Capital Guardian's strategic
relationship with Pershing, an essential component in being able to meet the
needs of its client base which includes affluent individuals, family offices,
asset managers and institutional investors. With$29.3 trillionin assets
under custody and administration with its parent company Bank of New York
Mellon, the Pershing platform provides clients with a high-level of security
and comfort along with access to the state of the art products and services
they require.

“Capital Guardian represents a rare combination of a talented, enthusiastic
team and business model, which has been properly crafted to meet the current
challenges of wealth management. We believe strongly that a robust platform,
which allows advisors to manage their own businesses with the full support of
institutional grade resources, is a compelling solution for today’s financial
advisors,” said Joel Plasco, Chairman of Southport Lane who will become the
Chairman of Capital Guardian.  Plasco was formerly Group CEO of Collins
Stewart plc where he was instrumental in the initial creation and then the
build-out of the firm’s wealth management group and investment banking

In addition to the continued growth of the existing business, the combined
Capital Guardian/Southport Lane vision for the future includes the enhancement
of capabilities for Capital Guardian’s advisors and clients, which include
expanded M&A advisory services, access to a wider selection of institutional
grade alternative asset managers, a bespoke family office offering and greater
international capabilities.

The investment is subject to regulatory approval.

About Capital Guardian

Capital Guardianis a boutique wealth management firm with offices
strategically located throughout the United States. Capital Guardianoffers
advisors access to a true open platform, personalized support, global
resources and an innovative management team. The firm’s mission is to liberate
and empower investors and advisors.More information on Capital Guardian is
available at

About Southport Lane

Southport Lane Management is an investment manager focused on private equity
and asset management founded in 2010. The firm’s core strategy is a
buy-and-hold philosophy of acquiring mature companies with a history of
creating value. The firm is headquartered in New York City and has assets
under management of approximately $1 billion. More information on Southport
Lane is available at


Loretta Mock/Jessica Kleinman
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