The FT 401 is one in a series of rankings of top advisers developed by the FT in partnership with Ignites Research, including the FT 300 (independent RIA firms) and the FT 400 (broker-dealer advisers).
Eight CenterState advisors and five client services team members join more than 40 members at South State Investment Service to provide client-focused, locally-based financial advice and guidance throughout the Southeast.
The transaction, which is subject to customary closing approvals, is expected to close before the end of the year.
By the second quarter of 2020, Santander México placed more than 900mn pesos in the retail automotive credit segment, double the amount of the same period in 2019.
The rationale for the deal is also different to other manager M&A, said Stephen Tu, New York-based vice president and senior credit officer in Moody's Investors Service Inc.'s financial institutions group.