Hartford Funds Acquired by Wellington Management | Financial Services M&A Deal

Wellington Management has acquired Hartford Funds, a wealth management ria business in Connecticut, for $1.9 billion. Hartford Funds provides mutual fund and wealth management solutions for financial advisors and investors, supporting wealth management platform growth in CT. Wellington Management acquisitions expand its wealth management capabilities through a platform acquisition focused on distribution and client assets. The strategic acquisition is a financial services M&A platform deal valued at $1.9 billion, with reported asset scale around $160 billion and additional figures near $300 million. Financial services deals CT involving CT acquisitions are expected to close following regulatory review, strengthening Wellington’s strategic acquisition footprint in wealth management.