Brownhelm Capital, a family office based in Cleveland, bought a majority stake in Pecunia Management, a financial holding company with $4 billion in assets.
One of Pecunia’s businesses is International Assets Advisory, an Orlando-based independent broker-dealer which had approximately $1.5 billion in assets under management and more than 125 employees, according to its most recent Form ADV filed with the SEC. Pecunia’s other businesses include financial services firms Primus, International Assets Investment Management and...