Wealth managers buy Va. firm

WORCESTER — The Private Wealth Management Group LLC, with offices on Foster Street in Worcester as well as Rochester, N.H., has purchased Cambridge Wealth Management Ltd., a Virginia-based registered investment adviser that caters to high net-worth families.

The majority of Cambridge Wealth Management's clientele is in the Metropolitan Washington, D.C., area and will now be served by the Private Wealth Management Group's director of financial planning, Thomas J. Dyer of Acton, and James K. Couture of Bellingham, PWMG's managing partner and principal investment strategist.

Advisers with the Private Wealth Management Group and its affiliated companies provide investment, insurance and financial planning services to more than 1,000 individual and 300 corporate clients.