Steward Partners Global Advisory LLC entered into an agreement to acquire Umpqua Investments, Inc. from Umpqua Holdings Corporation (NasdaqGS:UMPQ) on September 28, 2020. Under terms of the agreement, Steward Partners will serve as the primary investment partner for Umpqua Bank customers. Umpqua wealth management client assets and network of financial advisors will also provide the backbone of the Steward Partners' new West Coast operation. Umpqua's 23 financial advisors will become equity partners and employees of Steward Partners Global Advisory. The transaction is subject to customary closing conditions and is expected to close in the first quarter of 2021. As of January 21, 2021 the transaction is expected to close late in the first quarter of 2021. As of February 25, 2021, the transaction is expected to close in the first half of 2021. Goodwin Procter LLP acted as legal advisor to Steward Partners. William E. Doran, Sarah M. Hesse and Jessica N. Angney of Benesch Friedlander Coplan & Aronoff LLP acted as legal advisor to Umpqua. Raymond James & Associates, Inc. acted as financial advisor to Umpqua Investments, Inc. Jonathan Roberts of BDO Global Coordination B.V acted as accountant to Steward Partners Global Advisory LLC. Steward Partners Global Advisory LLC completed the acquisition of Umpqua Investments, Inc. from Umpqua Holdings Corporation (NasdaqGS:UMPQ) on April 23, 2021. Umpqua Investments have been renamed to Steward Partners Investment Solutions, LLC.