Envit completes Clary acquisition

The Envit Capital Group, Inc., a Boston holding company for financial entities, announced today that one of its subsidiaries has completed the acquisition and name change of Clary Asset Management, LLC, a Registered Investment Advisor located in Texas.

Envit believes that this acquisition will help the company significantly increase its presence throughout the United States.

"This is just another small step in Envit's goal in becoming more than just a small boutique investment firm,” Edward M. Laborio Chairman and CEO, said in a statement.
(By Jonnelle Marte, Globe correspondent)