Gratry & Company: Confluence Investment Management of St. Louis acquires Beachwood money manager Gratry & Co.

Jeremy Nobile - Gratry, a firm founded in 1981 with about $350 million in total assets under management and advisement, will retain its top executives and its Cleveland office upon the closing of the deal, which is expected in late April. Confluence has roughly $8 billion in assets under management and supervision.