ACI Capital Group Formally Dissolved

A registered investment advisory, ACI Capital Group LLC, was formally dissolved Friday.

ACI Capital had assets of $3.7 billion. Fredrick D. Scott, founder, chief executive and chief information officer for ACI Capital Group, announced the dissolution of the company’s operations and the liquidation of the company’s assets.

Founded in 2009, ACI Capital Group was a privately held investment banking and advisory firm that provided services to corporate and private equity clients; had an asset management division that consisted of real estate, credit strategies, and private client services; and managed funds for “accredited” investors including institutions, pension funds, endowments, and funds of high-net-worth individuals.