TEXE MARRS - ROCKEFELLER & ROTHSCHILD UNITE + VISUALS - AUGUST 30, 2014

NEW YORK (CNNMoney) -- Two of the most storied families in the business world -- the Rothschilds and the Rockefellers -- are coming together in an investment partnership. The Rothschilds’ London-listed RIT Capital Partners said Wednesday that it will acquire a 37% stake in Rockefeller’s wealth advisory and asset management group from Société Générale Private Banking for an undisclosed sum. Globalist kingpin David Rockefeller and top bankster Lord Jacob Rothschild will merge operations, according to the Financial Times: RIT Capital Partners is to buy a 37 per cent stake in the Rockefeller’s wealth advisory and asset management group for an undisclosed sum, giving Lord Rothschild’s London-listed trust a much sought-after foothold in the US. RIT Capital Partners, which is chaired by Lord Rothschild, has taken a 37pc stake in Rockefeller Financial Services, the family’s wealth advisory and asset management wing. It has snapped up the holding from French bank Société Générale for less than £100m. The transatlantic alliance cements a five-decade acquaintance between the now ennobled Jacob Rothschild, 76, and David Rockefeller, 96, the grandson of the ruthlessly acquisitive American oilman and philanthropist John D Rockefeller. The two patricians now plan to capitalise on their family names to buy other asset managers or their portfolios, using their networks of top-notch contacts to ensure they get a seat at the table for any deal. “We’ve known each other for a long time, they have a good business,” said Lord Rothschild yesterday. “We haven’t got a presence in the US and this brings together two formidable names in finance.” He said the two firms planned to capitalise on current market conditions where banks, like SocGen in this instance, are selling non-core assets to rebuild capital ratios. “At a time when big banks are destabilised, there may well be opportunities,” he said. “We could buy an asset management company or grow one. Rockefeller already has $34bn (£) assets under administration.”