RIAs are getting loads of deal-making executed in February. Mariner Wealth Advisors, Hightower, Focus Monetary’s Buckingham Strategic Wealth, Sanctuary’s Alluvial Non-public Wealth, Kestra’s Grove Level and Ashton Thomas Non-public Wealth all introduced acquisitions this week, in offers value greater than $1.4 billion in cumulative shopper belongings.
In the meantime Savant and Wealthspire each added expertise in newly created roles to facilitate development, Methods Wealth Advisors has a brand new title, and NAPFA named Kathryn Dattomo as its new CEO.
Mariner Wealth Advisors Acquires Arizona Tax Observe
Associated: Non-public Wealth Administration Provides $1B U.S. Financial institution Expats
Mariner Wealth Advisors introduced its first acquisition of 2023—the Arizona-based tax apply Hopkins Tameron Hostal.
Joe Tameron and David Hopkins based the agency in 2017. They beforehand labored collectively on the nationwide CPA agency CliftonLarsonAllen and launched Hopkins with the intention of offering shoppers with extra personalised companies. Their workforce of 10 gives tax, consulting and wealth administration companies to professionals in industries akin to development, actual property, manufacturing, hospitality and expertise. In 2022, Hopkins additionally accomplished 1,500 returns for company and particular person shoppers.
Associated: Sequoia Monetary to Purchase $5B Zeke Capital
The mixing of Hopkins’ companies aligns with Mariner’s objective to offer shoppers with “a full catalog of options in-house,” in response to Wednesday’s announcement
“It has at all times been our imaginative and prescient to offer our shoppers with nationwide agency expertise and information, whereas nonetheless providing the individualized and private consideration they deserve,” Hopkins mentioned in an announcement. “Becoming a member of Mariner Wealth Advisors will speed up our mission of turning imaginative and prescient into worth for our shoppers, and we’re excited to broaden the scope of companies we’re capable of present with the agency’s assist.”
“Hopkins and Tameron have demonstrated admirable success of their operations on each a nationwide and impartial scale,” Mariner CEO Marty Bicknell mentioned in an announcement. “I stay up for seeing this success translate into the workforce’s work with our advisors and shoppers within the better Scottsdale and Phoenix space, in addition to nationwide.”
The deal is considerably uncommon for Mariner—which has an aggressive M&A technique primarily focusing on registered funding advisors—however isn’t the primary in its historical past. The agency has accomplished six such acquisitions and three lift-outs, together with two 2019 acquisitions that established tax associates in Los Angeles and New Jersey.
The agency has grown to 84 areas nationwide since its 2006 launch and is now working to offer shoppers with a “seamless” wealth administration expertise, together with entry to tax, belief, insurance coverage and property specialists.
The transaction closed Jan. 31, 2023, and Hopkins’ Scottsdale workplace formally joined the Mariner model on Thursday. Following integration, the Hopkins workforce will stay of their Scottsdale workplace and supply assist for Mariner’s Scottsdale and Phoenix areas.
Launched with simply $300 million in shopper belongings lower than 20 years in the past, Mariner and its associates now advise on greater than $105 billion in belongings.
Hightower Buys $625M Bickling Monetary Companies
Hightower introduced the acquisition of Bickling Monetary Companies, a Lexington, Mass.-based registered funding advisor with roughly $625 million in belongings underneath administration and three places of work throughout the state.
Bickling is a family-owned enterprise based in 1984 by Dorothy Bickling, one of many first 600 folks—and one of many first ladies—to earn the Licensed Monetary Planner designation. Sons Spencer and Andrew Betts joined the agency in 2000 and 2007, respectively, serving to to transition Bickling to an SEC-registered agency in 2015. They at present work as co-managing principals and have aimed to institutionalize the enterprise.
“As a agency, we have now skilled great development over the previous few years,” Spencer Betts mentioned in an announcement. “To proceed reaching our development objectives, we knew we would have liked a strategic companion that might assist us scale the enterprise and put money into its future.”
“We see this as the subsequent evolution of our enterprise,” added Andrew Betts. “We knew we wished a agency that might add sources and experience, but in addition provides us the liberty to implement our strategic imaginative and prescient.”
With a employees of 14 workers, together with 5 advisors, Bickling offers full-service wealth administration and monetary planning companies to greater than 850 shoppers and 27 pension plans in 13 states, in response to its newest ADV submitting.
“We stay up for serving to them obtain their formidable development objectives, each organically and thru expertise acquisition, scale their operations and develop the next-generation of leaders by way of packages like our Hightower Heart for Management,” mentioned Hightower CEO Bob Oros.
Hightower’s mannequin is based on shopping for impartial, growth-oriented companies and offering them with the means to facilitate that development in a large variRIAs are getting loads of deal-making executed in February. Mariner Wealth Advisors, Hightower, Focus Monetary’s Buckingham Strategic Wealth, Sanctuary’s Alluvial Non-public Wealth, Kestra’s Grove Level and Ashton Thomas Non-public Wealth all introduced acquisitions this week, in offers value greater than $1.4 billion in cumulative shopper belongings.
In the meantime Savant and Wealthspire each added expertise in newly created roles to facilitate development, Methods Wealth Advisors has a brand new title, and NAPFA named Kathryn Dattomo as its new CEO.
Mariner Wealth Advisors Acquires Arizona Tax Observe
Associated: Non-public Wealth Administration Provides $1B U.S. Financial institution Expats
Mariner Wealth Advisors introduced its first acquisition of 2023—the Arizona-based tax apply Hopkins Tameron Hostal.
Joe Tameron and David Hopkins based the agency in 2017. They beforehand labored collectively on the nationwide CPA agency CliftonLarsonAllen and launched Hopkins with the intention of offering shoppers with extra personalised companies. Their workforce of 10 gives tax, consulting and wealth administration companies to professionals in industries akin to development, actual property, manufacturing, hospitality and expertise. In 2022, Hopkins additionally accomplished 1,500 returns for company and particular person shoppers.
Associated: Sequoia Monetary to Purchase $5B Zeke Capital
The mixing of Hopkins’ companies aligns with Mariner’s objective to offer shoppers with “a full catalog of options in-house,” in response to Wednesday’s announcement
“It has at all times been our imaginative and prescient to offer our shoppers with nationwide agency expertise and information, whereas nonetheless providing the individualized and private consideration they deserve,” Hopkins mentioned in an announcement. “Becoming a member of Mariner Wealth Advisors will speed up our mission of turning imaginative and prescient into worth for our shoppers, and we’re excited to broaden the scope of companies we’re capable of present with the agency’s assist.”
“Hopkins and Tameron have demonstrated admirable success of their operations on each a nationwide and impartial scale,” Mariner CEO Marty Bicknell mentioned in an announcement. “I stay up for seeing this success translate into the workforce’s work with our advisors and shoppers within the better Scottsdale and Phoenix space, in addition to nationwide.”
The deal is considerably uncommon for Mariner—which has an aggressive M&A technique primarily focusing on registered funding advisors—however isn’t the primary in its historical past. The agency has accomplished six such acquisitions and three lift-outs, together with two 2019 acquisitions that established tax associates in Los Angeles and New Jersey.
The agency has grown to 84 areas nationwide since its 2006 launch and is now working to offer shoppers with a “seamless” wealth administration expertise, together with entry to tax, belief, insurance coverage and property specialists.
The transaction closed Jan. 31, 2023, and Hopkins’ Scottsdale workplace formally joined the Mariner model on Thursday. Following integration, the Hopkins workforce will stay of their Scottsdale workplace and supply assist for Mariner’s Scottsdale and Phoenix areas.
Launched with simply $300 million in shopper belongings lower than 20 years in the past, Mariner and its associates now advise on greater than $105 billion in belongings.
Hightower Buys $625M Bickling Monetary Companies
Hightower introduced the acquisition of Bickling Monetary Companies, a Lexington, Mass.-based registered funding advisor with roughly $625 million in belongings underneath administration and three places of work throughout the state.
Bickling is a family-owned enterprise based in 1984 by Dorothy Bickling, one of many first 600 folks—and one of many first ladies—to earn the Licensed Monetary Planner designation. Sons Spencer and Andrew Betts joined the agency in 2000 and 2007, respectively, serving to to transition Bickling to an SEC-registered agency in 2015. They at present work as co-managing principals and have aimed to institutionalize the enterprise.
“As a agency, we have now skilled great development over the previous few years,” Spencer Betts mentioned in an announcement. “To proceed reaching our development objectives, we knew we would have liked a strategic companion that might assist us scale the enterprise and put money into its future.”
“We see this as the subsequent evolution of our enterprise,” added Andrew Betts. “We knew we wished a agency that might add sources and experience, but in addition provides us the liberty to implement our strategic imaginative and prescient.”
With a employees of 14 workers, together with 5 advisors, Bickling offers full-service wealth administration and monetary planning companies to greater than 850 shoppers and 27 pension plans in 13 states, in response to its newest ADV submitting.
“We stay up for serving to them obtain their formidable development objectives, each organically and thru expertise acquisition, scale their operations and develop the next-generation of leaders by way of packages like our Hightower Heart for Management,” mentioned Hightower CEO Bob Oros.
Hightower’s mannequin is based on shopping for impartial, growth-oriented companies and offering them with the means to facilitate that development in a large variRIAs are getting loads of deal-making executed in February. Mariner Wealth Advisors, Hightower, Focus Monetary’s Buckingham Strategic Wealth, Sanctuary’s Alluvial Non-public Wealth, Kestra’s Grove Level and Ashton Thomas Non-public Wealth all introduced acquisitions this week, in offers value greater than $1.4 billion in cumulative shopper belongings.
In the meantime Savant and Wealthspire each added expertise in newly created roles to facilitate development, Methods Wealth Advisors has a brand new title, and NAPFA named Kathryn Dattomo as its new CEO.
Mariner Wealth Advisors Acquires Arizona Tax Observe
Associated: Non-public Wealth Administration Provides $1B U.S. Financial institution Expats
Mariner Wealth Advisors introduced its first acquisition of 2023—the Arizona-based tax apply Hopkins Tameron Hostal.
Joe Tameron and David Hopkins based the agency in 2017. They beforehand labored collectively on the nationwide CPA agency CliftonLarsonAllen and launched Hopkins with the intention of offering shoppers with extra personalised companies. Their workforce of 10 gives tax, consulting and wealth administration companies to professionals in industries akin to development, actual property, manufacturing, hospitality and expertise. In 2022, Hopkins additionally accomplished 1,500 returns for company and particular person shoppers.
Associated: Sequoia Monetary to Purchase $5B Zeke Capital
The mixing of Hopkins’ companies aligns with Mariner’s objective to offer shoppers with “a full catalog of options in-house,” in response to Wednesday’s announcement
“It has at all times been our imaginative and prescient to offer our shoppers with nationwide agency expertise and information, whereas nonetheless providing the individualized and private consideration they deserve,” Hopkins mentioned in an announcement. “Becoming a member of Mariner Wealth Advisors will speed up our mission of turning imaginative and prescient into worth for our shoppers, and we’re excited to broaden the scope of companies we’re capable of present with the agency’s assist.”
“Hopkins and Tameron have demonstrated admirable success of their operations on each a nationwide and impartial scale,” Mariner CEO Marty Bicknell mentioned in an announcement. “I stay up for seeing this success translate into the workforce’s work with our advisors and shoppers within the better Scottsdale and Phoenix space, in addition to nationwide.”
The deal is considerably uncommon for Mariner—which has an aggressive M&A technique primarily focusing on registered funding advisors—however isn’t the primary in its historical past. The agency has accomplished six such acquisitions and three lift-outs, together with two 2019 acquisitions that established tax associates in Los Angeles and New Jersey.
The agency has grown to 84 areas nationwide since its 2006 launch and is now working to offer shoppers with a “seamless” wealth administration expertise, together with entry to tax, belief, insurance coverage and property specialists.
The transaction closed Jan. 31, 2023, and Hopkins’ Scottsdale workplace formally joined the Mariner model on Thursday. Following integration, the Hopkins workforce will stay of their Scottsdale workplace and supply assist for Mariner’s Scottsdale and Phoenix areas.
Launched with simply $300 million in shopper belongings lower than 20 years in the past, Mariner and its associates now advise on greater than $105 billion in belongings.
Hightower Buys $625M Bickling Monetary Companies
Hightower introduced the acquisition of Bickling Monetary Companies, a Lexington, Mass.-based registered funding advisor with roughly $625 million in belongings underneath administration and three places of work throughout the state.
Bickling is a family-owned enterprise based in 1984 by Dorothy Bickling, one of many first 600 folks—and one of many first ladies—to earn the Licensed Monetary Planner designation. Sons Spencer and Andrew Betts joined the agency in 2000 and 2007, respectively, serving to to transition Bickling to an SEC-registered agency in 2015. They at present work as co-managing principals and have aimed to institutionalize the enterprise.
“As a agency, we have now skilled great development over the previous few years,” Spencer Betts mentioned in an announcement. “To proceed reaching our development objectives, we knew we would have liked a strategic companion that might assist us scale the enterprise and put money into its future.”
“We see this as the subsequent evolution of our enterprise,” added Andrew Betts. “We knew we wished a agency that might add sources and experience, but in addition provides us the liberty to implement our strategic imaginative and prescient.”
With a employees of 14 workers, together with 5 advisors, Bickling offers full-service wealth administration and monetary planning companies to greater than 850 shoppers and 27 pension plans in 13 states, in response to its newest ADV submitting.
“We stay up for serving to them obtain their formidable development objectives, each organically and thru expertise acquisition, scale their operations and develop the next-generation of leaders by way of packages like our Hightower Heart for Management,” mentioned Hightower CEO Bob Oros.
Hightower’s mannequin is based on shopping for impartial, growth-oriented companies and offering them with the means to facilitate that development in a large variRIAs are getting loads of deal-making executed in February. Mariner Wealth Advisors, Hightower, Focus Monetary’s Buckingham Strategic Wealth, Sanctuary’s Alluvial Non-public Wealth, Kestra’s Grove Level and Ashton Thomas Non-public Wealth all introduced acquisitions this week, in offers value greater than $1.4 billion in cumulative shopper belongings.
In the meantime Savant and Wealthspire each added expertise in newly created roles to facilitate development, Methods Wealth Advisors has a brand new title, and NAPFA named Kathryn Dattomo as its new CEO.
Mariner Wealth Advisors Acquires Arizona Tax Observe
Associated: Non-public Wealth Administration Provides $1B U.S. Financial institution Expats
Mariner Wealth Advisors introduced its first acquisition of 2023—the Arizona-based tax apply Hopkins Tameron Hostal.
Joe Tameron and David Hopkins based the agency in 2017. They beforehand labored collectively on the nationwide CPA agency CliftonLarsonAllen and launched Hopkins with the intention of offering shoppers with extra personalised companies. Their workforce of 10 gives tax, consulting and wealth administration companies to professionals in industries akin to development, actual property, manufacturing, hospitality and expertise. In 2022, Hopkins additionally accomplished 1,500 returns for company and particular person shoppers.
Associated: Sequoia Monetary to Purchase $5B Zeke Capital
The mixing of Hopkins’ companies aligns with Mariner’s objective to offer shoppers with “a full catalog of options in-house,” in response to Wednesday’s announcement
“It has at all times been our imaginative and prescient to offer our shoppers with nationwide agency expertise and information, whereas nonetheless providing the individualized and private consideration they deserve,” Hopkins mentioned in an announcement. “Becoming a member of Mariner Wealth Advisors will speed up our mission of turning imaginative and prescient into worth for our shoppers, and we’re excited to broaden the scope of companies we’re capable of present with the agency’s assist.”
“Hopkins and Tameron have demonstrated admirable success of their operations on each a nationwide and impartial scale,” Mariner CEO Marty Bicknell mentioned in an announcement. “I stay up for seeing this success translate into the workforce’s work with our advisors and shoppers within the better Scottsdale and Phoenix space, in addition to nationwide.”
The deal is considerably uncommon for Mariner—which has an aggressive M&A technique primarily focusing on registered funding advisors—however isn’t the primary in its historical past. The agency has accomplished six such acquisitions and three lift-outs, together with two 2019 acquisitions that established tax associates in Los Angeles and New Jersey.
The agency has grown to 84 areas nationwide since its 2006 launch and is now working to offer shoppers with a “seamless” wealth administration expertise, together with entry to tax, belief, insurance coverage and property specialists.
The transaction closed Jan. 31, 2023, and Hopkins’ Scottsdale workplace formally joined the Mariner model on Thursday. Following integration, the Hopkins workforce will stay of their Scottsdale workplace and supply assist for Mariner’s Scottsdale and Phoenix areas.
Launched with simply $300 million in shopper belongings lower than 20 years in the past, Mariner and its associates now advise on greater than $105 billion in belongings.
Hightower Buys $625M Bickling Monetary Companies
Hightower introduced the acquisition of Bickling Monetary Companies, a Lexington, Mass.-based registered funding advisor with roughly $625 million in belongings underneath administration and three places of work throughout the state.
Bickling is a family-owned enterprise based in 1984 by Dorothy Bickling, one of many first 600 folks—and one of many first ladies—to earn the Licensed Monetary Planner designation. Sons Spencer and Andrew Betts joined the agency in 2000 and 2007, respectively, serving to to transition Bickling to an SEC-registered agency in 2015. They at present work as co-managing principals and have aimed to institutionalize the enterprise.
“As a agency, we have now skilled great development over the previous few years,” Spencer Betts mentioned in an announcement. “To proceed reaching our development objectives, we knew we would have liked a strategic companion that might assist us scale the enterprise and put money into its future.”
“We see this as the subsequent evolution of our enterprise,” added Andrew Betts. “We knew we wished a agency that might add sources and experience, but in addition provides us the liberty to implement our strategic imaginative and prescient.”
With a employees of 14 workers, together with 5 advisors, Bickling offers full-service wealth administration and monetary planning companies to greater than 850 shoppers and 27 pension plans in 13 states, in response to its newest ADV submitting.
“We stay up for serving to them obtain their formidable development objectives, each organically and thru expertise acquisition, scale their operations and develop the next-generation of leaders by way of packages like our Hightower Heart for Management,” mentioned Hightower CEO Bob Oros.
Hightower’s mannequin is based on shopping for impartial, growth-oriented companies and offering them with the means to facilitate that development in a large variRIAs are getting loads of deal-making executed in February. Mariner Wealth Advisors, Hightower, Focus Monetary’s Buckingham Strategic Wealth, Sanctuary’s Alluvial Non-public Wealth, Kestra’s Grove Level and Ashton Thomas Non-public Wealth all introduced acquisitions this week, in offers value greater than $1.4 billion in cumulative shopper belongings.
In the meantime Savant and Wealthspire each added expertise in newly created roles to facilitate development, Methods Wealth Advisors has a brand new title, and NAPFA named Kathryn Dattomo as its new CEO.
Mariner Wealth Advisors Acquires Arizona Tax Observe
Associated: Non-public Wealth Administration Provides $1B U.S. Financial institution Expats
Mariner Wealth Advisors introduced its first acquisition of 2023—the Arizona-based tax apply Hopkins Tameron Hostal.
Joe Tameron and David Hopkins based the agency in 2017. They beforehand labored collectively on the nationwide CPA agency CliftonLarsonAllen and launched Hopkins with the intention of offering shoppers with extra personalised companies. Their workforce of 10 gives tax, consulting and wealth administration companies to professionals in industries akin to development, actual property, manufacturing, hospitality and expertise. In 2022, Hopkins additionally accomplished 1,500 returns for company and particular person shoppers.
Associated: Sequoia Monetary to Purchase $5B Zeke Capital
The mixing of Hopkins’ companies aligns with Mariner’s objective to offer shoppers with “a full catalog of options in-house,” in response to Wednesday’s announcement
“It has at all times been our imaginative and prescient to offer our shoppers with nationwide agency expertise and information, whereas nonetheless providing the individualized and private consideration they deserve,” Hopkins mentioned in an announcement. “Becoming a member of Mariner Wealth Advisors will speed up our mission of turning imaginative and prescient into worth for our shoppers, and we’re excited to broaden the scope of companies we’re capable of present with the agency’s assist.”
“Hopkins and Tameron have demonstrated admirable success of their operations on each a nationwide and impartial scale,” Mariner CEO Marty Bicknell mentioned in an announcement. “I stay up for seeing this success translate into the workforce’s work with our advisors and shoppers within the better Scottsdale and Phoenix space, in addition to nationwide.”
The deal is considerably uncommon for Mariner—which has an aggressive M&A technique primarily focusing on registered funding advisors—however isn’t the primary in its historical past. The agency has accomplished six such acquisitions and three lift-outs, together with two 2019 acquisitions that established tax associates in Los Angeles and New Jersey.
The agency has grown to 84 areas nationwide since its 2006 launch and is now working to offer shoppers with a “seamless” wealth administration expertise, together with entry to tax, belief, insurance coverage and property specialists.
The transaction closed Jan. 31, 2023, and Hopkins’ Scottsdale workplace formally joined the Mariner model on Thursday. Following integration, the Hopkins workforce will stay of their Scottsdale workplace and supply assist for Mariner’s Scottsdale and Phoenix areas.
Launched with simply $300 million in shopper belongings lower than 20 years in the past, Mariner and its associates now advise on greater than $105 billion in belongings.
Hightower Buys $625M Bickling Monetary Companies
Hightower introduced the acquisition of Bickling Monetary Companies, a Lexington, Mass.-based registered funding advisor with roughly $625 million in belongings underneath administration and three places of work throughout the state.
Bickling is a family-owned enterprise based in 1984 by Dorothy Bickling, one of many first 600 folks—and one of many first ladies—to earn the Licensed Monetary Planner designation. Sons Spencer and Andrew Betts joined the agency in 2000 and 2007, respectively, serving to to transition Bickling to an SEC-registered agency in 2015. They at present work as co-managing principals and have aimed to institutionalize the enterprise.
“As a agency, we have now skilled great development over the previous few years,” Spencer Betts mentioned in an announcement. “To proceed reaching our development objectives, we knew we would have liked a strategic companion that might assist us scale the enterprise and put money into its future.”
“We see this as the subsequent evolution of our enterprise,” added Andrew Betts. “We knew we wished a agency that might add sources and experience, but in addition provides us the liberty to implement our strategic imaginative and prescient.”
With a employees of 14 workers, together with 5 advisors, Bickling offers full-service wealth administration and monetary planning companies to greater than 850 shoppers and 27 pension plans in 13 states, in response to its newest ADV submitting.
“We stay up for serving to them obtain their formidable development objectives, each organically and thru expertise acquisition, scale their operations and develop the next-generation of leaders by way of packages like our Hightower Heart for Management,” mentioned Hightower CEO Bob Oros.
Hightower’s mannequin is based on shopping for impartial, growth-oriented companies and offering them with the means to facilitate that development in a large vari
