Heffernan Financial Services Acquires Ascendant Financial Solutions

Heffernan Financial Services Acquires Osland Financial Group

November 1, 2022

Financial Services

Heffernan Financial Services acquired Osland Financial Group of Scottsdale, Arizona, effective November 1, 2022. Michael Osland and his team of four employees joined Heffernan as part of the firm's expansion in the Southwest, adding the Osland office as Heffernan's second Arizona location.

Heffernan Financial Services Acquires First Coast Wealth Advisors

January 1, 2024

Financial Services

Heffernan Financial Services (with Heffernan Insurance Brokers) has acquired First Coast Wealth Advisors, a St. Augustine, Florida-based wealth advisory firm, effective January 1, 2024; terms were not disclosed. The First Coast team, led by founder Jeff Helms, joined Heffernan to expand the firm's wealth advisory capabilities and establish a Florida presence.

Safeguard Investment Advisory Group Acquires Solutions First Financial Group

April 14, 2025

Financial Services

Safeguard Investment Advisory Group has acquired Solutions First Financial Group and opened a new office in Scottsdale, Arizona on April 1, 2025. The deal marks Safeguard's first office outside California as the firm expands its wealth management and retirement planning services into Arizona.

Battery Ventures Invests in Ascendant

January 19, 2023

Payments & Fintech

Battery Ventures has agreed to make a significant strategic investment in Ascendant (AscendantFX Capital Inc.), becoming the company's primary investor to accelerate product innovation, network expansion and growth. Ascendant, a Toronto-based cross-border payments fintech serving over 2,000 financial institutions and corporate customers, said the transaction is expected to close in H1 2023 subject to regulatory approval; Raymond James acted as Ascendant's exclusive financial advisor.

Mariner Wealth Advisors Acquires Hayes Financial, Inc.

December 7, 2022

Financial Services

Mariner Wealth Advisors will acquire San Jose-based Hayes Financial, Inc., a boutique advisory firm serving technology executives with $325 million in assets under advisement (AUA). The acquisition — which will convert Hayes Financial to the Mariner Wealth Advisors brand upon closing on Dec. 16, 2022 — expands Mariner's executive services capabilities and establishes its eleventh California office.

Heffernan Network Insurance Brokers Acquires Maffei Insurance & Financial Services

April 1, 2023

Insurance

Heffernan Network Insurance Brokers, a subsidiary of Heffernan Insurance Brokers based in Walnut Creek, California, has acquired Maffei Insurance & Financial Services, a family-owned agency headquartered in Stockton, California. Founder Don Maffei and 12 team members joined Heffernan Network effective April 1, 2023; the deal is intended to provide Maffei with greater market access and resources to expand its commercial lines while preserving the agency as an autonomous subsidiary.