Wealthspire (NFP) Acquires Judith Heft & Associates

Wealthspire Advisors Acquires Heron Wealth

March 23, 2023

Financial Services

Wealthspire Advisors LLC, an NFP company, signed an agreement to acquire Heron Financial Group, LLC (dba Heron Wealth), a New York City-based wealth advisory firm managing approximately $300 million in client assets. The acquisition expands Wealthspire's presence in the Northeast and adds Heron's team and capabilities in financial planning, investment advice, and estate planning; the deal was expected to close in early Q2 2023 subject to customary approvals.

Wealthspire Advisors Acquires Sage Financial Advisors

November 29, 2022

Wealth Management

Wealthspire Advisors LLC (an NFP company) signed an agreement to acquire Sage Financial Advisors, Inc., a Nevada-based registered investment advisor that manages approximately $194 million in assets and maintains an office in Reno. The deal expands Wealthspire’s presence in the western U.S.; the transaction is expected to close in Q4 2022, subject to customary approvals.

Wealthspire Advisors Acquires Private Ocean

November 22, 2021

Financial Services

Wealthspire Advisors, an NFP company and independent registered investment adviser, signed a definitive agreement to acquire Private Ocean, LLC, a fiduciary wealth management firm with $2.7 billion in assets under management based in San Rafael, California (with offices in San Francisco and Seattle). The deal, which is expected to close in Q4 2021, expands Wealthspire's West Coast presence and contributes to its growing national RIA platform.

Informed Family Financial Services Acquires Strategic Wealth Advisory

July 12, 2022

Wealth Management

Informed Family Financial Services, a Norristown-based wealth management firm, has acquired Strategic Wealth Advisory and will merge the practices under the Informed Family Financial Services brand. The deal brings two staff members and two offices (in Reading and the Lehigh Valley) into Informed Family's platform, and Strategic Wealth Advisory's president Earl D. Schultz and advisor Shannon LaRosse join the expanded team.

NFP Acquires Hafetz & Associates, LLC

June 16, 2023

Insurance

NFP has acquired Hafetz & Associates, LLC, a Linwood, New Jersey-based general agent specializing in group benefits, Medicare and individual health products; the deal closed on June 16. Scott Hafetz will join NFP and report to Kate Henry as the acquisition expands NFP's health benefits capabilities and presence in the Northeast.

WealthPlan Partners Acquires EFS Wealth Management Group

September 27, 2024

Financial Services

WealthPlan Partners, a national Registered Investment Adviser based in Omaha, acquired EFS Wealth Management Group, a Sioux City/Sioux Falls-based wealth management firm that manages approximately $360 million in client assets. EFS founder Marc Geels will join WealthPlan as Head of Private Wealth Management to build the firm's ultra-high-net-worth capability as WealthPlan expands its Midwest presence.