Wealthcare Capital Management Acquires Eagle Financial Management Services

Sammons Financial Group Acquires Wealthcare Capital Management from NewSpring Holdings

August 6, 2025

Financial Services

Sammons Financial Group has acquired Wealthcare Capital Management from NewSpring Holdings in a transaction announced in mid‑2025. Wealthcare, an advisor‑focused RIA that recently surpassed $9 billion in AUM and supports ~191 advisors across 29 states, will join Sammons to expand the buyer’s wealth management and advisor‑support capabilities.

Wealthcare Acquires Fellows Financial Group

September 9, 2022

Financial Services

Wealthcare Capital Management LLC, a NewSpring Holdings platform company, acquired Fellows Financial Group, an independent financial advisory firm based in Leesburg, Virginia. The acquisition expands Wealthcare's presence in the direct advisory channel, adds employee advisors and clients, and provides a succession plan for Fellows Financial's founder while deepening operational alignment with Wealthcare's platform and technology.

Wealthcare Acquires Sommers Financial Management

January 12, 2023

Wealth Management

Wealthcare Advisory Partners LLC, a NewSpring Holdings platform company and technology-enabled full-service RIA, has acquired Sommers Financial Management, a fee-only registered investment advisor founded in 2002. The deal expands Wealthcare's direct advisory footprint and adds advisors located in Scappoose, Oregon and Tucson, Arizona to its network of more than 150 advisors managing roughly $5 billion in AUM.

Mercer Advisors Acquires Eagle Wealth Management and Eagle Wealth Accounting

September 2, 2025

Financial Services

Mercer Global Advisors, a Denver-based national RIA, has acquired Bend, Oregon-based Eagle Wealth Management and its Eagle Wealth Accounting tax practice. The deal brings roughly $350 million in AUM and a 10-person team into Mercer’s platform, strengthening the firm’s presence in central Oregon and expanding its tax and wealth-planning capabilities.

Wealth Enhancement Group Acquires Asset Management Resources, LLC

December 19, 2023

Financial Services

Wealth Enhancement Group, a national independent wealth management firm, has acquired Asset Management Resources, LLC, an independent RIA led by J. Christopher Boyd based in Hyannis, Massachusetts. The acquired team brings approximately $236 million in assets under management and will expand Wealth Enhancement Group's presence in Massachusetts to four offices.

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.