Savant Wealth Management Acquires Source Financial Advisors
December 16, 2024
Savant Wealth Management, a Rockford, Illinois-based fee-only RIA, has acquired New York boutique RIA Source Financial Advisors, which manages $536 million in assets. The deal closed on December 9, 2024 (terms undisclosed); Source founder Michelle Smith and several team members joined Savant as advisors and staff as part of the transition.
- Buyers
- Savant Wealth Management
- Targets
- Source Financial Advisors
- Industry
- Financial Services
- Location
- New York, United States
- Transaction Type
- Buyout
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