Savant Wealth Management Acquires Kemp Financial Management and BDK Financial Services
September 30, 2024
Savant Wealth Management acquired two fee-only RIAs: Kemp Financial Management of Fullerton, California (approximately $255.2M AUM) and BDK Financial Services of Brighton, Michigan (approximately $52.4M AUM). Both deals closed Sept. 30; the former's founder Robert Kemp and BDK owner Donald G. Wylin joined Savant as member-owners as Savant continues inorganic growth and expands its geographic footprint.
- Buyers
- Savant Wealth Management
- Targets
- Kemp Financial Management, BDK Financial Services
- Sellers
- Robert Kemp (Kemp Financial Management), Donald G. Wylin (BDK Financial Services)
- Industry
- Wealth Management
- Location
- United States
- Transaction Type
- Addon
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