Savant Wealth Management Acquires FirstWave Financial

Savant Wealth Management Acquires Source Financial Advisors

December 16, 2024

Financial Services

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.

Savant Wealth Management Acquires PrairieView Partners

August 31, 2025

Wealth Management

Savant Wealth Management has acquired PrairieView Partners, a St. Paul, Minnesota-based registered investment adviser managing more than $1.2 billion in AUM. The deal, which closed August 31, 2025, brings PrairieView's leadership into Savant as member-owners and transitions 15 of PrairieView's 19 employees into Savant's wealth management division (four to Savant Tax & Consulting); financial terms were not disclosed.

Savant Wealth Management Acquires Parkworth Wealth Management

July 31, 2025

Wealth Management

Savant Wealth Management, a Rockford, Illinois–based fee-only registered investment adviser, has acquired Parkworth Wealth Management, a boutique RIA headquartered in Los Gatos, California, that manages approximately $216 million in AUM. The deal closed July 31, 2025; Parkworth principals and staff joined Savant to expand the firm's California presence and deepen its specialization serving technology professionals.

Savant Wealth Management Acquires Gryphon Advisors

September 30, 2025

Financial Services

Savant Wealth Management, a fee-only RIA headquartered in Rockford, Illinois, acquired Evanston-based Gryphon Advisors, a fee-only RIA with approximately $557 million in AUM. The deal closed Sept. 30, 2025; Gryphon’s seven employees transitioned to Savant, and the firm’s three principals joined as member-owners, expanding Savant’s Chicagoland presence and adding tax capabilities.

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.

Savant Wealth Management Acquires Domani Wealth

May 10, 2023

Financial Services

Savant Wealth Management has acquired Domani Wealth, a Lancaster, Pennsylvania-based RIA with $1.53 billion in AUM and 23 employees. The deal expands Savant's footprint in the Mid-Atlantic to 32 offices across 11 states and raises its combined AUM to $19.5 billion.