Pure Financial Advisors Acquires Fairhaven Wealth Management

Waverly Advisors Acquires Fiduciary Wealth Advisors

April 4, 2025

Financial Services

Waverly Advisors, a PE-backed RIA based in Birmingham, Alabama, has acquired Fiduciary Wealth Advisors (FWA), a Sarasota, Florida-based wealth management firm founded by Scott Collins. The deal closed April 4, 2025 and adds approximately $110 million of AUM while expanding Waverly's presence in Southwest Florida.

Pure Financial Advisors Acquires Personal Investment Management, Inc.

March 14, 2025

Financial Services

Pure Financial Advisors, LLC (PE-backed RIA) has acquired Personal Investment Management, Inc. (PIM), a Seattle-area financial advisory firm with roughly $567 million in regulatory AUM. The deal, which closed March 14, 2025, expands Pure's presence in the Pacific Northwest and integrates PIM's advisory team and clients into Pure's Seattle / Mercer Island operations.

MAI Capital Management Acquires Halpern Financial

October 7, 2024

Wealth Management

MAI Capital Management has acquired Halpern Financial, a fee-only RIA with approximately $1.2 billion in client AUM and offices in Ashburn, Virginia and Rockville, Maryland (with a presence in Naples, Florida). Terms were not disclosed; Halpern's founder Ted Halpern will become a regional president and the firm will adopt MAI's branding and internal infrastructure to support growth and expand MAI's regional footprint.

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.

Pure Financial Acquires Kaufman Kampe Advisors LLC

November 15, 2021

Wealth Management

Pure Financial Advisors has agreed to acquire Seattle-area RIA Kaufman Kampe Advisors LLC. The deal expands Pure Financial’s presence in the Pacific Northwest; Kaufman Kampe founders Lori Kaufman and Valerie Kampe will join Pure Financial and continue serving their clients. Pure Financial is PE-backed following an investment from Lee Equity Partners and is also backed by Emigrant Partners.

Lee Equity Partners Invests in Pure Financial Advisors

September 1, 2021

Financial Services

Funds managed by Lee Equity Partners will acquire a minority stake in Pure Financial Advisors, a San Diego-based Registered Investment Advisor with roughly $3.6 billion in AUM. Management and existing investor Emigrant Partners will remain significant shareholders; the capital will be used to hire more CFPs, invest in IT and marketing, and pursue strategic acquisitions to scale the business. Financial terms were not disclosed; the transaction was expected to close in Q3 2021.