Wealthspire (NFP) Acquires Judith Heft & Associates

Wealthspire Advisors Acquires Heron Wealth

March 23, 2023

Financial Services

Wealthspire Advisors LLC, an NFP company, signed an agreement to acquire Heron Financial Group, LLC (dba Heron Wealth), a New York City-based wealth advisory firm managing approximately $300 million in client assets. The acquisition expands Wealthspire's presence in the Northeast and adds Heron's team and capabilities in financial planning, investment advice, and estate planning; the deal was expected to close in early Q2 2023 subject to customary approvals.

Wealthspire Advisors Acquires Sage Financial Advisors

November 29, 2022

Wealth Management

Wealthspire Advisors LLC (an NFP company) signed an agreement to acquire Sage Financial Advisors, Inc., a Nevada-based registered investment advisor that manages approximately $194 million in assets and maintains an office in Reno. The deal expands Wealthspire’s presence in the western U.S.; the transaction is expected to close in Q4 2022, subject to customary approvals.

Wealthspire Advisors Acquires Private Ocean

November 22, 2021

Financial Services

Wealthspire Advisors, an NFP company and independent registered investment adviser, signed a definitive agreement to acquire Private Ocean, LLC, a fiduciary wealth management firm with $2.7 billion in assets under management based in San Rafael, California (with offices in San Francisco and Seattle). The deal, which is expected to close in Q4 2021, expands Wealthspire's West Coast presence and contributes to its growing national RIA platform.

Wealthspire Advisors Acquires Walden Wealth Partners

May 18, 2024

Wealth Management

Wealthspire Advisors, an independent registered investment advisor, has entered an agreement to acquire Walden Wealth Partners, a registered investment advisor firm in the Cleveland metro area (Beachwood, Ohio). The deal adds roughly $420 million in assets under management and expands Wealthspire’s presence in the Midwest by adding a location in the Cleveland metro area.

Focus Financial Partners to Acquire Strategic Wealth Partners Group for Kovitz Hub

April 2, 2024

Financial Services

Focus Financial Partners has entered into a definitive agreement for its partner firm Strategic Wealth Partners Group, LLC (SWP) to formally join the Focus “hub” firm Kovitz Investment Group Partners, LLC. The transaction is expected to close in Q2 2024 subject to customary closing conditions, creating a combined firm expected to manage over $14.5 billion in regulatory assets under management.

Informed Family Financial Services Acquires Strategic Wealth Advisory

July 12, 2022

Wealth Management

Informed Family Financial Services, a Norristown-based wealth management firm, has acquired Strategic Wealth Advisory and will merge the practices under the Informed Family Financial Services brand. The deal brings two staff members and two offices (in Reading and the Lehigh Valley) into Informed Family's platform, and Strategic Wealth Advisory's president Earl D. Schultz and advisor Shannon LaRosse join the expanded team.