WPCG | Jotup

Wealth Partners Capital Group and HGGC Establish Strategic Partnership With True North Advisors

Retrieved on:

Wednesday, January 24, 2024

Finance, Consulting, Banking, Professional Services, Other Professional Services, Alston & Bird, LLP, Multimedia, Partnership, Kirkland & Ellis, RIAS, HGGC, Investment, Creativity, Mark Scott, WPCG, Growth

True North Advisors, LLC (“True North”), a Texas-based registered investment adviser (“RIA”), today announced it has entered into a strategic partnership with Wealth Partners Capital Group (“WPCG”), a financial services holding company, and HGGC, a firm focused on partnership investing.

Key Points:

True North Advisors, LLC (“True North”), a Texas-based registered investment adviser (“RIA”), today announced it has entered into a strategic partnership with Wealth Partners Capital Group (“WPCG”), a financial services holding company, and HGGC, a firm focused on partnership investing.
WPCG and HGGC have made a minority equity investment in True North to help accelerate True North’s growth via targeted acquisitions.
The management team of True North remain majority shareholders and will continue to control the decision-making and operations of the firm.
Alston & Bird and Kirkland & Ellis LLP served as legal counsel to True North and the new investor group, respectively.

EP Wealth Advisors® Adds Prolific Deal Maker Kyle Miller as Head of M&A, Boosts Berkshire to CAO and Bolsters Project Management Capabilities

Retrieved on:

Thursday, November 9, 2023

EP, Miller and WPCG will work together as the firm continues its strategic acquisition approach.

Key Points:

EP, Miller and WPCG will work together as the firm continues its strategic acquisition approach.
During his time at Acrisure, he was the deal lead on over 165 acquisitions that led to massive expansion of the firm and their enterprise value.
“Along with their consistently market-leading organic growth success, I was instantly drawn to the people and the culture at EP,” said Miller.
Project Management veteran Shelly Wright recently joined the firm as Director of the Project Management Office.

Merit Financial Advisors Partners with ClearBridge Wealth Management to Expand Presence in Atlanta

Retrieved on:

Wednesday, December 6, 2023

Acquisition, ClearBridge Investments, Partner, WPCG, HGGC, Partnership, CPA, Management, Merit

ATLANTA, Dec. 6, 2023 /PRNewswire/ -- Merit Financial Advisors ("Merit"), a Georgia-based financial advisory firm that specializes in financial planning and wealth management solutions for high-net-worth individuals and families and those navigating life transitions, announced today it has acquired ClearBridge Wealth Management ("ClearBridge").

Key Points:

ATLANTA, Dec. 6, 2023 /PRNewswire/ -- Merit Financial Advisors ("Merit"), a Georgia-based financial advisory firm that specializes in financial planning and wealth management solutions for high-net-worth individuals and families and those navigating life transitions, announced today it has acquired ClearBridge Wealth Management ("ClearBridge").
The firm, based in Atlanta, Georgia, will expand Merit's existing presence in the region and increase assets by $300 million.
Founded by Preston Byers, CPA, CFP®, ClearBridge specializes in investment management and business and financial planning for individuals, families, and business owners.
"We are thrilled to welcome Preston and his team to Merit," said Kirk Wilkerson and Andy Lubben, Merit Regional Directors.

Neuberger Berman Capital Solutions Completes Capital Partnership with Merit Financial Advisors

Retrieved on:

Tuesday, October 24, 2023

Latham & Watkins, HGGC, LLP, WPCG, Entrepreneurship, Partnership, Kirkland & Ellis, NB, Management, Merit

NEW YORK, Oct. 24, 2023 /PRNewswire/ -- Neuberger Berman Capital Solutions ("NB Capital Solutions") announced today a capital partnership with Merit Financial Advisors ("Merit"), HGGC, LLC ("HGGC"), and Wealth Partners Capital Group ("WPCG").

Key Points:

NEW YORK, Oct. 24, 2023 /PRNewswire/ -- Neuberger Berman Capital Solutions ("NB Capital Solutions") announced today a capital partnership with Merit Financial Advisors ("Merit"), HGGC, LLC ("HGGC"), and Wealth Partners Capital Group ("WPCG").
NB Capital Solutions participated in the capital raise to fund a series of accretive mergers and acquisitions.
"The Merit transaction represents an opportunity for NB Capital Solutions to partner with a strong national brand and a seasoned management team with a proven ability to execute on both organic and inorganic growth strategies," said Nikhil Krishnan, Managing Director of NB Capital Solutions.
"Merit has a significant M&A pipeline, and our partnership with NB Capital Solutions provides Merit with access to additional capital to help fund and execute future acquisitions.

EP Wealth Advisors® Expands in Pennsylvania with Acquisition of Lehman & DeRafelo Financial Resources, LLC

Retrieved on:

Wednesday, April 5, 2023

Professional Services, Small Business, Insurance, Finance, Asset Management, Consulting, Accounting, Partnership, CFA, WPCG, Lehman, Philosophy, Acquisition, EP, Financial services, Media

EP Wealth Advisors, LLC (“EP Wealth”), a leading independent registered investment adviser (“RIA”) on a mission to provide clients with personalized service through integrated financial planning, investment management and tax and estate planning, has acquired Media, Pennsylvania-based Lehman & DeRafelo Financial Resources, LLC (“Lehman & DeRafelo”).

Key Points:

EP Wealth Advisors, LLC (“EP Wealth”), a leading independent registered investment adviser (“RIA”) on a mission to provide clients with personalized service through integrated financial planning, investment management and tax and estate planning, has acquired Media, Pennsylvania-based Lehman & DeRafelo Financial Resources, LLC (“Lehman & DeRafelo”).
Lehman & DeRafelo provides multifaceted financial planning and investment management services with a focus on high-net-worth clients.
Firm principals Rich DeRafelo and Ron Lehman will each assume the role of Regional Director, while Jeff Lehman will become a Senior Wealth Advisor.
EP Wealth is proud to welcome them to our team.”
“We’re excited about the additional resources and capabilities that our firm and clients will now enjoy thanks to joining EP Wealth,” added Lehman and DeRafelo.

EP Wealth Advisors® Continues East Coast Expansion Through Partnership with Maine-Based Cribstone Capital

Retrieved on:

Wednesday, January 4, 2023

Asset Management, Professional Services, Finance, Region, Partnership, CFA, Bailey Island Bridge, Upham, EP, Acquisition, Growth, WPCG, AUM, Management

Cribstone is led by Scott Upham and Jeff Burch, who both now serve as Regional Director/Partner for EP Wealth, along with Amyn Moolji, who becomes a Managing Director on EP Wealth’s Portfolio Strategy team.

Key Points:

Cribstone is led by Scott Upham and Jeff Burch, who both now serve as Regional Director/Partner for EP Wealth, along with Amyn Moolji, who becomes a Managing Director on EP Wealth’s Portfolio Strategy team.
“Cribstone has been built on a foundation similar to EP Wealth and is focused on delivering personal, purposeful plans across the client spectrum,” said Patrick Goshtigian, CFA, CEO of EP Wealth.
The acquisition of Cribstone adds over $357 million in AUM and brings EP Wealth’s total employee base to nearly 330.
“EP’s acquisition of Cribstone strengthens its presence in the Northeast, exemplifying EP’s thoughtful and tactical growth strategy throughout the years.”

Waverly Advisors Completes Fourth Merger in 2022 with Acquisition of Sandifer Wealth Management

Retrieved on:

Monday, December 12, 2022

Small Business, Accounting, Professional Services, Finance, WPCG, Aptitude, AL, Partnership, RIAS, Family, HGGC, Investment, RIA, Growth, Philosophy, SWM, Acquisition, Financial adviser, Risk management

Waverly Advisors (Waverly), a registered investment advisor (RIA) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has acquired Sandifer Wealth Management (SWM), a Mobile, AL, fee-only RIA.

Key Points:

Waverly Advisors (Waverly), a registered investment advisor (RIA) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has acquired Sandifer Wealth Management (SWM), a Mobile, AL, fee-only RIA.
Waverly will remain focused on growth through M&A in 2023, offering partnership solutions to both CPA-affiliated wealth management firms and stand-alone RIAs.
The acquisition of SWM closed on December 9, 2022 and will increase Waverlys assets under management by approximately $200 million.
After the conversion of assets from SWM, Waverly expects to have in excess of $5.6 billion in assets under management.

Waverly Advisors Acquires Wall Advisors

Retrieved on:

Monday, December 5, 2022

Other Professional Services, Professional Services, Finance, WPCG, Adviser, CPA, Partnership, RIAS, HGGC, Investment, RIA, Growth, Orientation, Acquisition, Financial adviser, Financial services

Waverly Advisors, LLC (Waverly), a registered investment advisor (RIA) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has acquired Wall Advisors, Inc. (Wall Advisors).

Key Points:

Waverly Advisors, LLC (Waverly), a registered investment advisor (RIA) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has acquired Wall Advisors, Inc. (Wall Advisors).
Wall Advisors client centric team of four will join Waverly, with Lee Wall assuming the role of Regional Director.
We are thrilled to welcome the talented Wall Advisors team to Waverly, as we look forward to continued growth in 2023.
This partnership benefits Wall Advisors and our ability to provide even better client service, and also contributes greatly to Waverly with the addition of talented team members, said Lee Wall.

EP Wealth Advisors® Acquires Warren Financial Services & Associates

Retrieved on:

Thursday, December 1, 2022

EP Wealth Advisors, LLC (EP Wealth), a leading independent registered investment adviser (RIA) on a mission to provide clients with personalized service through integrated financial planning, investment management and tax and estate planning, has partnered with Warren Financial Services & Associates (Warren Financial).

Key Points:

EP Wealth Advisors, LLC (EP Wealth), a leading independent registered investment adviser (RIA) on a mission to provide clients with personalized service through integrated financial planning, investment management and tax and estate planning, has partnered with Warren Financial Services & Associates (Warren Financial).
Warren Financial provides purpose-driven and comprehensive financial planning and investment management services for high-net-worth individuals and families, business owners and entrepreneurs.
The firm is led by founder and Chief Compliance Officer Randall Warren, who will assume the role of Senior Vice President/Partner at EP Wealth.
Wealth Partners Capital Group ("WPCG") is a financial services holding company, which invests in and partners with select leading wealth management firms.

Merit Financial Advisors Partners with Triad Financial Strategies to Establish Presence in Seattle

Retrieved on:

Tuesday, October 4, 2022

ATLANTA, Oct. 4, 2022 /PRNewswire/ -- Merit Financial Advisors ("Merit"), a Georgia-based financial advisory firm that specializes in financial planning and wealth management solutions for high-net-worth individuals and families and those navigating life transitions, announced today it has entered into a strategic partnership with Triad Financial Strategies ("Triad"), adding two new offices and establishing Merit's presence in the greater-Seattle area. The merger increases Merit's total assets by approximately $683 million.

Key Points:

Founded by Tait Lane, Triad has offices in Issaquah and Tacoma, Washington, and specializes in financial planning and wealth management.
"We are thrilled to welcome the Triad team to Merit," said Kay Lynn Mayhue, Merit Financial Advisors President.
Merit Financial Group, LLC, doing business as Merit Financial Advisors ("Merit"), is a national wealth management firm that supports both the independent broker-dealer and RIA models.
Merit Financial Group, LLC, Merit, Merit Financial Advisors are separate entities from LPL Financial.