CHICAGO–(BUSINESS THREAD)–The Mather Group, LLC (TMG), a wealth management firm with 12 offices nationwide and more than $8 billion in assets under management (AUM, as of 7/31/22), has announced its acquisition of HC Financial Advisors Inc. (HC), a registered investment advisory (RIA) firm based in Lafayette, CA.
HC was founded in 1986 and has approximately $478 million in AUM as of 7/31/22. Its three directors (Stephen Biggs, Andy Byron and Karla McAvoy) and the entire HC team joined TMG as part of the transition. Biggs and McAvoy have led HC since 2008, while Byron joined in 2011. “We and the rest of our team are very excited to be part of TMG,” said Byron. “Being aligned philosophically, in terms of how we serve customers, manage investments and foster a strong employee culture, gives us great confidence that this is a win-win partnership for everyone involved. The support and The support provided by TMG to date has exceeded our expectations and we look forward to our future together.”
This is TMG’s third acquisition in August, as the company announced partnerships with Seiffert Ltd. and Semita Asset Management last week. The firm anticipates more partnerships before the end of the year and hopes to continue its steady pace of partnering with like-minded firms in the future, furthering its goal of being a national one-stop shop for wealth management. The HC partnership adds a second Bay Area office to the firm’s growing footprint.
“We have a robust, repeatable process that helps us manage integrations, and we’re constantly refining and improving it as we scale. It’s a collaborative effort,” said TMG CEO Chris Behrens. “Welcoming new partners and clients to the TMG family is primarily based on the opportunity to provide expanded services, such as tax preparation and estate planning guidance, that help enhance the client experience. Also we can provide advanced technology and career opportunities that are beneficial to employees in terms of their day jobs and their long-term aspirations.”
The firm offers a wide range of in-house services, including financial planning, tax advice and preparation, portfolio management, concentrated stock management, risk assessment and wealth planning guidance. Investment recommendations are not tied to commissions. Clients pay for the firm’s experienced advice with just a fee, usually as a percentage of assets under management. This approach helps align the interests of the company with the customer.
ABOUT TMG
Headquartered in Chicago with offices in Atlanta, Austin, Dallas, Houston, Knoxville, Morristown (NJ), Nashville Area, San Francisco Bay Area, Seattle Area, Spring (TX) and Washington, DC Area, TMG is a commission-only fiduciary . company that primarily serves high net worth individuals. TMG professionals aim to simplify clients’ lives by offering a complete suite of services under one roof. TMG is a federally registered investment adviser under the Investment Advisers Act of 1940, as amended, providing discretionary and non-discretionary investment advice to clients. Visit us at www.themothergroup.com.
[ad_2]
Source link
