Newport Beach’s Beacon Pointe Advisors, the largest women-owned registered investment advisory firm in the nation, announced it has acquired The Financial Advisors LLC to expand into the New England market.
Established in 1992, The Financial Advisors has grown to $1.2 billion in assets under management and a team of 11 with specialties spanning investments, tax planning, and retirement planning. It has offices in the Massachusetts cities of Andover and Newburyport.
“The Financial Advisors team brings a depth of experience and disciplined planning strategy that truly complements our broader organization,” Beacon Pointe Chief Executive and co-founder Shannon Eusey said in a statement. “What stood out was the deliberate way they’ve built their practice, grounded in an unwavering commitment to clients and supported by a sophisticated, forward-thinking service offering.”
With this acquisition, Beacon Pointe has grown to $62 billion in total assets under advisement. It now has more than 750 employees in more than 90 offices nationwide.
Turkey Hill Management served as advisor to The Financial Advisors.
