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Wednesday, Apr 15, 2026

Beacon Pointe Reorganizes on Abry Investment

Newport Beach-based Beacon Pointe Financial Advisors reorganized and recapitalized with a minority investment from Abry Partners.

Beacon Pointe also bought Winter Park‐Orlando, Fla.-based Ferrell Wealth Management Inc., adding more than $460 million of assets under management.

Financial terms of the transactions weren’t disclosed.

Beacon Pointe Advisors LLC and Beacon Pointe Wealth Advisors LLC formally merged into a single registered investment advisor called Beacon Pointe Advisors.

Abry’s investment will provide capital for Beacon Pointe to continue making acquisitions and improve its marketing, investment research and technology.

Founded in 2002 by Shannon Eusey, who won a 2017 Business Journal Women in Business Award, Beacon Pointe is one of the nation’s largest RIAs with more than $11 billion in assets under management, 15 offices and over 150 employees throughout the U.S.

Boston-based Abry, founded in 1989, has completed more than $82 billion of leveraged transactions and other private equity placements. It has more than $5 billion in capital across its active funds.

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Peter J. Brennan
Peter J. Brennan
With four decades of experience in journalism, Peter J. Brennan has built a career that spans diverse news topics and global coverage. From reporting on wars, narcotics trafficking, and natural disasters to analyzing business and financial markets, Peter’s work reflects a commitment to impactful storytelling. Peter’s association with the Orange County Business Journal began in 1997, where he worked until 2000 before moving to Bloomberg News. During his 15 years at Bloomberg, his reporting often influenced financial markets, with headlines and articles moving the market caps of major companies by hundreds of millions of dollars. In 2017, Peter returned to the Orange County Business Journal as Financial Editor, bringing his heavy business industry expertise. Over the years, he advanced to Executive Editor and, in 2024, was named Editor-in-Chief. Peter’s work has been featured in prestigious publications such as The New York Times and The Washington Post, and he has appeared on CNN, CBC, BBC, and Bloomberg TV. A Kiplinger Fellowship recipient at The Ohio State University, he leads the Business Journal with a dedication to uncovering stories that matter and shaping the local business community and beyond.

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