Beacon Pointe acquires Heller Wealth Advisers and $390 million in AUM
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Heller adds metro New York footprint to Southern California-based RIA firm.
Beacon Pointe Wealth Advisors, a Newport Beach, Calif.,-based advisory firm with $9 billion in assets under management, has acquired Heller Wealth Advisors, which manages $390 million in assets.
(More: Captrust acquires two firms and $2.9 billion in AUM)
Heller is based in Summit, N.J., and serves clients in the tri-state metropolitan New York area. Jordan Heller and Donald Hertling, the firm’s principals, are joining Beacon Pointe as managing directors and partners.
In a release, Beacon said the acquisition was its largest to date.
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