Buckingham acquires WealthQuest
Norfolk, Va.-based RIA manages $600 million.
St. Louis-based Buckingham Strategic Wealth has acquired WealthQuest Financial Services of Norfolk, Va., a registered investment adviser managing approximately $600 million in assets.
Last month, Buckingham, which manages or administers more than $12.6 billion in assets, acquired Stevens Wealth Management, a Deerfield, Ill.-based registered investment adviser with approximately $350 million in assets under management.
Terms of the WealthQuest acquisition were not announced. Focus Financial owns at least a 75% stake in Buckingham Strategic Wealth, according to the firm’s latest filings with the Securities and Exchange Commission.
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