Beacon Pointe Advisors, a Newport Beach, California-based registered investment adviser managing more than $12 billion, has acquired Stonegate Capital Advisors, an RIA managing $430 million in Scottsdale, Arizona.
Stonegate Capital Advisors will merge with Beacon Pointe’s existing Scottsdale office while maintaining a second location in the southern area of the Scottsdale region.
Jameson Van Houten, Stonegate’s sole principal, who founded the firm in 2002, has become the sixth partner in the Scottsdale office. Five team members join him in making the move.
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