Beacon Pointe buys $1 billion Denver RIA

Beacon Pointe buys $1 billion Denver RIA
Northstar Investment Advisors is latest acquisition by Newport Beach, California-based Beacon Pointe.
AUG 17, 2021

Beacon Pointe Advisors, a Newport Beach, California-based registered investment adviser with $20 billion in assets under advisement, has acquired Northstar Investment Advisors, a Denver-based RIA overseeing $1 billion.

The leadership team at Northstar — Fred Taylor and Bob Van Wetter, who co-founded the firm in 1995, and Charlie Farrell — will become partners and managing directors at Beacon Pointe Advisors.

Terms of the transaction were not disclosed.

Bridging the gap between stocks and bonds

Latest News

Envestnet taps Atria alum Sean Meighan to sharpen RIA focus
Envestnet taps Atria alum Sean Meighan to sharpen RIA focus

The fintech giant is doubling down on its strategy to reach independent advisors through a newly created leadership role.

LPL, Evercore welcome West Coast breakaways
LPL, Evercore welcome West Coast breakaways

The two firms are strengthening their presence in California with advisor teams from RBC and Silicon Valley Bank.

Supreme Court slaps down brokerage's appeal vs. FINRA expulsion case
Supreme Court slaps down brokerage's appeal vs. FINRA expulsion case

The high court's decision rebuffing Alpine Securities marks a setback for a broader challenge to Wall Street's reliance on self-regulatory organizations.

RIA moves: Arax extends Midwestern reach, Steward Partners debuts in Arizona
RIA moves: Arax extends Midwestern reach, Steward Partners debuts in Arizona

Arax acquires a boutique firm's $4 billion RIA business in Michigan as Steward Partners continues its Southwestern expansion.

In this hi-tech world of finance, JPMorgan has an old school strategy to woo HNWs
In this hi-tech world of finance, JPMorgan has an old school strategy to woo HNWs

Wealth management is a key focus for a new service tier.

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave

SPONSORED The evolution of private credit

From direct lending to asset-based finance to commercial real estate debt.