Beacon Pointe Advisors, a Newport Beach, California-based RIA firm managing $23.7 billion, has acquired Duncan Financial, which manages $300 million in Carlsbad, California, and Goldstein Group, which manages $250 million in Indianapolis, Indiana.
Terms of the acquisition were not disclosed.
The Duncan team is led by Charles Duncan, who will become a partner and managing director at Beacon Pointe. Joining him in the move are his brother, adviser Paul Duncan, and Jeffrey Mantoani, Inez Conger and Jennifer Mintle.
Helen Goldstein, her firm’s founder and president also will become a Beacon Pointe partner and managing director. She joins with staff members Stephanie Ashley and Kelly Sather.
With over 600 clients, the $71 billion RIA acquirer's latest partner marks its second transaction in Oklahoma.
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