Exencial Wealth Advisors, an independent wealth management firm and fiduciary, has acquired Weinheimer Wealth Management, a boutique wealth management services firm based in Austin, Texas.
The partnership marks the firm’s third acquisition since 2020 after it acquired Willingdon Wealth Management and Shoreline Financial Advisors. Weinheimer brings with it $500 million in assets under management (AUM) and nine seasoned professionals.
“This partnership is more than a business transaction; it's a commitment to the shared mission of delivering top-notch service to our clients,” said John Burns, CEO of Exencial Wealth Advisors, in a press release. “The addition of Weinheimer to the Exencial family unites our shared values and decades of experience. We look forward to harnessing the strengths of both firms to enhance the financial well-being of our clients in Austin and beyond.”
Weinheimer targets high-net-worth individuals and small business owners, specializing in personalized, client-centric solutions, from risk management service and asset protection to exit planning for business owners.
Matt Weinheimer, CEO and founder of Weinheimer, said: “This partnership with Exencial aligns seamlessly with our commitment to delivering a personalized client experience. We believe this collaboration will further enhance our value proposition.”
Weinheimer will maintain its office in Austin.
Meanwhile, Raymond James and Tritonpoint Partners separately welcomed father-son teams, including a breakaway from UBS in Missouri.
Paul Atkins has asked staff to solicit public comment on novel ETFs, pausing the clock on as many as 24 filings linked to the booming event contracts market.
From 401(k)s to retail funds, Deloitte sees private equity and credit crossing into mainstream investing on two fronts at once.
Big-name defections from Morgan Stanley, UBS, and Merrill Lynch headline a busy two weeks of recruiting for the wirehouse.
Markets have always been unpredictable. What has changed is the amount of information investors are trying to process and the growing role advisors play in helping clients avoid emotional decisions
Wellington explores how multi strategy hedge funds may enhance diversification
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
