The Mather Group, a Chicago-based registered investment adviser managing more than $8 billion, has acquired HC Financial Advisors, a Lafayette, California-based RIA managing $478 million.
Terms of the acquisition were not disclosed.
HC Financial was founded in 1986 and its three principals — Stephen Biggs, Andy Byron and Karla McAvoy — and the firm’s employees have joined The Mather Group, the firm said in a press release Wednesday.
Also, Orion has added BlackRock, Fidelity, and Vanguard to its custom portfolios suite, and RedBlack has set up a new headquarters after crossing a trillion-dollar milestone.
Also, New York-based Legacy Edge Advisors names its first-ever CEO, while Novare Capital Management hires a Vanguard veteran with a multigenerational planning focus.
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