SageView Advisory acquires $1.8 billion Michigan RIA
The purchase of Bloomfield Hills Financial brings SageView 50 employees and six locations.
SageView Advisory Group, a Newport Beach, California-based registered investment adviser and retirement plan adviser managing $133.7 billion, has acquired Michigan-based Bloomfield Hills Financial, an RIA firm managing $1.8 billion.
Bloomfield is led by Kevin VanDyke, who will join SageView as managing director.
In total, the acquisition brings SageView 50 employees in six locations, including two in Michigan, and one each in California, Colorado, Massachusetts, and Texas.
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