On October 16, 2024, Beacon Pointe Advisors announced that it acquired Landmark Wealth Management Group.
Beacon Pointe Advisors (“Beacon Pointe”) announced on October 16, 2024, that it had acquired Landmark Wealth Management Group (“Landmark”) in a transaction that closed on October 15, 2024. John Underwood, Landmark’s CFO and COO will join Beacon Pointe as managing director. Further terms of the transaction were not disclosed.
Beacon Pointe, based in Newport Beach, California, is a registered investment adviser offering its services to institutions, individuals, and families. As of October 2024, Beacon Pointe had approximately $28 billion in assets under management.
Landmark, based in Lake Elmo, Minnesota, is a registered investment advisor providing wealth management services, including financial and investment planning, estate planning, tax strategy, and insurance services. Landmark had $1 billion in assets under management.
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