Beacon Pointe Partners with Pacific Edge

January 14, 2022

On December 15, 2021, Beacon Pointe Advisors, LLC announced its partnership with Pacific Edge Advisors.

Under the terms of the transaction, Beacon Pointe Advisors, LLC (“Beacon Pointe”) partnered with Pacific Edge Advisors (“Pacific Edge”). Pacific Edge’s founders, David Emmes and Heidi Benevides, will become Partners and Managing Directors at Beacon Pointe. Two client service associates from Pacific Edge will also join Beacon Pointe. The transaction closed on December 15, 2021. Further terms of the deal were not disclosed.

Beacon Pointe, based in Newport Beach, California, is a registered investment adviser that helps clients determine investment goals, establish asset allocation guidelines, evaluate fund performance, screen investment managers for selection, and develop strategic financial plans. Beacon Pointe has approximately $20 billion in assets under advisement.

Pacific Edge, based in Newport Beach, California, provides comprehensive investment and wealth management services to ultra-high-net-worth individuals and families. Pacific Edge has approximately $678 million in assets under management.

To read the press release: please click here.


Categories

Investment Manager M&A, Transactions