BT Wealth Management Acquires Excelsia Investment Advisors

July 24, 2015

On July 8, 2015, independent registered investment advisor BT Wealth Management LLC announced that it acquired Excelsia Investment Advisors.


BT Wealth Management LLC (“BT”) is an affiliate of Atlanta-based certified public accounting and consulting firm Bennett Thrasher LLP. Founded in 2008, BT provides fee-only wealth management services to high-net-worth individuals and families. 

Excelsia Investment Advisors (“Excelsia”), based in Savannah, Georgia, serves high-net-worth individuals, retirees and business owners in the Southeast.  Its current president, Cliff Draughn, will continue to manage the Savannah office of BT.

With the addition of Excelsia, BT will have more than $350 million in assets under management. The acquisition was effective as of July 1, 2015. The financial terms of the transaction were not disclosed.

To read the press release, please click here.


Categories

Investment Manager M&A, Transactions