Covenant Multifamily Offices Acquires Bridge Wealth Management

June 22, 2012

On June 21, 2012, Covenant Multifamily Offices, a San Antonio-based wealth advisory firm, announced that it had acquired Bridge Wealth Management, a privately owned wealth management firm based in Tyler, Texas.

On June 21, 2012, Covenant Multifamily Offices, LLC, a San Antonio-based wealth advisory firm, announced that it had acquired Bridge Wealth Management, LLC, a privately owned wealth management firm based in Tyler, Texas.  Bridge Wealth Management will be re-branded as Covenant Wealth Management.  As a result of the acquisition, Covenant will gain approximately $200 million in assets under management, increasing its total assets under management to approximately $1.3 billion.  Covenant currently provides advisory services for ultra high net worth individuals including wealth management, family governance, concierge and boutique planning, investment management and tax planning services. 

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Investment Manager M&A, Transactions