On December 11, 2024, Homrich Berg Wealth Management announced its definitive agreement to acquire WMS Partners LLC.
Homrich Berg Wealth Management (“Homrich Berg”) announced, on December 11, 2024, that it has entered into a definitive agreement to acquire WMS Partners LLC (“WMS”). WMS will become part of the Homrich Berg Family Office, and all 21 WMS shareholders will become owners in Homrich Berg. Several WMS shareholders will serve in key investment and advisory leadership roles at Homrich Berg. The acquisition is expected to close early in the first quarter of 2025. Further terms of the deal were not disclosed.
Homrich Berg, based in Atlanta, is a national independent wealth management firm that provides fiduciary, fee-only investment management and financial planning services for clients, including high-net-worth individuals, families and not-for-profits. As of December 2024, Homrich Berg managed over $18 billion in client assets.
WMS, based Towson, Maryland, is a fee-only registered investment adviser for high and ultra-high-net-worth individuals and families specializing in estate planning and offering a sophisticated private investments platform. As of December 2024, WMS had approximately $6.4 billion in client assets. Ardea Partners LP is serving as financial advisor to WMS on this transaction.
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