Beacon Pointe Acquires ACT Wealth Management
Beacon Pointe Advisors (“Beacon Pointe”) announced, on November 3, 2026, its acquisition of ACT Wealth Management (“ACT”). The transaction closed on October 31, 2026. Further terms of the deal were not disclosed.
Beacon Pointe, based in Newport Beach, California, is a registered investment advisor providing wealth management, institutional consulting, and retirement services. Following the transaction, Beacon Pointe has approximately $71 billion in assets under advisement.
ACT, based in Allen, Texas, is a registered investment advisor specializing in retirement and distribution planning for airline pilots, crew members, and their families. ACT has approximately $637 million in assets under management.
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