On February 19, 2019, The Mather Group, LLC announced that it had acquired Astraeus Advisers.
Terms of the deal were not disclosed. Concurrently with the closing, The Mather Group, LLC (“TMG”) launched TMG Family Office, which provides affluent and ultra-affluent families with a variety of wealth management services including legacy planning, investment advising, and financial planning and has more than $5 billion in collective assets under advisement.
Astraeus Advisers, based in Illinois, is a multi-family office that has over $1 billion in assets under management.
TMG, headquartered in Chicago, is a fee-only wealth management firm that has over $7 billion in assets under advisement. TMG was advised in its acquisition by Park Sutton Advisors, LLC.
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