IM Deals Blog

SageView Acquires kPlans

Written by admin | Jul 06, 2022

On June 8, 2022, SageView Advisory Group announced that it had acquired kPlans Investment Services Inc.

Under the terms of the transaction, SageView Advisory Group (“SageView”) has acquired kPlans Investment Services Inc. (“kPlans”). Steve Sansone, founder of kPlans, will serve as a managing director at SageView. Further terms of the deal were not disclosed.

SageView, based in Newport Beach, California, is a Registered Investment Advisor offering retirement and wealth management services to individuals and families. SageView has approximately $170 billion in retirement assets and $4 billion in advisory assets under management.

kPlans, based in Valencia, California, offers wealth management and retirement plan consulting services. kPlans has approximately $825 million in assets under advisement.

To read the press release: please click here.