Savant Acquires Capital Directions

INVESTMENT MANAGEMENT DEALS BLOG

On February 23, 2023, Savant Wealth Management announced the acquisition of Capital Directions.

Under the terms of the agreement, Savant Wealth Management (“Savant”) will acquire all the assets of Capital Directions (“Capital”). The deal will see Savant add Capital’s entire team of 25 employees. Each member of Capital’s six-person ownership group will receive an equity stake in Savant. Further terms of the transaction have not been disclosed.

Savant, headquartered in Rockford, IL is a financial advisory firm that offers investment management, financial planning, and retirement services to both institutions and individuals. Savant has approximately $14 billion in assets under management as of December 31, 2022.

Capital, based in Atlanta, is a registered investment advisor serving both individual and corporate clients. Capital has approximately $3.3 billion in assets under management.

To read the press release: please click here.

The opinions expressed are those of the author(s) and do not necessarily reflect the views of the firm or its clients, or any of its or their respective affiliates. This article is for general information purposes and is not intended to be and should not be taken as legal advice.