On November 12, 2021, Savant Wealth Management announced that it acquired Filbrandt Wealth Management.
Under the terms of the transaction, Savant Wealth Management (“Savant”) acquired Filbrandt Wealth Management (“Filbrandt”). The deal, subject to customary closing conditions, was expected to close on November 30, 2021. Further terms of the deal were not disclosed.
Savant, based in Rockford, Illinois, is a fee-only wealth management firm providing investment management, retirement planning and financial planning, tax preparation and accounting services. Savant currently has approximately $12 billion in assets under management.
Filbrandt, based in Madison, Wisconsin, is an registered investment adviser that works exclusively with university leaders and their families to accomplish financial independence in retirement. Filbrandt has approximately $1.8 billion in assets under advisement.
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