On March 3, 2026, Savant Wealth Management announced that it acquired Heritage Financial Services.
Savant Wealth Management (“Savant”) announced, on March 3, 2026, that it acquired Heritage Financial Services (“Heritage”). Under the terms of the transaction, which closed on February 27, 2026, 15 of Heritage’s 47 employees have joined Savant as member-owners, including Founder and Chairman Chuck Bean, and President and CEO Sammy Azzouz. Heritage’s remaining team became Savant employees at closing. Further terms of the transaction were not disclosed.
Savant, based in Rockford, Illinois, is a fee-only registered investment advisor offering investment management, comprehensive financial planning, retirement planning, and family office solutions services to both individual and institutional clients. Savant has approximately $42.3 billion in assets under management.
Heritage, based in Westwood, Massachusetts, is a registered investment advisor offering financial planning and investment management services. Heritage has approximately $3.9 billion in assets under management. Turkey Hill Management served as advisor on the transaction.
To read the press release: please click here.