On August 5, 2025, Savant Wealth Management announced its acquisition of Parkworth Wealth Management.
Savant Wealth Management (“Savant”) announced, on August 5, 2025, its acquisition of Parkworth Wealth Management (“Parkworth”). Upon closing, which occurred on July 31, 2025, Parkworth’s Principal and Wealth Manager, Bruce Barton, and Wealth Managers Michal A. Zyla, and Max Gonda all joined Savant as member-owners. Further terms of the deal were not disclosed. M&A advisory firm Alaris Acquisitions facilitated the transaction between Parkworth and Savant.
Savant, based in Rockford, Illinois, is an independent registered investment advisor, offering investment management, financial planning, retirement plans, and family office services to financially established individuals and institutions. As of June 30, 2025, Savant has $32.9 billion in assets under management and $1.3 billion in assets under advisement.
Parkworth, based in Los Gatos, California, is a registered investment advisor offering comprehensive financial planning, investment management, tax strategies, estate planning, and benefits consulting. Parkworth has approximately $216 million in assets under management.
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