On July 20, 2023, Savant Wealth Management announced the acquisition of Raymond F. Book & Associates.
Under the terms of the agreement, Savant Wealth Management (“Savant”) will acquire Raymond F. Book & Associates (“RFB”) and its affiliated RIA, greatly expanding its accounting and Tax offerings. 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 $20 billion in assets under management.
RFB, based in Lewes, Delaware, is a CPA offering tax planning, accounting, and investment planning services. RFB’s affiliate RIA manages $376 million in client assets.
To read the press release: please click here.