Savant Wealth Acquires FirstWave Financial


January 17, 2024

On January 3, 2024, Savant Wealth Management announced that it acquired FirstWave Financial.

Under the terms of the transaction, Savant Wealth Management (“Savant”) announced that it acquired FirstWave Financial (“FirstWave”). Further terms of the deal were not disclosed.

Savant, based in Rockford, Illinois, is a financial advisory firm that offers investment management, financial planning, and retirement services to institutions and individuals. As of January 12, 2024, Savant had $19.7 billion in assets under management.

FirstWave, based in Satellite Beach, Florida, is an independent registered investment advisor that provides tax and estate planning services. FirstWave manages approximately $440 million in client assets.

To read the press release: please click here.

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