On November 18, 2021, Wipfli Financial Advisors, LLC announced that it will acquire Redwood Wealth Management, LLC.
Under the terms of the transaction, Wipfli Financial Advisors, LLC (“Wipfli”) will acquire Redwood Wealth Management, LLC (“Redwood”). Seven Redwood team members will join Wipfli, including Redwood partners Shawn Mead and Lane Steinberger. Redwood will assume the Wipfli brand. The transaction, subject to customary closing conditions, is expected to close on December 31, 2021. Further terms of the deal were not disclosed.
Wipfli, based in Milwaukee, Wisconsin, is a national wealth management firm. Wipfli has approximately $5 billion in assets under management.
Redwood, based in Alpharetta, Georgia, is a fee-only, is an independent advisory firm with over $300 million in assets under management.
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