AlphaCore Wealth Advisory, a registered investment advisory (RIA) firm, continues to expand with its most recent acquisition, further establishing an East Coast presence while broadening the firm’s tax planning and preparation capabilities.
AlphaCore has announced the acquisition of SPC Financial, a Rockville, Md.–based wealth advisory and tax services firm, advancing AlphaCore’s strategic vision to build a wealth management platform that combines scale, innovation and a boutique culture of personalized service. Led by president and CEO Edward “Jeff” Sella, SPC was founded in 1970 and has a well-established presence in the greater Maryland, Virginia and Washington, D.C., region. The partnership adds $1.5 billion in client assets and expands the team with nearly 40 professionals focused on wealth advisory and tax planning.
At the close of the transaction, the combined firms will have more than $8.5 billion in client assets and more than 100 employees, serving
