The Beacon Pointe family of companies, which includes Beacon Pointe Advisors, LLC (BPA) and Beacon Pointe Wealth Advisors (BPWA), has formally announced the merging of its two operating registered investment advisers (RIAs) into a single RIA operating as Beacon Pointe Advisors, and recapitalization with a strategic minority investment by Abry Partners.
Abry’s investment will provide capital for continued acquisitions by Beacon Pointe, enhancements to investment research, technology and the Beacon Pointe client experience, as well as further position Beacon Pointe for market leadership in the investment advisory industry.
Founded in 2002, Beacon Pointe Advisors has more than $11 billion in assets under management and advisement, 15 offices and over 150 employees throughout the United States. The RIA serves endowments and foundations, retirement plans, and high-net-worth individuals and families.
Continuing under the direction of its experienced existing c
