Kingswood U.S., part of a network of independent wealth management firms that oversees more than $15 billion in client assets globally, has acquired of the Nashville-based Eudaimonia Partners and Eudaimonia Advisors.
It also entered a strategic alliance with Eudaimonia Asset Management, a turnkey asset management-based Registered Investment Advisor (RIA). The three RIAs under the Eudaimonia Group collectively represent more than $1 billion in total client assets.
John Goodson, Eudaimonia founder and president, will continue to lead his team of 17 advisors and support Kingswood U.S. as president of his group.
“As the wealth management industry continues to evolve, it is critical for a firm of our size to seek additional scale and exceptional talent to ensure we are positioned to succeed in the future,” said Michael Nessim, CEO, president, and managing partner of Kingswood U.S. “John, Scott and the entire Eudaimonia team are the right partners for Kingswoo