Procyon, an independent registered investment advisory firm, has announced it has acquired OLV Investment Group, a wealth management firm with multiple locations in Michigan and Texas. The acquisition adds approximately $500 million in assets under management, expands Procyon’s physical presence into the Midwest and South, and strengthens the firm’s client-first service model with the addition of seven new advisers and thirteen additional team members. The addition brings Procyon’s total assets under management to nearly $9 billion and its total headcount to nearly 80.
The acquisition is Procyon’s largest to date and reflects the firm’s long-term objective to broaden access to its integrated wealth management model across the United States. OLV’s advisers and support staff are known for delivering thoughtful financial guidance with an emphasis on planning, transparency and education.
The combined firm will continue delivering tailored financial advice while
