SAX Wealth Advisors, an independent wealth management firm and part of SAX Advisory Group, has announced the acquisition of Lighthouse Financial, marking the firm’s second Florida office and further extending its advisory footprint.
The transaction closed June 30, 2026, and brings approximately $350 million in assets under management to SAX Wealth Advisors and welcomes a seasoned adviser to the team, Martin Parlato, principal and wealth adviser, based in Ponte Vedra, Fla.
This acquisition expands SAX Wealth Advisors’ growing advisory presence in Florida, reinforcing the firm’s continued expansion and its position as a destination platform for independent advisers. By joining SAX Wealth Advisors, Parlato gains access to the broader SAX Advisory Group ecosystem, including advanced planning resources, tax expertise, and operational support, enhancing the level of service and strategic guidance he can offer clients.
