True North Advisors, a Texas-based registered investment adviser (RIA), has announced the acquisition of Blue Investment Partners, an investment management firm based in Danville, Calif., with approximately $353 million in assets under management (AUM) as of June 30, 2025. With the close of the transaction, True North now manages more than $5.1 billion in AUM as of June 30, 2025.
Founded in 2018 by Brett Hoover and Matt Dublin, Blue Investment Partners advises ultra-high-net-worth families and institutional investors. A trusted adviser to a discerning client base, Blue Investment Partners delivers investment expertise steeped in institutional discipline and values long-term client relationships.
The acquisition marks True North’s expansion in California and entry into the San Francisco Bay Area, as well as an increased nexus in the New York Tri-State Area, reinforcing the firm’s commitment to expanding its geographic presence in regions with concentrated private ca