One of the top registered investment advisors in the country just topped $20 billion dollars in assets, thanks to another deal. Beacon Pointe announced that it is acquiring Northstar Investment Advisors in Denver, Colorado where it will oversee more than a billion dollars.
CEO Charlie Farrell said in the release that Northstar wanted to partner with Beacon Pointe for its wealth management platform, its people, and its access to institutional quality investments in areas like ESG, and private equity.