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RIA News: Beacon Pointe Buys $1B YorkBridge in Largest Acquisition of 2023
- 00 mins 53 secs
Beacon Pointe Advisors is scooping up YorkBridge Wealth Partners, which marks its biggest acquisition of the year. Yorkbridge oversees more than $1 billion in assets and has brick-and-mortar locations in New York City and Bridgehampton. The deal brings Beacon Pointe's total assets under advisement to over $26 billion.
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RIA TV
Hello and welcome to RIA News. Beacon Pointe Advisors has just announced its largest acquisition of the year. The top RiA is expanding its presence in the Big Apple by buying YorkBridge Wealth Partners. YorkBridge oversees more than A BILLION DOLLARS in assets and has offices in New York City and Bridgehampton.
The deal brings beacon points and total assets under advisement to over $26 billion. And that wraps it up for this RIA news update.
I'm Jenna Dagenhart with Asset tv.
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Thrivent Asset Management offers actively-managed funds with a track record of competitive performance. For more than half a century, we have used long-term investment approaches to unearth future opportunities for you and your clients. Our fund family provides accumulation and distribution strategies designed for all risk tolerances.
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