Trending...
- Assymetrix Launches the Deepest Independent Prediction Market Data API
- "I'm Sicka Church Too: Give Me Kingdom!" Ignites a Powerful Call for Healing and Truth
- Resident Inspect Joins Property Meld Nexus Network with API Integration
PLYMOUTH MEETING, Pa.--(BUSINESS WIRE)--Pinnacle Advisory Group, a leading Wealth Management Firm in Columbia, MD with an office in Miami has sold to Congress Wealth Management, a Boston-based RIA. Pinnacle manages approximately $2.4 Billion in assets for 1250 families, and the combined business now has $5.8 Billion in assets, 83 employees and 7 offices nationwide.
According to Pinnacle Managing Partner Dwight Mikulis, "After a lifetime of working with clients, the partners at Pinnacle Advisory Group were looking for an investment banking firm that could navigate not only the financial aspects of selling a practice after 28 years but also work with a diverse group of shareholders. Mike Bilotta and Gladstone Associates LLC accomplished everything we were hoping for including finding a wonderful firm to take care of our clients and employees. There is no question that they can handle any transaction in the RIA space whether representing buyers or sellers. They have the experience and patience to complete a complicated process and make it seem simpler for their clients."
More on The PennZone
Per Scott Dell'Orfano, Chief Strategic Officer for Congress Wealth: "Paul Lonergan (Congress' President), CI Financial and our team have been actively considering acquisition opportunities with a like-minded firm that brought great talent and a compatible culture to the table, in order to help with our strategic growth initiatives. Pinnacle Advisory Group is an excellent fit for the values and high-level client engagement that Congress has been known for since our creation, and they were well-represented by Gladstone."
Gladstone Associates LLC is a Pennsylvania corporation providing M&A- Advisory and Consulting services on a national basis to Independent Financial Advisory Firms.
According to Pinnacle Managing Partner Dwight Mikulis, "After a lifetime of working with clients, the partners at Pinnacle Advisory Group were looking for an investment banking firm that could navigate not only the financial aspects of selling a practice after 28 years but also work with a diverse group of shareholders. Mike Bilotta and Gladstone Associates LLC accomplished everything we were hoping for including finding a wonderful firm to take care of our clients and employees. There is no question that they can handle any transaction in the RIA space whether representing buyers or sellers. They have the experience and patience to complete a complicated process and make it seem simpler for their clients."
More on The PennZone
- XMax Inc. (N A S D A Q) Accelerates AI Expansion With $4.8 Million Contracted Revenue, $30+ Million Enterprise Pipeline and Strategic SpaceX Exposure
- Lnk.Bio Becomes the First Link-in-Bio Service Fully Manageable from Inside ChatGPT
- Did Drake Just Find His Next Signee? Peoria Rapper Rhymi Gifts "ICEMANDRAKE" Domains, Drops Debut Album Same Day
- Andrew Tate Says Los Angeles Is "Where I Belong" as He Hints at USA Move
- RAS AP Consulting Advances to Request for Proposal Stage in Heidelberg Materials' SAP Customer & Vendor Master Data Modernization Initiative
Per Scott Dell'Orfano, Chief Strategic Officer for Congress Wealth: "Paul Lonergan (Congress' President), CI Financial and our team have been actively considering acquisition opportunities with a like-minded firm that brought great talent and a compatible culture to the table, in order to help with our strategic growth initiatives. Pinnacle Advisory Group is an excellent fit for the values and high-level client engagement that Congress has been known for since our creation, and they were well-represented by Gladstone."
Gladstone Associates LLC is a Pennsylvania corporation providing M&A- Advisory and Consulting services on a national basis to Independent Financial Advisory Firms.
Filed Under: Business
0 Comments
Latest on The PennZone
- As Pentagon Releases Ufo Files, Debut Ya Novel Predicted It All
- RAATV Premieres Original Reality Series "The Access Index: Jackson" June, 19
- Connecticut Resident Develops Patent-Pending Concept Exploring a New Approach to GPS Navigation
- JP Events Azerbaijan to Host 2nd Women in Motorsport Event During the Azerbaijan Grand Prix Week
- MMA Platform Makes History, Pays Jamey-Lyn Horth After Fans Vote on UFC Winnipeg Robbery
- Resident Inspect Joins Property Meld Nexus Network with API Integration
- Premiere Venue Group Announces $25,000 Sponsorship to Support Ann's Heart Programs and Events
- L2 Aviation Awarded IDIQ Contract by the U.S. Army for M1A2 Abrams Tank
- Sycor.Rental Named Among 2026 Best Microsoft Dynamics ERP Supply Chain Solutions
- KDG Redefines Enterprise Software Development with AI-Assisted and Agentic Delivery Model
- Beyond Medication: Kellyn Foundation And Highmark Wholecare Tackle Type 2 Diabetes, Obesity With Comprehensive Lifestyle Program
- TrueNorth Wellness Services Raises $10,066 During Give Local York 2026
- Smart Tools App Brings 100+ Everyday Utilities Into One Android Solution
- Veikkaus Appoints New CFO as Finland's Gambling Monopoly Braces for Breakup
- Philadelphia's First Ginger Store Honored With City Citation for Nine Years of Health and Wellness
- ICTPBX Released: White-Label, Multi-Tenant Open Source PBX Platform for ITSPs
- 5,521 College Athletes Launch Own Merch Stores in Just 30 Days on AthleteMerch.com, Reaching 7,975 Live Storefronts Nationwide
- Altruvest and Financial Executives International Canada Announce Strategic Partnership to Strengthen Nonprofit Boards Across Canada
- Dr. Dee for the People: A Vision of Hope, Healing, and Transformation for Philadelphia
- Free Critical Illness Claim Calculator Launches to the Public