Trending...
- Turnstone Creative Welcomes Giovanni Amodei as Manager of Strategic Growth
- Crossroads4Hope Launches Blood Cancer Resource Hub
- American Garden Rose Selections™ Announces 2027 Winners
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
- Holiday Gambling Spending Expected to Rise 12% in December
- RAS AP Consulting Issues National Compliance Alert and Launches Q4 2026 AP Readiness Program Ahead of IRS FIRE → IRIS Cutover
- Free Senior Housing Webinar Helps Families Plan for Aging Before a Crisis Forces Difficult Decisions
- Claude Zdanow named Managing Director in Miami, Florida
- YWCA Hanover Celebrates Opening of New Children's Learning Academy
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.
0 Comments
Latest on The PennZone
- NEW Three Fully Furnished Single-Family Model Homes at Heritage at South Brunswick
- After 35 Years, Christian Radio Host Marina Maria Publishes the Novel She Never Forgot
- Freight Broker 911 CEO and President Milton Collier Is Rebuilding the Path Into Freight Brokerage
- Boston Industrial Solutions Launches New and Improved Siliart Website for Silicone Decorators
- TrueNorth to Participate in 2026 Adams County Giving Spree
- Roots for Boots Announces Rations for the Ranks to Replace MilitaryShare Beginning November 10
- Scoop Social Co. Brings Its Signature Mobile Dessert Experience to Phoenix
- SMACK Fighting Championships Announces Influencer Fight Night at Harrah's Philadelphia
- BetQL Brings Data Driven 5 Star Betting Insights to the Everyday Sports Bettor
- Sky Quarry's Big Turning Point: CEO Marcus Laun Outlines the Next Phase for N A S D A Q: SKYQ
- Hunter Is Releasing New Music For The Holidays!
- Tixpool.com - Naija Premier Event Reseller
- Work 365 Expands Distributor Integrations with Companial for Microsoft Partners
- ClassicCarJobs.us Launches Automotive Career Marketplace for Specialty Shops
- Guardian Data Opens 42,000-Square-Foot Moonachie Facility, Doubling New Jersey Capacity
- Dutch Mill Bulbs Launches Pink Ribbon Tulip Fundraise ~ National Breast Cancer Foundation, Inc.®
- SecureMaine 2026 is Here -- Thursday October 8th!
- Bluestone Laundromat Makes a Difference in the Archbald Community
- HW Foundation Opens Nominations for Inaugural 50 Under 50 in AI; Deadline Oct. 16
- Pavillon 30 Years of Addiction Recovery in Western North Carolina, Earns National Accreditation