Trending...
- New Article Reveals Common Pricing Pitfalls in Flooring Projects — And How to Avoid Them
- Grammy award-winning Cuban-Canadian artist Alex Cuba releases his 11th studio album, "Indole"
- Some Music for Donald's Bad Day
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
- Advancing Circular Economy in Automotive ESD Packaging
- Institute for Pet Health Sciences Names Boops Pets 2025 Product of the Year
- Matthew Cossolotto, Author of The Joy of Public Speaking, Appears on "Get Authentic with Marques Ogden" and "Achieving Success with Olivia Atkin"
- CCHR Exposes Conflicted Psychiatrists Behind Teen Antidepressant Surge
- WIBO Announces Fall 2025 Entrepreneurship Programs to Empower NYC Founders and Small Business Owners
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
- Growing Demand for EVA Mats Signals Shift in Car Interior Market
- MDRN MUSE Expands Insurance Network Coverage to Include Delta Dental & Cigna
- BrandOptics Acquires Cheek Productions, Expands Content Creation Capabilities
- Hollywood In Pixels Celebrates the 8th Annual Silver Pixel Awards and Announces 2025 Campaign Pixel Winners Los Angeles, CA — Oct
- Kallisti Publishing Founder to Share Expertise at Faith, Wealth & Love Summit
- AGD Insurance Brokerage Launches Consulting Division to Expand Strategic Advisory Solutions
- Physician Calls for States Nationwide to Ensure ADA Compliance in Independent Commissions
- MEDIA ADVISORY - Strengthening Children's Mental Health Across New Jersey
- NumberSquad Launches Year‑Round Tax Planning Package for Small Businesses and the Self‑Employed
- GlexScale launches a unified model for sustainable SaaS expansion across EMEA
- SwagHer Society Launches to Help Black Women Be Seen and Supported
- Why Philadelphia Homeowners Should Ditch Oil for Natural Gas
- Zero-Trust Architecture: NJTRX Addresses 60% of U.S. Investors' Custody Security Concerns
- Sub-Millisecond Trading Platform: HNZLLQ Introduces Unified Gateway for Philippine Digital Asset Traders
- $2.1B Theft Losses: Bitquore Launches 1M+ TPS Platform with 95% Offline Asset Protection for U.S. Traders
- America Anesthesia Partners Unveils New User-Friendly Website
- Hiclean Tools Releases HCX2100 Electric Pressure Washer
- Bùng Nổ Ra Mắt, AALIVE Tung Gói Thưởng 68% và Dàn Game Thuần Việt Hấp Dẫn
- ARCH Dental + Aesthetics Offers Free Consultations for New Patients
- Maisano Brothers Inc. Expands National Paving Division Into Tampa, Florida