F.L.Putnam Enhances Presence in Virginia with AOG Wealth Management Acquisition

F.L.Putnam Expands into Virginia

On March 4, 2025, F.L.Putnam Investment Management Company made headlines with its acquisition of AOG Wealth Management, a notable independent registered investment advisor based in Reston, Virginia. This strategic transaction marks a significant step in F.L.Putnam's growth, coming as the company's fifth acquisition in just one year.

Commitment to Value-Added Service

F.L.Putnam's CEO, Tom Manning, emphasized that this merger is a testament to their dedication to providing enhanced services to clients. The combination with AOG not only enriches their service offering but also expands their geographic presence, as this acquisition establishes their 10th office. Manning expressed excitement about integrating the AOG team and mentioned that the united goal is to empower clients to reach their financial aspirations more effectively than ever before.

AOG Wealth Management, founded in the year 2000 by the accredited Frederick P. Baerenz, brings a wealth of experience in delivering tailored investment solutions to high-net-worth individuals, corporations, pension plans, trusts, and donor-advised funds. With more than $330 million in assets under management, AOG operates with a capable nine-person team, including three certified financial planners (CFPs), who have now joined the F.L.Putnam family. Notably, Baerenz will assume a new role as President of the AOG Institutional Fund (AOGFX), continuing his commitment to the firm's innovative approaches in wealth management.

A Vision for Collaborative Growth

Frederick Baerenz spoke on the excitement surrounding the merger, pointing out that joining forces with F.L.Putnam allows AOG advisors to leverage an expanded range of services for their clientele. Baerenz highlighted that this transition not only aids in maintaining a world-class interval fund but also aligns with his vision to foster a culture rich in exceptional service delivery and innovative investment alternatives.

F.L.Putnam has cultivated a reputation as a respected brand in the investment advisory space, and both teams are eager to collaborate and elevate the standards of service they can provide to their combined clientele.

Details of the Transaction

The acquisition was finalized on February 28, 2025, although the financial specifics of the deal have not been publicly disclosed. F.L.Putnam, an independent investment advisor with over 40 years of experience, has consistently aimed to build, preserve, and manage wealth for a diverse range of clients including individuals, family offices, endowments, and foundations. Their headquarters in Lynnfield, Massachusetts, serves as the operational hub as they continue expanding nationally.

With this strategic acquisition, F.L.Putnam is now well-poised to extend its services across Northern Virginia, Washington D.C., and Maryland—regional markets valued for their high-net-worth populations. The addition of AOG Wealth Management signifies a determined move towards broader geographical reach, ultimately enhancing client access to wealth management resources.

Conclusion

F.L.Putnam's proactive approach to growth through acquisitions showcases its strategy to adapt to the evolving demands of the financial services sector. As they welcome the AOG team into their fold, they remain focused on delivering value via personalized client solutions. As the investment landscape grows increasingly competitive, this acquisition reflects F.L.Putnam's commitment to innovation, collaboration, and high-quality service in wealth management.

For potential clients and industry observers, this merger is worth watching as it may signal further developments in the realm of investment advisory services in the coming years.