Plancorp's Landmark Acquisition Marks New Era in Wealth Management Industry

A New Chapter for Plancorp Wealth Management

Plancorp Wealth Management, a fee-only financial advisory firm headquartered in St. Louis, has made headlines with its first significant acquisition in over four decades. This strategic move, which involves the acquisition of Regency Investment Advisors, Inc. located in Fresno, California, reflects Plancorp's robust growth strategy and vision for the future of wealth management.

About the Acquisition

On March 31, 2026, Plancorp announced the acquisition of Regency Investment Advisors, adding around $1 billion in client assets under management. This marks a pivotal moment in Plancorp's history as it seeks to expand its reach and influence on the West Coast. The addition of 14 seasoned professionals from Regency will bolster Plancorp’s existing team, enhancing its service offerings and operational capabilities.

Founded in 1993, Regency Investment Advisors has built a solid reputation in central California for prioritizing a client-first philosophy combined with comprehensive financial planning. With the integration of Regency into Plancorp's established framework, the firm aims to provide cohesive and unparalleled service to its clientele.

Shared Values and Objectives

Both firms resonate with similar values, emphasizing humility, honesty, and excellence. Tony Fazio, CEO of Regency, expressed enthusiasm about this partnership, highlighting the importance of continuing to uphold these values while enhancing client services. Emphasizing the excitement among staff, he noted, “Joining forces with Plancorp allows us to enhance our clients' experience without changing our values.”

In a similar vein, Chris Kerckhoff, President and CEO of Plancorp, stated the acquisition is not merely about expanding their footprint, but about aligning with a partner that prioritizes doing what is right for clients. This new collaboration is envisioned to facilitate an environment where both teams can further cultivate their already strong client relationships.

Looking Towards the Future

With the addition of Regency, Plancorp's asset management now totals approximately $9.6 billion, reflecting a significant milestone in the firm's growth journey. As they navigate the competitive landscape of the wealth management industry, Plancorp aims to continue focusing on forging partnerships with like-minded firms that share a long-term commitment to client care.

Derek Hartley, Chief Growth Officer of Plancorp, reiterated the firm’s philosophy stating, “We’re striving to be the best home for firms and advisors who prioritize client care.” Unlike many of their counterparts who may chase aggressive growth strategies, Plancorp intends to remain majority employee-owned, allowing them to prioritize client relations and business integrity.

The firm’s progressive strategy places an emphasis on employing a selective approach to acquisitions, aiming for an integration that enhances service quality while remaining true to their values.

Who Should Join?

Plancorp invites firms and advisors who align with their principles of integrity, integration, and sustainable impact in wealth management to discuss potential partnerships. By doing so, they hope to continue cultivating a platform that not only serves their clients but also fosters a thriving workplace for advisors and their teams.

Overall, this acquisition not only marks a significant turning point for Plancorp but also sets a precedent for how the wealth management industry can evolve through strategic partnerships rooted in shared values. As the firm breaths new life into its vision for growth, the future appears promising for both Plancorp and Regency's clients alike, as they look to achieve success together.

For more information about Plancorp and their services, visit their official website at www.plancorp.com.