Simon Quick Advisors Expands Through Acquisition of Proquility Partners for Enhanced Wealth Management

Strategic Acquisition to Enhance Wealth Advisory Services

Simon Quick Advisors, an established independent wealth management firm, has made a significant move in the financial advisory sector by acquiring Proquility Private Wealth Partners, a Las Vegas-based boutique advisory firm known for its strong client relationships and dedication to personalized financial planning. This strategic acquisition not only broadens Simon Quick’s reach across the nation but also strengthens its commitment to delivering tailored financial guidance rooted in values and long-term planning.

Founded in 2004, Simon Quick Advisors has consistently prioritized a values-driven approach, focusing on ensuring that every partnership is aligned culturally and strategically. The integration of Proquility marks Simon Quick's third major acquisition in recent years. Previous ones include the partnership with Red Hook Management in 2022 and the merger with William E. Simon & Sons family office in 2017. Each of these moves reflects the firm’s intent to enhance its service offerings and provide better support to high-net-worth clients.

Led by Andy Ferguson, CFP®, ChFC®, CIMA®, and Patty Yeager, CFP®, MBA, AWMA®, the experienced Proquility team offers decades of wealth management expertise. With a planning-first mindset, they have cultivated deep-rooted relationships with clients. This is echoed by Patty Yeager, who emphasized the importance of continuity for their clientele, stating, "Neither Simon Quick nor Proquility intends to disrupt the advisor-client relationships that have defined our firm."

Christopher Moore, Managing Partner at Simon Quick Advisors, expressed his enthusiasm about the merger, noting that the shared philosophy between the two firms creates a stronger foundation for providing financial guidance. He commented, "Their planning-first mindset and generational relationships align closely with our values and client-first philosophy. Together, we are even better positioned to help clients thrive and plan confidently for the future."

The integration means that the Proquility team will continue to nurture their client relationships while gaining access to an extensive suite of services provided by Simon Quick, including sophisticated financial planning and investment advisory solutions. Andy Ferguson reiterated that the acquisition was less about financial gain and more about finding a partner that respects and enhances Proquility’s legacy of client service.

This strategic move also highlights the growing trend in the wealth management industry toward consolidation, as firms look to enhance their capabilities and expand their reach. With an impressive $8.4 billion in Assets Under Advisement and $6.7 billion in Assets Under Management as of December 31, 2024, Simon Quick Advisors is well-positioned to attract high-caliber advisor teams who are in search of a collaborative culture and a supportive environment for professional growth.

In conclusion, the acquisition of Proquility Private Wealth Partners significantly enhances Simon Quick Advisors' ability to serve clients with tailored, holistic financial strategies that are not only geared towards immediate financial success but also long-term family legacy and satisfaction. The future looks bright for both firms as they join forces to provide top-notch financial services across generations.

For more information about Simon Quick Advisors and their services, visit www.simonquickadvisors.com.

About Simon Quick Advisors

Simon Quick Advisors is dedicated to serving high-net-worth individuals and families across the United States. Their team-based approach ensures personalized service and specialized financial planning that empowers clients to take charge of their financial destinies.

About Proquility Private Wealth Partners

Proquility Private Wealth Partners has been committed to helping clients manage their wealth effectively through comprehensive planning and multi-generational strategies, focusing on enhancing their clients' overall financial wellbeing.