#United States #Wealth Management #Andover #financial advisors #Beacon Pointe

Beacon Pointe Advisors Strengthens New England Presence

In a significant move to enhance its market position, Beacon Pointe Advisors has recently completed the acquisition of The Financial Advisors, LLC, a firm based in Andover and Newburyport, Massachusetts. This strategic integration marks a vital step in Beacon Pointe's growth strategy, as it continues to manage approximately $62 billion in client assets, further solidifying its footprint in the New England region.

About The Financial Advisors

Established in 1992, The Financial Advisors has carved out a strong reputation within the competitive New England market by consistently delivering comprehensive wealth management services. Managing around $1.2 billion in assets under management (AUM), the firm boasts a team of 11 knowledgeable professionals who specialize in various aspects of financial planning, including investments, tax, and retirement strategies.

The firm's employee-owned structure and commitment to long-term advisory relationships have allowed it to maintain robust client loyalty across different life stages. They primarily cater to business owners and multi-generational families, utilizing a collaborative and partnership-driven culture to tackle complex financial scenarios with confidence.

According to Michael Kumph, CFP®, Partner and Managing Director, the excitement within the team post-acquisition is palpable: "Our entire team is very excited to join Beacon Pointe Advisors. We were thrilled to find a partner that values the client experience and planning process as much as our firm has for over 30 years. Joining forces with Beacon Pointe offers us a great opportunity to collaborate with new team members while focusing on our top priority – client relationships."

Beacon Pointe's Vision

As the President of Beacon Pointe, Matt Cooper noted, this partnership is a crucial component in amplifying the firm’s presence in New England, a region that plays a pivotal role in Beacon Pointe's long-term strategy. He emphasizes the shared philosophy on wealth management with The Financial Advisors, focusing on building lasting relationships and providing comprehensive guidance to clients.

Shannon Eusey, the CEO of Beacon Pointe Advisors, expressed his enthusiasm about the acquisition by highlighting the depth and disciplined planning strategies that The Financial Advisors team brings to the table. "What stood out was the deliberate way they've built their practice, grounded in an unwavering commitment to clients and supported by a sophisticated, forward-thinking service offering," he stated.

The deal officially closed on January 15, 2026, with Turkey Hill Management acting as an advisor for the transaction. This acquisition not only expands Beacon Pointe's capabilities but also enhances its fiduciary and client-first approach, providing clients with even broader planning resources and long-term support across the East Coast.

Now, with over 750 team members spread across more than 90 offices nationwide, Beacon Pointe Advisors stands tall as one of the largest registered investment advisers (RIAs) in the United States. Their professional advisors empower clients to establish investment goals, decide on asset allocations, and develop strategic financial plans through a proprietary approach called allWEALTH®.

In conclusion, the acquisition of The Financial Advisors is a strategic triumph for Beacon Pointe Advisors, enabling them to build upon their already solid foundation in wealth management while continuing to prioritize client relationships and deliver exemplary service in a complex financial landscape.