Beacon Pointe Advisors Strengthens Female Leadership with New Acquisition of Hemington Wealth Management
Beacon Pointe Advisors Strengthens Its Portfolio with Hemington Wealth Management
In a significant move to bolster its commitment towards women-led financial management, Beacon Pointe Advisors has announced its acquisition of Hemington Wealth Management. This announcement, made on November 18, 2025, showcases Beacon Pointe's dedication to promoting female leadership in the wealth management industry, as Hemington becomes the fifth female-owned firm added to their portfolio this year.
Located in Falls Church, Virginia, and Chicago, Illinois, Hemington Wealth Management serves a distinguished clientele of high-net-worth individuals and families. They pride themselves on their holistic approach to wealth management, integrating relationship management, advanced planning, and investment consulting while being anchored by strong, enduring values. This alignment with Beacon Pointe's vision for exemplary client service enhances their overall mission, creating a compelling synergy between the two firms.
With this acquisition, Beacon Pointe's assets under advisement (AUA) have surged to an impressive $55 billion, reflecting their growing influence and leadership as the nation’s largest female-led registered investment adviser (RIA). The partnership with Hemington aims to elevate client experiences through their innovative allWEALTH® platform, which is based on trust and personalized care.
Hemington wealth management is spearheaded by industry experts Eileen O'Connor, MBA, CFP®, and Jen Dawson, CFP®. Both leaders have made significant strides in promoting financial confidence among women, a focus that aligns seamlessly with Beacon Pointe's Women's Advisory Institute. This institute is designed specifically to guide women through critical financial transitions, recognizing the unique challenges they may face within the industry.
Hemington's Commitment to Women
Hemington is renowned for its research on female clients through its Women of Wealth studies, which delve into the specific financial needs and experiences of women. This research-driven approach sets them apart in the wealth management sector, where understanding diverse client needs is paramount. Their insights not only influence their service offerings but also shape how the broader industry perceives and serves women.
Eileen O'Connor expressed her enthusiasm about the partnership: "We have built a firm committed to changing the outcomes of our clients' lives and are excited to expand our capabilities and reach with the backing of Beacon Pointe. I am thrilled about what this partnership means for the future of our team and how it will elevate our ability to continue to deliver an outstanding client experience."
Jen Dawson also highlighted the seamless cultural fit between the two entities, stating, "From our earliest conversations, it was clear that Beacon Pointe shares our passion for empowering women and delivering thoughtful, values-driven advice."
The President of Beacon Pointe, Matt Cooper, noted the importance of this acquisition in celebrating the growth of women in leadership roles within wealth management: "Eileen, Jen, and their team embody our vision of client care and thoughtful guidance, and together, we're expanding opportunities for women to lead and inspire within our industry."
Future Directions
The acquisition officially closed on November 15, 2025, with Advisor Growth Strategies acting as the advisor for the Hemington transaction. This strategic move not only enhances Beacon Pointe's financial reach but also strengthens its commitment to delivering innovative solutions tailored for female clients. As the firm grows, they aim to ensure that their holistic services continue to align with the evolving landscape of client needs in wealth management.
With over 650 professionals spread across more than 80 offices nationwide, Beacon Pointe Advisors is well-positioned to enact meaningful change across the wealth management field. As they continue to nurture their relationship with Hemington Wealth Management, clients can look forward to personalized support that blends advanced planning with expert investment strategies.
In summary, this acquisition marks a pivotal chapter for Beacon Pointe Advisors as it fosters women’s empowerment throughout the financial industry while enhancing the overall client experience through dedicated and personalized service. The firms' joint commitment to client-first principles heralds a progressive shift in wealth management, paving the way for future success in an ever-changing financial landscape.