Steward Partners Expands Its Legacy Division with Consilium Wealth Management Acquisition

Steward Partners, a prominent independent financial services firm that is employee-owned, made waves in the financial industry with its recent announcement. The firm shared its strategic acquisition of Consilium Wealth Management, a move that not only strengthens its Legacy Division but also adds an impressive $1.1 billion in assets to its existing portfolio. This initiative marks a significant step in Steward Partners' growth, particularly in the Northern California market where Consilium has deep-rooted connections.

With this acquisition, Partner John H. Seo and his nearly ten-member team join Steward Partners, heralding a new era for the firm as it amplifies its Bay Area presence. Consilium Wealth Management, established in 2010, specializes in catering to high-net-worth individuals and families, showcasing an adept understanding of the unique financial needs of its clients. The team's holistic approach, which melds investment, tax, and estate planning strategies, has garnered them a loyal clientele.

John H. Seo, who has over 25 years of expertise in financial planning and is a CERTIFIED FINANCIAL PLANNER® professional, is excited to bring his team into the Steward Partners fold. He emphasizes the importance of relationships in financial planning, relating his commitment to nurturing a client-centered culture. Seo's background, which includes notable roles at leading firms like Merrill Lynch and Prudential Financial, positions him to further contribute to Steward Partners' trajectory of growth.

Scott Danner, Executive Vice President and Head of Legacy at Steward Partners, expressed enthusiasm about the integration of such renowned talent into the firm. He highlighted that the focus isn't merely on financial transactions, but rather on building lasting relationships where advisors can maintain their brand identity while benefiting from the resources of a larger organization. This flexible framework is particularly beneficial for advisors contemplating retirement, succession planning, or strategic growth.

Since its inception in 2013, Steward Partners has rapidly established itself as one of the industry's most influential and fastest-growing registered investment advisors (RIA). With accolades from various prestigious platforms, including recent placements in Washington Business Journal's 2025 Best Places to Work and USA TODAY's Best Financial Advisory Firms, the firm holds a strong reputation founded on delivering exceptional client outcomes.

Recent awards further signify Steward Partners' commitment to excellence in financial management. Their advisors have been recognized in Forbes | SHOOK's Best-In-State Wealth Advisors and Best-In-State Wealth Management Teams lists for 2025. The firm consistently ranks among the top national firms, underscoring the collaborative and team-based service model that they prioritize.

Moreover, Steward Partners offers a range of services such as wealth planning, private banking, institutional consulting, and business solutions, successfully managing over $40 billion in client assets as of January 2025. The firm's transparent and supportive culture not only fosters advisor satisfaction but also ensures a high level of service delivery to clients across varying needs.

The acquisition of Consilium Wealth Management represents more than just an expansion of assets; it's a strategic alignment that promises to enhance the operational capacity and talent pool of Steward Partners. With an increasing number of advisors recognizing the advantages of joining a forward-thinking firm like Steward Partners, the future looks exceedingly promising for this emerging powerhouse in the financial services landscape.

In conclusion, as Steward Partners continues to broaden its footprint and attract top-tier advisors, the firm remains steadfast in its commitment to high-quality service, innovation in financial solutions, and the nurturing of meaningful client relationships. The integration of Consilium Wealth Management is poised to be a pivotal moment in this ongoing narrative of growth and success.