Waller Helms Advisors

PARK SUTTON ADVISES M&R CAPITAL MANAGEMENT ON PARTNERSHIP WITH WEALTH ENHANCEMENT GROUP Park Sutton Advisors, a Waller Helms Company (“Park Sutton”), is pleased to have represented M&R Capital Management (“M&R”) on its partnership with Wealth Enhancement Group (“WEG”), one of the nation’s fastest growing wealth managers with $97 billion in client assets, headquartered in Minneapolis, MN. M&R Capital Management was founded in 1993 and is headquartered in Summit, NJ. Led by John Maloney, the team oversees more than $500 million in client assets. M&R specializes in providing customized financial solutions to clients including investment management, separate account management, and retirement planning. Jeff Dekko, Chief Executive Officer of Wealth Enhancement Group, said, “John and his team are an excellent addition to our firm. We are pleased that they’ve chosen to join Wealth Enhancement Group. Through our partnership, they can access our extended suite of central services and free up more time to invest in strengthening client relationships and growing their practice.” John Maloney, Chairman and Chief Executive Officer of M&R Capital Management, said, “This acquisition represents an exciting new chapter for our firm and our clients. By joining forces with Wealth Enhancement Group, we’re able to enhance our services, expand our resources, and continue to provide personalized financial strategies. Our clients will benefit from the added scale and solutions while maintaining the high level of care and attention they’ve come to expect from us.” Matt Kempler, Director at Park Sutton, said, “The M&A market sees sustained interest for growth-minded wealth management firms. Quality New York metropolitan RIAs continue to be in high demand and M&R was able to partner with their firm of choice. John Maloney and his team have built an impressive client-centric business; we are excited to see how their partnership with WEG accelerates growth.” For transaction contacts, please click here: https://lnkd.in/gvHc_9cf

PARK SUTTON ADVISES $3.4 BILLION MULTI-FAMILY OFFICE, PEGASUS PARTNERS, ON PARTNERSHIP WITH LIDO Park Sutton Advisors, a Waller Helms Company (“Park Sutton”), is pleased to have represented Pegasus Partners (“Pegasus” or the “Firm”) on their partnership with Lido Advisors (“Lido”), a wealth advisory firm with more than $24 billion in client assets, headquartered in Los Angeles, California. Founded in 2015, Pegasus is a Wisconsin-based RIA with over $3.4 billion in client assets that specializes in tailored family office solutions for ultra-high-net-worth families. The Firm has experienced remarkable growth and possesses distinctive expertise in guiding families through pre- and post-liquidity events, as well as navigating wealth transfers seamlessly. “Serving the sophisticated wealth management needs of families in all aspects of their financial lives and legacies requires steadfast commitment to specialized expertise and the highest ethical standards. The Pegasus team exemplifies this commitment,” said Ken Stern, CFP?, President of Lido Advisors. “Together, we will strengthen our engagement with UHNW families in the Midwest community and beyond.” All 22 members of Pegasus will be joining Lido, with the majority becoming partners. Pegasus is led by Todd Krieg, JD, CFA, Founder and CEO, and Matt D’Attilio, CFA, Founder and President. “In Lido, we saw a partner who shares our mission of putting client interests first, and serving them with deep investment capabilities, selective alternatives, and advanced wealth planning. With Lido we are aligned in building a brand that embodies excellence. Together, we will work to continuously enhance the investment and wealth planning advice that we offer to the families, foundations, and institutions we work with. Simply put, we are excited for the many opportunities as one firm,” said Todd. “The cultural alignment and the opportunity to expand across the Midwest makes Pegasus an obvious fit with our strategic vision,” said Jason Ozur, CPA, CEO of Lido Advisors. “I cannot imagine finding a team more capable of helping us grow our clientele with the highest level of investment and wealth management support.” Park Sutton Senior Managing Director, Steven Levitt, remarked, “Having first advised Todd and Matt about 10 years ago when they initially formed Pegasus, it is so rewarding to advise them again on this partnership and important next step in their professional journey. This Pegasus-Lido combination represents the 6th multi-family office transaction on which our team has advised over the past year or so. I am also very excited for Park Sutton to be completing our first transaction with Lido.” For transaction contacts, please click here: https://lnkd.in/gTXfHKSj

PARK SUTTON ADVISES $1.1 BILLION GEORGE MCKELVEY COMPANY ON PARTNERSHIP WITH ALLWORTH Park Sutton Advisors, a Waller Helms Company (“Park Sutton”) is pleased to have represented George McKelvey Company (“GMC” or the “Firm”) on its partnership with Allworth Financial (“Allworth”), a national wealth manager with over $22 billion in client assets, headquartered in Sacramento, California. Founded in 1960, GMC has built a reputation along the Jersey Shore for providing comprehensive financial planning and investment management services to high-net-worth families and individuals. The Firm is led by Robert McKelvey, Robert Giunco, Jr., and Richard Looney, whose families share generational ties that have carried GMC’s legacy and helped the Firm grow to over $1 billion in client assets. “The addition of George McKelvey Company represents an important move in our ongoing mission to provide exceptional financial guidance across the nation,” said Allworth CEO, John Bunch. “Their strong presence in New Jersey and impressive track record perfectly aligns with our growth objectives and commitment to client service.” “Partnering with Allworth opens up exciting possibilities for our team and clients,” said Robert Giunco, Jr. “Their resources and client-focused approach will allow us to enhance our service offerings while maintaining the personalized attention our clients expect.” This transaction was co-led by Managing Directors Steven Levitt and Dan Erichson, CFA of Park Sutton. Dan Erichson commented, “I first met the GMC team 7 years ago and it is so gratifying to have helped them to find a phenomenal partner in Allworth. It is rare to find firms with the innate ability to develop multi-generational relationships and GMC is undoubtably one of those having formed deep bonds with clients for 65 years.” Steven Levitt added, “Since our first meeting in 2017, GMC undertook several initiatives to best position the Firm before deciding to pursue a strategic partnership. This resulted in a smoother transition and greater value for all parties involved. It was truly a privilege to have worked with this group.” For transaction contacts, please click here: https://lnkd.in/gd9s2Knn

PARK SUTTON ADVISES UNITED COMMUNITY BANKS, INC. ON ITS DIVESTMENT OF $2.4 BILLION FINTRUST CAPITAL ADVISORS TO WEALTH ENHANCEMENT GROUP Park Sutton Advisors, a Waller Helms Company (“Park Sutton”), is pleased to have represented United Community Banks, Inc. (“UCB”) on its divestment of?FinTrust Capital Advisors (“FinTrust”) to Wealth Enhancement Group (“WEG”), one of the nation’s fastest growing wealth managers with over $94 billion in client assets, headquartered in Minneapolis, MN. Founded in 2007, FinTrust Capital Advisors is a hybrid RIA headquartered in Greenville, South Carolina, providing advanced financial planning, investment management, and retirement plan services to business owners, professionals, and high-net-worth families. The team of 14 advisors and 13 support staff oversees more than $2.39 billion in client assets and is led by Chief Investment Officer, Allen Gillespie, CFA?. Jeff Dekko, Chief Executive Officer of Wealth Enhancement Group, said, “It is so exciting to expand our presence in the Carolinas by joining forces with FinTrust Capital Advisors. Allen and his knowledgeable team are experienced at their craft. They create customized financial solutions tailored to their clients’ unique needs.” Allen Gillespie, Chief Investment Officer of FinTrust Capital Advisors, said, “Our firm was built on the premise that the best wealth management advice combines investment management guidance, advanced financial planning, and tax strategies with strong client relationships. Joining Wealth Enhancement Group allows us to strengthen that promise by tapping into their robust network of central services.” Jim Cahn, Chief Strategy Officer of Wealth Enhancement Group, said, “We are pleased FinTrust Capital Advisors have chosen to join Wealth Enhancement Group. Our firms have a similar dedication to comprehensive wealth management and top-tier client service which we believe will make for a highly complementary relationship.” John Eubanks, Managing Director at Park Sutton, who led the transaction, commented, “We previously represented FinTrust on their 2021 sale to UCB. FinTrust’s new partnership with WEG will enhance their ability to serve clients and accelerate growth. This transaction illustrates how regional banks can unlock significant value by divesting their wealth management practices.” For transaction contacts, please click here: https://lnkd.in/dAbFNfTe

EPIC ANNOUNCES ACQUISITION OF TDC LIFE, EXPANDING LIFE AND EXECUTIVE BENEFITS PLATFORM EPIC Insurance Brokers and Consultants (“EPIC”), a national insurance brokerage and consulting firm, has acquired TDC Life (“TDC”), an Ohio-based life insurance and estate planning firm. This strategic partnership will bring TDC under the Vanbridge Life & Executive Benefits (“Vanbridge”) umbrella and significantly enhance EPIC’s market presence in the life insurance industry. With a legacy dating back to 1958, TDC has a rich history of excellence in life insurance. Under the visionary leadership of Cleves Delp, TDC has set the standard among independent life insurance agencies by embracing sophisticated wealth preservation strategies while demonstrating a never-ending commitment to putting clients first. TDC works with a national network of advisors, including investment advisors, attorneys, CPAs, and business managers for athletes and entertainers, to provide best-in-class services for their clients’ complex wealth preservation strategies. TDC’s expertise transcends traditional insurance planning, catering to the unique needs of wealthy individuals, families, and business owners. “Our team is thrilled about the opportunities ahead with Vanbridge and EPIC. Enhancing experiences for our colleagues and clients remains a priority, and this partnership offers meaningful opportunities for our businesses and teams alike,” said Tyler Horning, Principal of TDC Life. “By further collaborating with experts in the specialty practices across EPIC, we are able to expand our portfolio of products and services exponentially, providing even greater value and support to our clients.” Waller Helms Advisors served as exclusive financial advisor to TDC Life. For more information, click here: https://lnkd.in/giTdxug8

PARK SUTTON ADVISES $1.5 BILLION VC MANAGER, TOUCHDOWN VENTURES, ON PARTNERSHIP WITH CERITY Park Sutton Advisors, a Waller Helms Company (“Park Sutton”), is pleased to have represented Touchdown Ventures (“Touchdown,” “TDVC” or the “Firm”) on its partnership with Cerity Partners (“Cerity”), a leading independent wealth manager with over $100 billion in client assets, headquartered in New York, NY. The combination adds more than 50 colleagues to the Cerity Partners team and a unique area of expertise in alternative investment strategies focused on early-stage and growth-oriented private investments. Founded in 2014, Touchdown specializes in developing and managing corporate venture capital programs. Offering Venture Capital-as-a-Service (VCaaS), the firm provides customized solutions to access external innovation through venture capital investments. With $1.5 billion in assets under management, Touchdown has been a leading advisor in facilitating corporate access to innovation for over a decade. “Our partnership with Touchdown Ventures comes during a period of significant growth for Cerity Partners and will be instrumental in deepening our offering to corporate partners,” said Kurt Miscinski, CEO of Cerity Partners. “Touchdown’s best-in-industry VC professionals, coupled with our shared fiduciary commitment to deliver exceptional service in our clients’ best interest, make them an ideal partner. We couldn’t be more excited to welcome the Touchdown team.” David Horowitz, Touchdown’s CEO, noted “Our relationship with Cerity Partners amplifies our team’s ability to provide the best possible venture capital services for corporations seeking access to external innovation.” Scott Lenet, President of Touchdown, said, “Joining Cerity Partners strengthens our capacity to educate, mentor, and advance the career development of private market investors who join our combined firm. Our two teams share common values and a commitment to training and development that stands out in the industry as a differentiator.” Steven Levitt, Senior Managing Director at Park Sutton, remarked, “Touchdown’s advanced investment strategies and service offerings will enhance Cerity’s capabilities for serving corporations and high-net-worth individuals. We anticipate this partnership will drive significant growth for both entities.” For transaction contacts, please click here: https://lnkd.in/g4ban9Uw

PARK SUTTON ADVISES JUDITH HEFT & ASSOCIATES ON SALE TO WEALTHSPIRE ADVISORS Park Sutton Advisors, a Waller Helms Company (“Park Sutton”), is pleased to have represented Judith Heft & Associates (“JHA” or the “Firm”) on their partnership with Wealthspire Advisors (“Wealthspire”), a wealth manager with approximately $27.4 billion in client assets, headquartered in New York, NY. Founded in 1996, JHA is an all-female Connecticut-based financial and lifestyle concierge specializing in tailored bookkeeping and bill pay services for high-net-worth to ultra-high-net-worth families. The Firm has achieved exceptional success in client acquisition through the expansion of their lifestyle services, with customized solutions managing personal matters such as executive assistance and travel services on top of financial management. Park Sutton Director, Matt Kempler, said, “We’re thrilled about the merger between Wealthspire and JHA and their plans to enhance the services available to their clients. As the market for client acquisition becomes more competitive, we are observing wealth managers expanding client service offerings to better differentiate themselves. Services such as business management, concierge, and tax preparation improve the overall client experience.?We expect an acceleration of organic and inorganic investments in family office style capabilities; setting a new standard in the industry.” “Our clients’ expectations are evolving, and we want to expand our offering beyond traditional wealth management,” said Mike LaMena, chief executive officer of Wealthspire Advisors. “Wealthspire is committed to providing holistic and personalized services to our clients across the wealth spectrum. Judy and her team of professionals will go beyond bill pay services to streamline clients’ lifestyle needs.” “My team and I are excited to join Wealthspire. We share a common philosophy around client engagement – our mission is to develop personal and trusted relationships to help them achieve their life goals,” said Judith Heft, founder of Judith Heft & Associates. “We’re looking forward to being part of the integrated Wealthspire team that helps solve the complexities of our clients’ financial lives.” For transaction contacts, please click here: https://lnkd.in/giqezATw

INGO PAYMENTS ACQUIRES DEPOSITS INC., REDEFINING MONEY MOBILITY FOR BANKS AND CORPORATES WITH THE LAUNCH OF ITS MODERN MONEY STACK Alpharetta, Ga., September 5, 2024 – Ingo Payments, a trusted leader in account funding and disbursements solutions defined as Money Mobility, announced its acquisition of Deposits Inc., a provider of modern banking software tools and infrastructure. This acquisition accelerates the launch of its Modern Money Stack, which will enable banks, fintechs and brands to transform money flows into full, feature-rich accounts that foster new relationships, revenue streams, and utility, delivered in a modern, modular, compliant and cost-efficient way. For more information, click here: https://lnkd.in/gVaJTRFV

DAVIES’ NORTH AMERICAN GROWTH ACCELERATES AS IT SIGNS DEAL TO ACQUIRE MICHIGAN-BASED MINUTEMAN ADJUSTERS SARASOTA, U.S. – September 5, 2024 - Davies, the leading specialist professional services and technology company serving insurance and highly regulated markets today announced it has signed a deal to purchase the trade and assets of Minuteman Adjusters, a third-party administrator serving global insurance carriers and Lloyd’s syndicate insurers across the U.S. For more information, click here: https://lnkd.in/gnJTxunQ

C&R SOFTWARE ACQUIRES SPRINGFOUR, EXPANDING REACH OF FINANCIAL HEALTH SOLUTIONS Warminster, PA., September 4, 2024 –?C&R Software (“C&R”), the world’s leading Cloud-native end-to-end software and solutions provider for the complete credit risk lifecycle and a CORA Group company, today announced the acquisition of SpringFour, the first-of-its-kind, leading financial health fintech. This acquisition further expands C&R Software’s offerings in the financial health sector and supports the company’s mission to deliver comprehensive collections and recovery solutions to customers worldwide. For more information, click here: https://lnkd.in/gQbiVQZD