Beacon Pointe Adds Three Teams, Tops $70B in Assets Now

schedule 2 Min Read Beacon Pointe Advisors is adding a trio of advisory teams collectively overseeing about $1.2 billion in client assets. The firm is closing deals with WorthPointe Financial Planners, a California- and Texas-based firm overseeing about $1 billion in client assets; Silver Lake Capital Partners, a Texas-based team with $200 million in assets under management; and R Meier Wealth Management, a $150 million AUM firm.

According to Beacon Pointe CEO Matt Cooper, the firms shared “a deep commitment to their clients and a belief in the value of comprehensive financial advice,” and Beacon Pointe was excited about “expanding the resources available to the clients and communities they serve.” The deals will bring Beacon Pointe’s total assets under advisement to about $70 billion.

WorthPointe works with individuals and families offering financial planning, investment consulting, estate planning, asset protection, charitable giving and employer-sponsored retirement plan guidance, among other services. The firm was founded in the early 2000s and has locations in Austin and Tyler, Texas, as well as San Diego and Orange County, Calif.

Related: Wealthspire Division Acquires $1B Wealth Manager in London Silver Lake Capital Partners is based in Dallas and was formed in March 2013 for individuals, families, foundations and retirement plans. Partner and Managing Director David Malleck leads it. According to SEC records, Malleck spent 27 years affiliated with Raymond James before registering with Silver Lake in 2024.

Malleck said Beacon Pointe hit the marks the firm sought in a buyer, including “a strong culture across both the home office and local teams, a robust technology platform and a growth-oriented mindset.” Meanwhile, R Meier Wealth Management was founded in 1995 and works with individuals and families in Fort Atkinson, Wis., offering services including tax, retirement, estate and trust planning, as well as customized portfolios and financial planning.

The WorthPointe, Silver Lake and R Meier acquisitions formally closed on Oct. 15, Sept. 15 and July 1, respectively.

Turkey Hill Management advised on the WorthPointe deal, while Dalphia Partners did the same for the R Meier acquisition. Last month, Beacon Pointe added two new executives to its C-Suite. BlackRock alum Katie Cullen joined the firm as chief growth and integration officer, while Sarah Green departed Vanguard to join Beacon Pointe as its chief risk and compliance officer.

Cullen will oversee the firm’s Practice Management, M&A and Strategic Integration teams in the new role, About the Author Senior Reporter, Wealth Management Patrick Donachie is a senior reporter for Wealth Management , covering federal and state regulation, litigation and M&A deals in financial services.

Patrick was born in Staten Island, and now lives in Brooklyn, N.Y.