M&A Deal Summary

AlphaCore Wealth Advisory Acquires Magnolia Lane Financial Advisors

On January 9, 2023, AlphaCore Wealth Advisory acquired business services company Magnolia Lane Financial Advisors

Acquisition Highlights
  • This is AlphaCore Wealth Advisory’s 1st transaction in the Business Services sector.
  • This is AlphaCore Wealth Advisory’s 1st transaction in the United States.
  • This is AlphaCore Wealth Advisory’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2023-01-09
Target Magnolia Lane Financial Advisors
Sector Business Services
Buyer(s) AlphaCore Wealth Advisory
Deal Type Add-on Acquisition

Target

Magnolia Lane Financial Advisors

Riverside, Connecticut, United States
Magnolia Lane Financial Advisors is a wealth advisory firm that offers a variety of services designed to help its clients achieve financial security. The firm utilizes its background in managing money for large institutions for clients' benefit. Magnolia Lane Financial Advisors was formed in 2015 and is based in Riverside, Connecticut.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

AlphaCore Wealth Advisory

La Jolla, California, United States
Category Company
Sector Business Services
DESCRIPTION

AlphaCore Wealth Advisory is a wealth advisory firm that combines sophisticated wealth planning techniques combined with investment management services prepared for the unique market environment investors face today. The firm supports its advisers with dedicated research, customizable models, client performance reporting tools, financial planning tools, and operational and marketing resources. In addition, all advisers benefit from support in legal and compliance, human resources, and hosted information technology. AlphaCore Wealth Advisory has offices in La Jolla, CA, Scottsdale, AZ, Greenwich, CT, Hilton Head, SC, and Sacramento, CA.

DEAL STATS #
Overall 1 of 2
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Connecticut) 1 of 1
Country (United States) 1 of 2
Year (2023) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-05 CWC

Chicago, Illinois, United States

CWC provides flexible, long-term capital solutions, and strategic advisory support to scaled wealth management platforms. CWC is based in Chicago, Illinois.

Buy -
Mergr

Product

Company

Legal