\n The ACT Wealth Management team.\n <\/p>\n
\n The $71 billion firm\u2019s latest tuck-in lands as middle-market sellers face rising buyer selectivity and steeper equity demands\n <\/p>\n
Beacon Pointe Advisors has acquired ACT Wealth Management, a $637 million firm that specializes in airline pilots and their families.<\/p>\n
The Newport Beach, California-based registered investment advisor said Tuesday that the deal closed Oct. 31. It lifts Beacon Pointe\u2019s total assets under advisement to approximately $71 billion. Dan Archer, Brennan Cross and Ray Tanner founded ACT in 2010, and the firm has offices in Allen, Texas, and Raleigh, North Carolina.<\/p>\n
ACT\u2019s principals have worked with airline pilots, crew members and their families since 1996, well before the firm formally launched. Their work focuses on decisions specific to the profession, including weighing airline retirement benefits, choosing between early and traditional retirement, and timing distributions, required minimum distributions and Roth IRA conversions.<\/p>\n
\u201cACT brings experience with a client community whose retirement decisions require a close understanding of both employer benefits and broader family priorities,\u201d said Beacon Pointe CEO Matt Cooper.<\/p>\n
\u201cWhat drew us to Beacon Pointe was its ability to grow with our clients,\u201d said Archer, a partner and managing director.<\/p>\n
Read more:\u00a0The sky’s the limit for an adviser dedicated to working with airline pilots<\/a><\/p>\n Cross, also a partner and managing director, said the two firms had known each other for a long time. \u201cI would personally say that Beacon Pointe just feels like home to us after knowing Matt [Cooper] and keeping up with the firm\u2019s success for over 15 years now,\u201d he said.<\/p>\n ACT\u2019s clients will move onto Beacon Pointe\u2019s allWEALTH planning framework.<\/p>\n In February, Beacon Pointe named Matt Cooper CEO as co-founder Shannon Eusey moved to board chair<\/a>. Cooper had been president for 15 years. More recently in September, the firm\u00a0tapped BlackRock and Vanguard veterans for new C-suite roles<\/a>, welcoming Katie Cullen as chief growth officer and Sarah Green as chief risk and compliance officer.<\/p>\n Fidelity counted eight Beacon Pointe acquisitions in the first half of 2026, making it the second-most active dealmaker by Fidelity’s tracking behind Savant Wealth Management, which logged nine.\u00a0<\/p>\n Read more:\u00a0Acquired RIA assets nearly doubled in 2026, Fidelity finds<\/a><\/p>\n