{"id":750343,"date":"2026-07-08T11:02:09","date_gmt":"2026-07-08T11:02:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/750343\/"},"modified":"2026-07-08T11:02:09","modified_gmt":"2026-07-08T11:02:09","slug":"choreo-acquires-illinois-ria-with-700m-in-assets","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/750343\/","title":{"rendered":"Choreo Acquires Illinois RIA With $700M in Assets"},"content":{"rendered":"<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Choreo, the registered investment advisor created in 2022 when <a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" href=\"https:\/\/www.wealthmanagement.com\/industry\/private-equity-shop-parthenon-acquires-rsm-s-wealth-business\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">private equity group Parthenon Capital lifted out<\/a> the wealth management business of accounting firm RSM, has acquired the assets of Resource Financial Group, a Wilmette, Ill.-based RIA with about $700 million in assets.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Resource Financial Group consists of an eight-person team, specializing in helping business owners and families with business transitions, liquidity events and retirement. The firm is led by Peter M. Maris, founding partner, and Brian Pugal, partner. They\u2019re joined by a six-person client service team led by Alexandra Moise.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Maris founded the firm in 1996, while Pugal joined in 2002.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">This is the latest in a series of deals for Choreo this year, since Jason Van de Loo took over as CEO last July. It follows the acquisitions of affiliated RIAs <a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" href=\"https:\/\/www.wealthmanagement.com\/ria-news\/choreo-makes-first-acquisition-under-new-ceo\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">Northeast Financial Group and Herbein Financial Group<\/a>, and Insight Wealth Strategies, adding about $2 billion in AUM in 2026 so far.<\/p>\n<p data-component=\"related-article\" class=\"RelatedArticle\">Related:<a class=\"RelatedArticle-RelatedContent\" href=\"https:\/\/www.wealthmanagement.com\/ria-news\/goldman-s-ria-custody-making-gains-on-name-recognition-uhnw-focus\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">Goldman\u2019s RIA Custody Making Gains on Name Recognition, UHNW Focus<\/a><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">\u201cPeter and Brian have built a terrific business and earned deep trust by helping clients connect business planning with retirement and succession to preserve wealth,\u201d Van de Loo said in a statement. \u201cThe firm\u2019s work with closely held businesses in the Chicago area and beyond strengthens our ability to support teams that do complex planning work for builders of these kinds of unique enterprises and companies around the country.\u201d<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Over the last several years, Choreo has been building out its CPA partner program, the Choreo Partner Alliance, primarily by buying RIA subsidiaries of CPA firms. That includes RSM, <a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" href=\"https:\/\/www.wealthmanagement.com\/ria-news\/choreo-acquire-1b-cherry-bekaert-ria\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">Cherry Bekaert Wealth Management<\/a>, GreerWalker Wealth and the wealth management business of <a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" href=\"https:\/\/www.wealthmanagement.com\/ria-news\/exclusive-choreo-acquires-bdo-s-81b-wealth-management-business\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">BDO USA<\/a>. Choreo is also partnering with a number of CPAs that have not sold their RIAs to the firm.<\/p>\n","protected":false},"excerpt":{"rendered":"Choreo, the registered investment advisor created in 2022 when private equity group Parthenon Capital lifted out the wealth&hellip;\n","protected":false},"author":2,"featured_media":750344,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[28,147,530],"class_list":["post-750343","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/750343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=750343"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/750343\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/750344"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=750343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=750343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=750343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}