{"id":770036,"date":"2026-07-18T10:10:20","date_gmt":"2026-07-18T10:10:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/770036\/"},"modified":"2026-07-18T10:10:20","modified_gmt":"2026-07-18T10:10:20","slug":"beacon-pointe-acquires-1-2b-female-led-ria-firm","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/770036\/","title":{"rendered":"Beacon Pointe Acquires $1.2B Female-Led RIA Firm"},"content":{"rendered":"<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Beacon Pointe Advisors, a Newport Beach, Calif.-based registered investment advisor, has grown its client asset base to about $55 billion with its acquisition of Hemington Wealth Management, a Falls Church, Va.- and Chicago-based RIA with about $1.2 billion in client assets. This represents Beacon Pointe\u2019s 12th deal this year, and its fifth female-led team.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Hemington focuses on serving high-net-worth women. The 16-member team is led by <a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" href=\"https:\/\/www.wealthmanagement.com\/career-moves\/the-path-to-ownership\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">Eileen O\u2019Connor<\/a> and Jen Dawson.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">\u201cFrom our earliest conversations, it was clear that Beacon Pointe shares our passion for empowering women and delivering thoughtful, values-driven advice,\u201d Dawson said in a statement.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">This follows news from last month that Beacon Pointe <a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" href=\"https:\/\/www.wealthmanagement.com\/ria-news\/beacon-pointe-bip-wealth-raymond-james-unveil-850m-deals\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">acquired The Family Firm<\/a>, another female-led firm with $857 million in assets based in Bethesda, Md. Also last month, the <a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" href=\"https:\/\/www.wealthmanagement.com\/ria-news\/beacon-pointe-to-add-944m-boston-area-ria\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">RIA made a deal with Waltham, Mass.-based Sensible Financial Planning<\/a>, with $944 million in AUM, in a push to continue expanding on the East Coast.<\/p>\n<p data-component=\"related-article\" class=\"RelatedArticle\">Related:<a class=\"RelatedArticle-RelatedContent\" href=\"https:\/\/www.wealthmanagement.com\/ria-news\/ria-q-a-how-a-12-year-succession-plan-helped-with-growth-at-hb-wealth\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">Q&amp;A: How a 12-Year Succession Plan Helped HB Wealth Grow<\/a><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">In July, it announced the completion of a six-deal acquisition spree in 60 days that <a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" href=\"https:\/\/www.wealthmanagement.com\/ria-news\/-47b-beacon-pointe-acquires-6-firms-in-60-days\" target=\"_self\" data-discover=\"true\" rel=\"nofollow noopener\">added $2.7 billion in client assets<\/a>. Beacon Pointe now has more than 650 employees and over 80 offices nationwide.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Beacon Pointe is the country\u2019s largest female-led RIA, with Shannon Eusey at the helm as CEO. The firm is also backed by private equity giant KKR, which announced its investment in November 2021.<\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\">Advisor Growth Strategies advised Hemington on the transaction.<\/p>\n","protected":false},"excerpt":{"rendered":"Beacon Pointe Advisors, a Newport Beach, Calif.-based registered investment advisor, has grown its client asset base to about&hellip;\n","protected":false},"author":2,"featured_media":770037,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[28,147,530],"class_list":["post-770036","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\/770036","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=770036"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/770036\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/770037"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=770036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=770036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=770036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}