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Beacon Pointe Advisors Announces Acquisition of CDA Group and Essex Asset Management
January 13, 2021 GMT
Beacon Pointe Logo (PRNewsfoto/Beacon Pointe Advisors)
NEWPORT BEACH, Calif., Jan. 13, 2021 /PRNewswire/ Beacon Pointe Advisors (“Beacon Pointe”), one of the country’s largest independent comprehensive wealth advisory firms, wraps up the year announcing two additional mergers involving CDA Group, LLC (“CDA Group”), a wealth management firm with approximately $510 million in client assets, and Essex Wealth Management (“Essex”) with $110 million AUM, taking Beacon Pointe’s acquisition deal count to three this past month. Essex is based in Vero Beach, Florida currently serving an UHNW client base and brings to Beacon Pointe Kerstin Murphy and Michael Himmel. CDA Group is located in Greenville, South Carolina and represents clients throughout the Carolinas and beyond. CDA