Beacon Pointe Advisors has acquired The Financial Advisors, a $1.2 billion AUM registered investment adviser based in Andover and Newburyport, Massachusetts, strengthening its presence across the New England market. Following the transaction, Beacon Pointe oversees approximately $62 billion in total client assets under advisement.
The acquisition enhances Beacon Pointe’s East Coast expansion strategy and broadens the delivery of its allWEALTH® services platform. The Financial Advisors, founded in 1992, operates with an 11-person team offering investment management, tax planning, and retirement planning services. The firm serves business owners and multi-generational families and is structured as an employee-owned organization, emphasizing long-term client alignment and continuity.
Beacon Pointe said the integration expands its regional planning expertise while reinforcing its fiduciary-focused, client-first model. The firms cited cultural alignment, shared planning philosophies, and a mutual focus on comprehensive wealth management as key drivers of the transaction.
The deal formally closed on January 15, 2026. Turkey Hill Management served as advisor to The Financial Advisors in the transaction.
Beacon Pointe now supports approximately $62 billion in client assets under advisement, including roughly $59.8 billion in assets under management and $2.5 billion in assets under advisement, across more than 90 offices nationwide with over 750 team members.
KEY QUOTES
“Our entire team is very excited to join Beacon Pointe Advisors. We were thrilled to find a partner that values the client experience and planning process as much as our firm has for over 30 years. Joining forces with Beacon Pointe offers us a great opportunity to collaborate with new team members while focusing on our top priority – client relationships.”
Michael Kumph, CFP, Partner and Managing Director, The Financial Advisors, LLC
“This partnership represents an important step in amplifying our presence in New England, a region that continues to be strategically significant for Beacon Pointe. We share The Financial Advisors’ approach to wealth management, which is to build long-term relationships and deliver comprehensive guidance. We’re proud to welcome this talented group who prioritize integrity, collaboration, and a high standard of client care.”
Matt Cooper, President, Beacon Pointe Advisors
“The Financial Advisors team brings a depth of experience and disciplined planning strategy that truly complements our broader organization. What stood out was the deliberate way they’ve built their practice, grounded in an unwavering commitment to clients and supported by a sophisticated, forward-thinking service offering. We look forward to supporting their continued growth and building on that strong foundation together.”
Shannon Eusey, Chief Executive Officer, Beacon Pointe Advisors
