Beacon Pointe Advisors announced the acquisitions of MGB Wealth Management and Pacifica Wealth Advisors, adding a combined $695 million in client assets and further expanding its national footprint.
The transactions closed in February 2026, with Pacifica Wealth Advisors completing its deal on February 15 and MGB Wealth Management finalizing its acquisition on February 28. Both firms have adopted the Beacon Pointe brand following the transactions.
With these additions, Beacon Pointe continues to oversee approximately $62 billion in client assets under advisement, reinforcing its position as one of the largest registered investment advisers in the United States.
MGB Wealth Management, which manages approximately $475 million in assets, has joined Beacon Pointe’s Dallas operations as the firm’s tenth partnership in the market. The firm brings deep roots in the Dallas–Fort Worth region and a longstanding focus on serving high-net-worth individuals and families through customized investment portfolios and long-term client relationships.
Pacifica Wealth Advisors, managing about $220 million in assets, has partnered with Beacon Pointe’s Newport Beach team. The firm is known for advising clients through major financial transitions, including retirement planning and sudden wealth events, while emphasizing fiduciary guidance and personalized financial strategies.
The acquisitions are part of Beacon Pointe’s broader strategy to scale its platform and deliver its allWEALTH® approach to a growing national client base. The firm continues to expand through targeted partnerships that align with its client-first philosophy and integrated wealth management model.
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“What stood out immediately was their shared commitment to putting clients first and delivering thoughtful, long-term financial guidance. MGB’s experience, values, and dedication to building lasting relationships align perfectly with the way we serve families and businesses in our community. By bringing our teams together, we’re reinforcing our ability to provide comprehensive planning, investment insight, and personalized service. We’re looking forward to growing together and continuing to help our clients navigate their financial futures with confidence.”
Michael Beck, Partner And Managing Director At Beacon Pointe Advisors
“For more than 35 years, our focus has been helping clients grow and preserve their wealth while building relationships grounded in trust. Beacon Pointe shares that same client-first philosophy, and we’re excited to join a firm that enhances the resources and support available to our clients.”
Michael G. Bailey, Founder Of MGB Wealth Management
“Michael Bailey and his team joining Beacon Pointe enhances our momentum in the fast-growing Dallas–Fort Worth market, an important hub for our continued expansion. With this becoming our tenth acquisition in Texas, we’re excited to further elevate our personalized service and support the increasing needs of clients in the area.”
Matt Cooper, President Of Beacon Pointe Advisors
“I spoke with more than fifteen fiduciary firms before making this decision. Beacon Pointe stood out from the first conversation. I specialize in sudden wealth — clients navigating business sales, liquidity events, inheritances — and they need more than a portfolio manager. They need tax strategy, estate planning, and legal guidance working together. Beacon Pointe has all that in-house. My clients are spread across the country, and I needed a partner with real national reach to match. I’m excited about what I can now bring to clients — and I’m just getting started.”
Robert Pagliarini, Partner And Senior Wealth Advisor At Beacon Pointe Advisors
“Robert Pagliarini’s expertise in sudden wealth transitions, coupled with his strong presence near our headquarters, creates a powerful combination for Beacon Pointe. His client-centric approach and broad reach will further enhance our ability to deliver comprehensive guidance and a sophisticated client experience.”
Shannon Eusey, CEO Of Beacon Pointe Advisors
