Beacon Pointe Advisors has announced the acquisition of The Family Firm, a Bethesda-based registered investment adviser (RIA) managing $857 million in assets, marking a significant milestone in Beacon Pointe’s continued national expansion.
The addition strengthens Beacon Pointe’s foothold in the Mid-Atlantic region while reinforcing its long-standing commitment to advancing female leadership within the wealth management industry.
With this acquisition, Beacon Pointe’s total assets under advisement (AUA) rise to approximately $49 billion, representing the firm’s tenth transaction in 2025. The deal also enhances the firm’s allWEALTH platform—Beacon Pointe’s holistic wealth management framework designed to deliver integrated investment, planning, and advisory solutions nationwide.
Founded over four decades ago, The Family Firm has built a reputation for its deeply personal approach to wealth management. The 10-person team is known for helping professionals and business owners navigate complex financial decisions and for guiding women through significant life transitions with empathy and precision. Led by Kate Fries, CFP, CDFA, and Stacy Bakri, CFP, CDFA, the firm’s strong female leadership and client-centered philosophy align closely with Beacon Pointe’s Women’s Advisory Institute, which focuses on empowering women investors and fostering inclusive financial guidance.
Under Beacon Pointe’s umbrella, The Family Firm’s clients will gain access to expanded national resources, advanced technology, and a broader suite of financial planning tools, while maintaining the boutique service and personal relationships that have defined the firm for decades. The partnership also extends Beacon Pointe’s regional presence across Maryland and the broader East Coast corridor.
KEY QUOTES:
“As we got to know Beacon Pointe’s leadership and shareholders, it was clear that they truly understand many of the unique challenges independent advisory firms face. Their creative problem-solving abilities, collaborative nature, and firm commitment to putting clients first give Kate and me great confidence that this partnership will only deepen the personalized care and support our clients have always counted on, trusted, and appreciated.”
Stacy Bakri, CFP, CDFA, Partner and Managing Director, The Family Firm
“The Family Firm’s female-led and family-rooted approach mirrors what we truly value, which is a business model that is deeply personal, community-focused, and built to last. We are excited to join forces and continue shaping the future of wealth management together.”
Shannon Eusey, Chief Executive Officer, Beacon Pointe Advisors
“At Beacon Pointe, we strive to be a home that like-minded firms choose – those who share our mission of client-first guidance and a people-centered culture. The Family Firm’s values align seamlessly with ours, and this partnership sets the stage for long-term success.”
Matt Cooper, President, Beacon Pointe Advisors
