Beacon Pointe Advisors has announced its latest partnership with Keeney Financial Group. This is Beacon Pointe’s first M&A deal in the mid-Atlantic region and in Maryland.
Based in Columbia, Maryland, KFG brings to Beacon Pointe about $560 million in client assets under management and a team of ten talented individuals, including KFG president and founder John Keeney, five wealth advisors and financial planners, and four operational and client service professional staff members.
John Keeney joins Beacon Pointe with decades of wealth management experience and is passionate about helping clients meet their planning, investment, and income goals. Keeney’s principles and work ethic were instilled by his parents and extended family early on when he worked in family businesses, where he learned the values of hard work, personal ethics, dedicated service, and building relationships.
And this early experience elevated his performance expectations and fueled his dynamic, entrepreneurial spirit. John holds numerous financial planning designations, including the Certified Private Wealth Advisor (CPWA), Certified Retirement Planning Counselor (CRPC), and Certified Retirement Plan Specialist (CRPS). And his commitment to service extends beyond the role of a wealth advisor, as John is passionate about partnering with local youth organizations and national charities to make a positive impact in the lives of many.
With nearly 500 employees nationwide, 50+ offices, and over $30+ billion in assets under advisement, Beacon Pointe continues to grow thoughtfully and look for like-minded partners.
The Keeney Financial Group deal closed on February 15, 2024. The financial terms of the agreement were not disclosed.
KEY QUOTES:
“Our focus for the past 25 years has been delivering innovative solutions in a concierge service model. In Beacon Pointe, we found a partner with shared values and an aligned vision of what matters most, the client! We are excited for what the scale and quality depth of bench will bring to the client experience on every front, including planning, investing, and communication.”
- John Keeney, CPWA, CRPC, CRPS, Beacon Pointe Managing Director, Partner, and former KFG president and founder
“John is a high-energy professional with a very impressive, young, and energetic team. Shannon (Eusey, Beacon Pointe CEO) and I both recognized this early in our conversations. The Keeney Financial team gives us a strategic presence between Baltimore and Washington D.C. metro areas, in a very attractive and affluent locale. We’re excited to support them and have them represent Beacon Pointe in the region.”
- Beacon Pointe President Matt Cooper
