Maridea Wealth Management announced that it has acquired Ashford Investment Advisors, a Daytona Beach, Florida-based wealth management firm. Ashford Investment Advisors has approximately $180 million in assets under advisement and management. The transaction establishes Maridea’s first practice in Florida.
The acquisition continues Maridea’s strategy of partnering with entrepreneurial advisors who share its focus on client-first service and disciplined investment management.
Republic Capital Group served as the exclusive advisor to Ashford Investment Advisors.
Ashford Investment Advisors is led by owner and lead advisor Kathleen Dulko. Dulko purchased the firm from its founders, her parents Mike and Sue Walsh, and has continued building on the practice’s legacy in the Daytona Beach community.
Under Dulko’s leadership, Ashford has expanded its reputation as an independent practice focused on traditional wealth management and retirement management services.
Ashford clients will continue working with the same advisor team in the same Daytona Beach office. They will also gain access to Maridea’s proprietary tax services, expanded investment research capabilities, and broader planning infrastructure.
Maridea is an SEC-registered investment advisor providing financial, investment, tax, and business advisory services to individuals, families, and business owners nationwide.
With the addition of Ashford, Maridea has eight offices and more than 50 professionals managing approximately $1 billion in assets.
KEY QUOTES:
“Joining Maridea was the clearest path to giving our clients more — more depth, more capabilities, and more continuity for the years ahead. My parents built this firm on the principle that retirement planning has to be done with both rigor and humanity. Maridea understands both. Maridea’s deep in-house talent, entrepreneurial culture, and fast-paced environment fit my ambitions for this practice — to keep growing it and to bring meaningfully more capabilities to our clients in the years ahead.”
Kathleen Dulko, Owner of Ashford Investment Advisors
“Kathleen is exactly the kind of advisor and entrepreneur we want more of in this industry. Maridea is going to keep partnering with high-quality independent practices, and that means being honest that our industry needs more women advisors, more women entrepreneurs, and more female-led firms. Kathleen has built something exceptional in Daytona Beach, and we’re proud to have her as our first advisor in Florida.”
Mier Wang, Founder and CEO of Maridea
