Savant Wealth Management announced a partnership with Richard Brothers Financial Advisors. The partnership closed on June 30, 2026. Financial terms of the transaction were not disclosed. Richard Brothers Financial Advisors is a registered investment adviser based in South Portland, Maine. The firm has approximately $240.4 million in assets under management.
The partnership marks Savant’s first office in Maine. With the addition of Richard Brothers Financial Advisors, Savant now has 70 offices across 28 states. Richard Brothers Financial Advisors was founded in 1996 by brothers Randall Richard and Neal Richard.
Randall Richard serves as President and Chief Compliance Officer, and Neal Richard serves as Principal and Chief Operating Officer.
The firm serves business owners navigating transitions, families, executives, and retirees throughout Maine.
Richard Brothers Financial Advisors is known for its Whole Picture Planning approach, which integrates investment management, retirement planning, tax considerations, risk management, and long-term life goals into a unified strategy.
Randall Richard and Neal Richard will join Savant as member-owners.
Director of Client Relations Zachary Lauzon and Director of Internal Operations Laura Linscott will also join as member-owners.
The rest of the Richard Brothers team will join Savant as employees.
Clients will continue working with the same team from the same South Portland office.
Savant said Richard Brothers’ focus on business owners and transition planning will add depth to its capabilities in the region.
Clients of Richard Brothers will gain access to Savant’s broader platform, including investment management, comprehensive financial planning, retirement plan services, family office solutions, advanced estate planning and wealth transfer strategies, trust services, and tax planning and preparation through Savant Tax & Consulting.
Savant Wealth Management is a fee-only registered investment adviser. The firm serves clients with approximately $55.7 billion in assets under management and $1.5 billion in assets under advisement as of June 30, 2026.
Savant provides investment management, financial planning, retirement plan services, and family office solutions to individuals and institutions. The firm also offers corporate accounting, tax preparation, payroll, and consulting services through Savant Tax & Consulting, as well as estate planning document preparation and related legal services through Savant Legal.
Support: FP Transitions served as M&A consultant and valuation advisor to Richard Brothers.
KEY QUOTES:
“Richard Brothers Financial Advisors has spent 30 years committed to building something exceptional in Maine. Their Whole Picture Planning philosophy is a natural complement to how Savant serves clients, and their specialty in guiding business owners through transition can help add real depth to our capabilities in the region. We are thrilled to welcome Randy, Neal, and their entire team to Savant.”
Brent Brodeski, Founder and CEO of Savant Wealth Management
“We evaluated this decision the same way we help our clients evaluate theirs, by looking at the full picture. Savant stood out because of its alignment with our values, its planning-driven philosophy, and the breadth of resources it can help bring to our clients. This partnership allows us to continue doing what we do best while giving our clients access to a much deeper bench of specialists and services.”
Randall Richard, President and CCO of Richard Brothers Financial Advisors
“Our clients will continue working with the same team, from the same office, with the same focus on their long-term goals. What changes is the depth of what we can offer them. That is something we are genuinely excited about.”
Neal Richard, Principal and COO of Richard Brothers Financial Advisors
