Steward Partners, a full-service, employee-owned, independent financial services firm, announced the acquisition of Consilium Wealth Management, adding $1.1 billion in assets to its platform within the Legacy Division.
The inclusion of Partner John H. Seo and his approximately ten-member team from Consilium Wealth Management enhances Steward Partners’ presence in Northern California, further advancing its strategic expansion within the Bay Area.
Founded in 2010, Consilium Wealth Management caters to high-net-worth individuals and families in Northern California. The team, with over 50 years of combined experience, provides comprehensive financial planning and investment management services tailored to each client’s unique objectives.
Consilium’s approach integrates investment, tax, and estate planning strategies to align wealth with values and long-term goals. And Consilium additionally manages client portfolios exceeding $10 million in assets and operates an affiliate company, Simplex Wealth Management, focused on client portfolios of $1 million or more in assets.
Seo brings over 25 years of experience in financial planning. As a CFP professional and UC Berkeley economics graduate, Seo is renowned for his holistic planning approach and dedication to educating clients to achieve long-term financial goals. Before founding Consilium, he held leadership positions at a Walnut Creek-based advisory firm and began his career at Merrill Lynch and Prudential Financial.
Steward Partners’ Legacy Division supports established advisory teams seeking a long-term succession and continuity solution while preserving their brand and client relationships. It provides a flexible framework enabling advisors to maintain their identity while utilizing the scale, resources, and operational support of a national firm. This division is particularly suited for advisors planning retirement, team transitions, or strategic growth.
Since its founding in 2013, Steward Partners has firmly established itself as one of the industry’s most rapidly growing and influential RIA firms.
KEY QUOTE:
“John and his team at Consilium represent exactly the kind of exceptional talent we’re attracting as we build something truly special within Steward Partners’ Legacy division. This isn’t about transactions—it’s about relationships. We’re intentionally designing a culture where top-tier advisors identify the value in joining us because of the infrastructure, support, and future-forward vision we offer. John’s expertise and the high-caliber clients he serves are a testament to the momentum we’ve built, and adding this incredible team accelerates that trajectory even further.”
Scott Danner, EVP & Head of Legacy at Steward Partners
