Savant Wealth Management Joins Forces with Treybourne Wealth Planners
Marks Second Midwest Acquisition Agreement this Summer
- Enters the Indiana market
- Expands Treybourne’s ability to assist clients beyond the core areas of investment management and retirement planning
- Furthers Savant’s commitment to enhancing the value proposition offered to clients, team members, and the communities it serves
Savant Wealth Management, a nationally recognized, fee-only wealth management firm headquartered in Rockford, today announced its plans to acquire Treybourne Wealth Planners, an Indiana-based registered investment advisory (RIA) firm. The partnership increases Savant’s Midwest footprint and marks the second definitive purchase agreement this summer. The acquisition of Michigan-based AMDG Financial and AMDG Business Advisory Services closed on June 30th.
Treybourne Wealth Planners, an approximately $321 million firm, has an office in Greenwood, Indiana, and offers customized wealth management, investment management, and retirement and tax planning services throughout Indiana and across multiple states. Founding Principal Martin Armbruster and Principal Stephanie Willison will join Savant’s group of member owners. The 26 specialists who make up Savant’s Wealth Strategy Team will greatly expand Treybourne Wealth’s ability to assist clients beyond the core area of investment management and retirement planning, including portfolio design, tax planning, estate and wealth transfer planning, and trust services.
“First and foremost, Savant’s growth strategy is based on partnerships that will make us and the industry better,” said Brent Brodeski, CEO of Savant. “The overall goal is to ensure we continue to enhance the service offerings we provide to clients. We have found the right partner with Treybourne Wealth Planners. We align culturally and our investment philosophies are similar. Plus, the level of talent and expertise they possess, paired with their desire to provide clients with enhanced tax planning and estate and trust services, provides for an ideal partnership.”
“The Treybourne Wealth team is delighted to join forces with Savant Wealth Management,” said Armbruster. “We have been working for several years to identify the best possible business succession plan – one that would allow us to provide the highest and best level of service to our clients and provide amazing opportunity for our team. Once we started working with the team at Savant, we knew we had found the best partner to meet all our needs.”
Savant’s ambitious plan for long-term growth expands beyond this summer’s new partnerships. The firm is continuing to identify RIA firms with strong talent and diverse areas of expertise that align with its corporate philosophies and are a good cultural fit. The acquisitions of AMDG Financial and AMDG Business Advisory Services and Treybourne Wealth Planners have further opened the door for future M&A opportunities for Savant throughout the Midwest.
A definitive purchase agreement between Savant and Treybourne Wealth became final on July 15, 2021 with the closing expected to take place on August 31, 2021.
Savant serves more than 6,500 clients, employs more than 220 team members, and manages more than $11 billion in assets.