The Mather Group, LLC (TMG), a family- and employee-owned wealth management firm with eight offices across the country announced today its acquisition of Glikman/Associates, a California-based financial advisory firm with $104.7 million in Assets Under Advisement (AUA). This deal marks the 10th acquisition in a little over two years for TMG, bringing its total AUA to over $8.4 billion*, in addition to recently being named one of 2021’s Top RIAs by Financial Advisor.**
Founded in 1990, Glikman/Associates (G/A) is currently co-owned by Karen D. Glikman, CFP® and M.C. Duboscq, CFP®, who will both be bringing more than 30 years of financial planning and investment experience to TMG. “Partnering with a tech-forward wealth management firm like TMG will bring a multitude of new opportunities to our clients, and I’m excited to be a part of the firm’s next chapter,” said G/A Founder Karen Glikman, CFP®.
“We’re looking forward to further expanding our San Francisco Bay Area presence with the help of Karen and M.C.’s leadership. Their deep financial planning experience will bring incredible intellectual capital to TMG, and their fee-only approach aligns with our culture,” says President and Head of Mergers & Acquisitions, Patrick Lawlor, CFA, CFP®.
TMG plans to continue its current momentum with several additional partner firm acquisitions by the end of this year. "Our goal is to continue to bring on clients organically and through acquisitions to become a significant-sized, national boutique firm in the RIA wealth management space," CEO Chris Behrens says.
The firm offers a comprehensive range of in-house services, including tax preparation, tax advice, portfolio management, concentrated stock management, risk assessment, estate planning guidance and comprehensive financial planning. Investment recommendations are not tied to commissions. Clients pay for the firm's experienced advice on a fee-only basis, typically as a percentage of assets under management. This approach helps align the interests of the firm and the client.
More About TMG
Headquartered in Chicago with offices in Atlanta, Houston, Dallas, Austin, Knoxville, Philadelphia Area, and San Francisco Bay Area. TMG is a fee-only firm serving primarily high net worth individuals. Founded in 2011 with $150 million in assets under advisement, TMG has grown to more than $8.4 billion in assets under advisement. TMG’s in-house attorneys, CPAs and other professionals simplify their clients’ lives by providing a comprehensive suite of services under one roof. TMG is a federally registered investment adviser under the Investment Advisers Act of 1940, as amended, providing discretionary and non-discretionary investment advice to clients. Visit us at www.themathergroup.com.
*Assets Under Advisement (AUA) consists of discretionary, non-discretionary assets and assets that we advise on but do not directly manage as of 9.30.21.
**Rankings are based on voluntary, non-fee paying surveys. Each organization establishes its own criteria for inclusion. Information is accurate as the date of this press release, and no obligation nor intention to make updates or corrections exist.
View source version on businesswire.com: https://www.businesswire.com/news/home/20211005005306/en/
Contacts
Natalya Varkey, n.varkey@themathergroup.com
