Deal adds $800 million in assets under management and 15 new employees to the firm
The transaction expands Exencial’s national footprint and supplements the firm’s service offering in areas such as customized investment management, holistic financial planning, trustee services and charitable giving. As a result of the deal, Exencial gains $800 million in assets under management as well as 15 new employees, including five CFA charterholders.
"We look forward to entering this next phase of the firm’s growth with the addition of Willingdon’s deep investment expertise and talent," said John Burns, CEO of Exencial. "More importantly, the team further supports Exencial’s guiding principles, including a dedication to collaboration, transparency and superior client service. We are confident this partnership will only enhance our client experience and ensure the continuity of our business for years to come."
Republic Capital Group and InCap Group served as advisors on the deal to Exencial Wealth Advisors and Willingdon Wealth Management, respectively. Additional information regarding the acquisition can be found here.
About Exencial Wealth Advisors
Exencial Wealth Advisors is an independent registered investment advisory firm offering fee-only, objective financial planning, investment management and tax planning counsel to senior corporate executives, institutions, entrepreneurs and their families. The firm strives to be a source of enduring value to clients by providing independent, unbiased and thoughtful recommendations based on their needs and objectives.
Gregory FCA for Exencial Wealth Advisors
Jill Fritz, 484-832-7034