Integrated Partners says that its affiliate Integrated Financial Partners has nearly doubled its assets with a new acquisition.
The addition of Wagner Resources Group boosted Integrated Financial Partners’ brokerage and advisory assets from $450 million to $810 million as of March 1, according to the firm.
As part of the transaction, two advisors — Phylyp Wagner of Wagner Resources Group and Matt Quattlebaum — joined Integrated Financial Partners, led by Leal Deddens and Shawn Wilson, Integrated Partners says.
Integrated Partners assisted with the transition, according to the firm.
“It would have taken months longer and cost us hundreds of thousands of dollars between lost revenue and additional cost without their expertise,” Wilson said in a statement.
The companies didn’t disclose the financial terms of the deal.
Integrated Financial Partners assists its clients with retirement distribution strategies, wealth accumulation planning, education funding, special needs planning, charitable gifting and life, disability and long-term care insurance, according to Integrated Partners.
Formed in 1996, Integrated Partners now has 160 advisors and 140 certified public accountants working out of 60 offices across the nation, the company says. The firm’s financial consultants are also registered representatives with and securities offered through LPL Financial, but the two firms are separate entities, according to Integrated Partners.
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