SAN ANTONIO--(BUSINESS WIRE)--Covenant Multifamily Offices, LLC headquartered in San Antonio with offices in Dallas and Oklahoma City, announced the successful completion of its acquisition of Eggerss Capital Management, a financial planning and investment advisory firm located in Boerne, Texas. Effective May 1st, Eggerss Capital Management has initiated their transition to the Covenant brand.
“Eggerss Capital Management has experienced extraordinary growth over the last few years. We are thrilled about the opportunity to continue our expansion by joining Covenant, a team of like-minded professionals ready to serve clients with the same level of premium service we've always offered,” said Karl Eggerss, President and CEO of Eggerss Capital Management. “Covenant also brings additional resources to the table. We believe this is a perfect union of financial professionals ready to serve planning and investment needs at any level,” added Eggerss.
Karl Eggerss joins Covenant as an equity partner and will help guide investment strategy as a member of the Investment Committee. With the addition of six team members from Eggerss Capital Management, Covenant will have oversight of nearly $1.7B in assets under management. Covenant aims to continue their growth as they actively seek to align with like-minded advisors who share their core values.
“I am thrilled to welcome the Eggerss Capital team to the Covenant family. The Eggerss team has a great client-first service model, which resonates with our core values,” said John Eadie, Founder and CEO of Covenant Multifamily Offices. “We are excited about the opportunity to expand into the fast-growing Texas Hill Country by aligning with an organization that is passionate about living out our shared culture and core values every single day.”
For more information regarding the acquisition or the company, please visit www.covenantmfo.com or contact webcontact@covenantmfo.com.
About Covenant Multifamily Offices, LLC
Covenant’s promise is in its name. The wealth management firm exists to provide personally tailored financial guidance rooted in the key tenants of Lifestyle. Legacy. Philanthropy.® The Covenant team sets out each day to unburden individuals and families from the daily cares of financial management in order to empower them to pursue their passions and interests. Covenant serves clients at its offices in San Antonio, Boerne, Dallas, and Oklahoma City. More information on Covenant can be found by visiting www.covenantmfo.com.
