CHICAGO--(BUSINESS WIRE)--The Mather Group (TMG), a family- and employee-owned wealth management firm with six offices across the nation and over $8 billion in assets under advisement, announced today it's acquiring Daniel Advisors, an Atlanta-based fiduciary-only firm with $110 million in assets under management (AUM). Daniel Advisors is a comprehensive wealth management practice, providing corporate executives with financial planning, portfolio management and tax compliance services.
“We’ve sat down with many potential buyers over the years,” says Daniel Advisors Founder Gregory Sloan, CFP®. “What differentiated TMG was that they have the mature tax infrastructure for executive clients, in addition to the scale to deliver best-in-class technology—but are committed to remaining a boutique firm. This commitment preserves the strong personal relationships and authentic culture we enjoy as a small business. We had no desire to join one of the Mega RIAs."
TMG Founding Partner Stewart Mather, who has been recognized as one of America’s Top 100 Independent Advisors by Barron’s, is excited to welcome Sloan and his team to their existing office in Midtown Atlanta. "Greg is a pioneer in the fee-only industry. He’s been delivering value-added tax services and comprehensive wealth management to corporate executives for decades.”
The deal closes within two months of TMG’s last transaction—their acquisition of RPH Financial Services, a fiduciary-only firm with $168 million AUM, located in northeastern Pennsylvania. At age 41, Mather continues to attract fee-only founders who prefer to align with a next-generation firm offering a long-term option for clients and stakeholders.
TMG provides comprehensive financial services to Fortune 500 executives, including tax preparation, tax advice, portfolio management, concentrated stock management, estate planning, and comprehensive financial planning. TMG’s proven success in this space, driven by their innovative technology platform and in-house CPAs, recently landed the firm the number 14 spot on Forbes Top 100 Wealth Managers of 2019 and the number one spot on Financial Advisor Magazine’s Fastest-Growing RIA Firms.
More About The Mather Group
Headquartered in Chicago with offices in Houston, Dallas, Atlanta, San Francisco Bay Area, and Philadelphia Area, The Mather Group is a fiduciary-only firm serving affluent and ultra-affluent families and individuals. Founded in 2011 with $150 million in assets under advisement, TMG has grown to over $8 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. www.themathergroup.com