Beacon Pointe acquires $430 million RIA
Stonegate Capital Advisors will merge with the firm’s existing office in Scottsdale, Arizona.
Beacon Pointe Advisors, a Newport Beach, California-based registered investment adviser managing more than $12 billion, has acquired Stonegate Capital Advisors, an RIA managing $430 million in Scottsdale, Arizona.
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Stonegate Capital Advisors will merge with Beacon Pointe’s existing Scottsdale office while maintaining a second location in the southern area of the Scottsdale region.
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Jameson Van Houten, Stonegate’s sole principal, who founded the firm in 2002, has become the sixth partner in the Scottsdale office. Five team members join him in making the move.
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