The Berry Group, a Worcester, Massachusetts-based registered investment adviser managing $625 million, has merged into Moneta, a St. Louis-based RIA managing almost $24 billion.
The expansion marks Moneta’s first foray into the Northeast, the firm said in a release.
Moneta expects to expand into other markets “where like-minded advisors who appreciate the concept of shared equity in a member-owned RIA express interest in joining,” Eric Kittner, the firm’s managing partner and chairman, said in the release.
The managing principals of The Berry Group, Sarah Berry and Michael Machnowski, will become partners at Moneta.
[Slideshow: Top 10 firms for adviser moves]
Integrated Partners is adding a mother-son tandem to its network in Missouri as Kestra onboards a father-son advisor duo from UBS.
Futures indicate stocks will build on Tuesday's rally.
Cost of living still tops concerns about negative impacts on personal finances
Financial advisors remain vital allies even as DIY investing grows
A trade deal would mean significant cut in tariffs but 'it wont be zero'.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
