SageView to acquire $415 million RIA
The women-led Lakeview Wealth Management, which is based in Deer Park, Illinois, offers retirement and financial planning services.
SageView Advisory Group, a Newport Beach, California-based registered investment advisory firm overseeing $176 billion in assets, is acquiring Lakeview Wealth Management, a woman-led RIA firm overseeing $415 million in Deer Park, Illinois.
Terms of the transaction, which is expected to close by Dec. 1, were not disclosed.
The firm’s leadership, Judy VanArsdale, and Lisa VanArsdale, will join SageView’s wealth management team as managing directors and continue to be the team’s financial advisers. Kristy Whitaker, Katie Krettler, Heidi VanArsdale Little and Brooke Little will continue to round out this team.
The metro-Chicago based former LPL Financial affiliate offers retirement and financial planning services, SageView said in a press release.
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