$16B Atlanta-based RIA adds leader focused on strategic acquisitions and advisor additions
ATLANTA — April 22, 2024 —Homrich Berg (HB), a leading Atlanta-based RIA serving families and investors across the country from its offices in the Southeast, welcomes Andrew Page as Head of Corporate Development. HB created this new position to add a leader with Page’s dealmaking experience, signaling the $16 billion enterprise firm’s continuing focus on growth by acquisition.
With a foundation in deal execution, business development, and strategic advisement in the wealth management industry, Page comes to HB to focus on fostering relationships with RIA firms and advisor teams which lead to partnerships aligning with the firm’s values. Prior to joining Homrich Berg, Page was a Director and Partner at Ancora Holdings Group where he led their M&A efforts and other strategic initiatives. He previously was a member of the investment team at Focus Financial Partners focused on the financial services industry leading all phases of the deal process from sourcing to execution and relationship management.
“Homrich Berg planted its flag 35 years ago in fee-only, fiduciary service and has built a reputation as one of the industry’s leading firms. Its commitment to holistic client service is a powerful starting point for any acquisition or partnership,” Page said. “The management team here is excellent, and HB’s thoughtful approach to growth creates a strong foundation for future strategic acquisitions.”
Page’s appointment as Head of Corporate Development comes as strong M&A activity in the RIA industry continues to defy headwinds. In the current deal climate, advisors seek strategic partners that see eye-to-eye on client service, long-term sustainability, and cultural alignment.
“We knew we needed a seasoned leader like Andrew, who understands both the M&A marketplace and the type of professionals who will align closely with HB,” said Thomas Carroll, President and CEO of Homrich Berg. “He joins us at an important point in our history as we continue to seek firms and advisors who are aligned with our values and value the benefits of joining our firm.”
This hire comes on the heels of Michael A. Woocher joining HB’s executive team as Chief Advisory Officer with a dedicated focus on leading advisors and client experience.
About Homrich Berg
Founded in 1989, Atlanta-based Homrich Berg is a national independent wealth management firm that provides fiduciary, fee-only investment management and financial planning services, serving as the leader of the financial team for our clients, including high-net-worth individuals, families, and not-for-profits. Homrich Berg manages over $16 billion for more than 3,500 family relationships nationwide. This document is not a recommendation.
Contact:
Haley Rosa
Gregory FCA for Homrich Berg
610-228-2805
haley@gregoryfca.com
Did Anything Change During The Government Shutdown?
Last month, we talked about the potential data vacuum of no inflation or jobs reports…
Read More