Bridgeworth Wealth Management to join forces with Savant Wealth Management
Cover image: Brian Hinson, CFP®, CPA/PFS, ChFC® of Bridgeworth Wealth Management
Nationally recognized Bridgeworth Wealth Management announced plans to join Savant Wealth Management, a fee‐only registered investment advisor (RIA) with nearly $21 billion in assets under management (AUM). Bridgeworth, which has 58 employees and an AUM of approximately $2.2 billion, will mark Savant’s first partnership in Alabama and will serve to strengthen the firm’s southeastern footprint. The two firms have signed a definitive agreement and expect to close before year end.
Bridgeworth co‐founder DeLynn Zell, CFP®, will continue to lead the Alabama offices as well as serve in a leadership role at Savant. Zell and current Bridgeworth partners will become member‐owners in Savant as well as five newly announced partners also joining Savant as member‐owners. The entire Bridgeworth team will join Savant, and the Birmingham and Huntsville offices will remain in their current locations.
“Partnering with Savant fits ideally into the trajectory of our strategic plan,” said Zell, who co‐founded Bridgeworth in 2008. “Our desire is to offer clients industry‐leading client‐facing technology and expanded services, including tax planning and preparation and family office resources,” Zell added. “We are highly aligned in our approach to planning, investments, client service and core values, and look forward to becoming a part of the Savant team.”
“DeLynn and the Bridgeworth team embody all the characteristics we look for in a strong partner,” said Brent Brodeski, CPA, CFP®, CFA®, MBA, chief executive officer of Savant. “As we grow, we are focused on positioning our firm with best‐in‐class talent, processes, and technology, while seeking to enhance our culture of excellence and client‐first principles. As the 2023 InvestmentNews #1 ‘Best Place to Work’ for RIA firms in the country1, Bridgeworth is an excellent fit, and we are proud to welcome their team to Savant.”
Savant and Bridgeworth are both independent with a strong commitment to staying independent. Savant is distinguished by its employee ownership, and Bridgeworth is taking a significant equity stake with several staffers joining as member‐owners. In addition to Zell, Bridgeworth’s existing partners include Bridgeworth co‐founder, Wayne Harris, CFP® and Brian Hinson, CFP®, CPA/PFS, ChFC®, who will continue to oversee the Huntsville market; Patti Black, CFP®, CSA®; Sam Fitch®; Jeris Gaston, CFP®; William Hocutt, CFP®, CPA; Zach Ivey, CFP®, CFA®, ChFC®; Jeff McCormack, CFP®; and Jenny Sneed, CFP®. Joining this group as member‐owners in Savant are Stephen Gunter, CFP®, MS; David LeCompte, CFP®, CRPC®, CFS®, RICP®; Jonathan Millican, CFP®; David Ward, CFP®; and Stewart Whitt, MS, CFP®, CRPC®.
The addition of Bridgeworth will expand Savant’s national footprint to 14 states and 37 offices. Bridgeworth represents Savant’s second largest acquisition of 2023.
For more information, please visit bridgeworthfinancial.com.
The above story is a paid editorial from Bridgeworth Wealth Management. For more information, please visit Bridgeworth Wealth Management’s website here.
