Beacon Pointe Advisors acquires The Financial Advisors with $1.2B in assets
Andover, MA · Newburyport, MA
Summary
Beacon Pointe Advisors acquired The Financial Advisors, an employee-owned RIA in Andover and Newburyport, Massachusetts with $1.2 billion in assets under management and 11 professionals led by Michael Kumph; the acquisition closed January 15, 2026.
Sources
6  beaconpointe.com | $1.2B RIA Chooses Beacon Pointe Advisors for Its Next Phase of Growth · February 24, 2026 |
| PR Newswire | $1.2B RIA Chooses Beacon Pointe Advisors for Its Next Phase of Growth · February 24, 2026 |
 InvestmentNews | RIA moves: Beacon Pointe adds $1.2B ensemble to bolster Northeast footprint · February 24, 2026 |
 AdvisorHub | Beacon Pointe Scoops Up Massachusetts RIA Managing $1.2 Billion · February 24, 2026 |
 Wealth Management | Beacon Pointe Acquires $1.2B New England RIA · February 24, 2026 |
| Wealth Management | Deals & Moves: EP Wealth, Captrust Pen 3rd Deals of 2026 · February 27, 2026 |
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