Advisory M&A News – 8/5/2026

Blue Barn Wealth, Paragon Private Wealth Partner With Savvy

Savvy Advisors Inc., a registered investment adviser affiliated with Savvy Wealth Inc., added Blue Barn Wealth LLC and Paragon Private Wealth Management LLC to its growing network of independent advisers. The two firms bring $550 million in combined assets under management to the platform.

Blue Barn Wealth, headquartered in Orem, Utah, manages approximately $300 million in assets and serves more than 220 client households. The firm was founded in 1994 and was merged under its current ownership by Jeff Brimhall. Blue Barn offers tax planning, retirement planning, charitable giving strategies, estate planning coordination and alternative investments specialization. Additionally, Blue Barn services 401(k) plans for several companies.

Based in Franklin, Tennessee, Paragon manages approximately $250 million in assets. Founded by Allen Buckley, the firm provides integrated wealth management through investment management, financial planning, tax planning and tax preparation services.

Aspen Standard Wealth Acquires Denver Private Wealth Management

Aspen Standard Wealth LLC acquired Denver Private Wealth Management, a wealth management firm based in Denver that manages $550 million in assets.

Founded in 2014, Denver PWM LLC specializes in investment management, retirement planning, tax-efficient strategies and legacy planning.

Aspen lets its partner retirement investment advisers be led by their own management teams and retain their distinct culture and brand, according to Aspen’s website.

WestKai Private Wealth Joins LPL Strategic Wealth

Financial Adviser Don Harrell of Westkai Private Wealth LLC joined LPL Financial LLC’s supported independence model, LPL Strategic Wealth, from Morgan Stanley. Harrell’s team served approximately $400 million in advisory, brokerage and retirement plan assets as of year-end 2025.

Based in San Clemente, California, WestKai Private Wealth was founded by Harrell, who serves as CEO and private wealth manager. The team also includes Private Wealth Adviser Blake Davidson and Client Services Manager Cate Harrell. WestKai Private Wealth provides retirement planning, account management, comprehensive financial services, estate and legacy planning, alternative investment access and lending solutions. 

LPL Financial Holdings Inc. supports more than 32,000 financial advisers and approximately $2.3 trillion in brokerage and advisory assets.

Sequoia Financial Group Taps All Star Financial

Sequoia Financial Group LLC, an SEC-registered wealth manager, acquired All Star Financial LLC, a-Minnesota based independent wealth management firm. As of June 30, All Star Financial had $796 million in assets under management and an additional $566 million in retirement plan assets under advisement.

The firm’s 14 team members, including Founder and CEO Robert Klefsaas, will join Sequoia Financial and will remain involved in client service and integration.

Sequoia Financial had $34.9 billion in AUM as of June 30 and supports 11,500 client households.

Wealth Enhancement Buys Miramar Capital, Cloud Investments Advisory Businesses

Wealth Enhancement Group LLC acquired the investment advisory business of Miramar Capital LLC, an independent registered investment advisory in Northbrook, Illinois. Led by Founders and Senior Portfolio Managers Bob Kalman and Max Wasserman, the team managed more than $592 million in client assets as of July 28.

Founded in 2017, Miramar Capital serves high-net-worth individuals, business owners, executives, multi-generational families, corporations and foundations through a focused investment management offering.

In an unrelated transaction, Wealth Enhancement also acquired the investment advisory business of Cloud Investments LLC, an independent registered investment advisory with three Alabama offices. Led by Don Cloud, president and wealth adviser, the team of five advisers and six support professionals manage more than $462 million in client assets.

Founded in 2006, Cloud Investments provides comprehensive retirement planning, investment management, tax strategy, estate planning and risk management services.

Both acquisitions closed on July 31. Wealth Enhancement and its registered investment adviser, Wealth Enhancement Advisory Services, had $158.2 billion in client assets, including $5.5 billion in brokerage assets with Wealth Enhancement Brokerage Services, as of June 30.

LPL Adds Frank Patton, Kimberlee Mott of PacK Financial to Balmville Wealth Group

Financial Advisers Frank Patton and Kimberlee Mott of PacK Financial LLC joined Balmville Wealth Group LLC, an LPL-aligned wealth management firm, through LPL Financial LLC’s broker/dealer and registered investment adviser platforms. Joining from Cetera, they reported serving approximately $150 million in advisory, brokerage and retirement plan assets as of year-end 2025.

Based in Lexington, Kentucky, Patton and Mott bring a combined 45 years of industry experience.