In Brief: Business

In Brief: Business


Stock photo.

Savant Wealth Management to acquire AMDG Financial, Business Advisory

ROCKFORD — Savant Wealth Management, a nationally recognized, fee-only wealth management firm headquartered in Rockford, announced it has entered into an agreement to acquire AMDG Financial and AMDG Business Advisory Services.

AMDG Financial is a fee-only RIA serving almost 300 clients, and AMDG Business Advisory Services is a tax and accounting firm.  

Both businesses are located in Plymouth, Michigan. The acquisition will expand Savant’s national foot print and mark the firm’s formal entry into the Michigan market.

In 2019, Savant announced its approach to RIA acquisitions, assembling a team of seasoned mergers and acquisitions leaders to assist with its acquisition strategy and goal of improving 1 million lives in 25 years. This M&A approach, combined with a unique capital structure, has enabled Savant to sustain a competitive advantage in securing lasting partnerships with firms seeking an alternative to RIA aggregators and short-term roll-up firms backed by private equity.

Northern Illinois Hospice earns Gold Seal of Approval

ROCKFORD — Northern Illinois Hospice recently earned The Joint Commission’s Gold Seal of Approval for Home Care Accreditation by demonstrating compliance with its performance standards.

Source link