Gryphon Advisors Joins Savant Wealth Management
Fee-Only RIA in Evanston Becomes Savant’s Eighth Chicagoland Office
ROCKFORD, Ill. (Oct. 1, 2025) — Savant Wealth Management, a fee-only registered investment adviser (RIA), announced it acquired Evanston, Ill.-based Gryphon Advisors, a fee-only RIA with approximately $557 million in assets under management (AUM). Founded in 2005 by D. Douglas Close, CPA, CFP®, Gryphon Advisors offers comprehensive financial planning to more than 100 high-net-worth clients, including a focus on tax planning and business consulting. M&A advisory firm FP Transitions facilitated the deal, which closed Sept. 30, on behalf of Gryphon Advisors. Savant did not disclose financial terms.
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Gryphon Advisors has seven employees, all of whom have transitioned to Savant. The firm’s three principals, Douglas Close, John Swee, CFP®, MBA, and Anthony Sapienza, CFP®, joined as member-owners.
“As Gryphon continued to grow, we knew we needed a partner who could help us scale operationally without compromising the high-touch, comprehensive planning experience our clients expect. Savant shares our belief that financial planning should lead the conversation, not sales. We also share an evidence-based investment philosophy and a client-first culture, so it was easy to see that Savant was the right fit for our team,” said Swee, who joined Gryphon after graduating from Northwestern University in 2008.
Savant founder and CEO, Brent Brodeski, CPA, CFP®, CFA®, MBA, said, “In addition to its planning-forward philosophy, Gryphon also brings an extensive tax practice to Savant, which is an important focus area for us. At a time when the accounting profession is shrinking in the U.S., we are committed to growing and bolstering tax-related capabilities within our advisory team, as well as our tax business.”
With offices in 20 states, Savant expands its presence in the Chicagoland area to eight offices, including Gryphon Advisors. Gryphon marks Savant’s fifth acquisition of 2025. In August, $1.2 billion PrairieView Partners, located in St. Paul, Minn., and $216 million Parkworth Wealth Management, a Los Gatos, Calif.-based boutique firm, specializing in advice to tech industry executives, joined Savant. In April, Savant acquired $1.15 billion, Rhode Island-based Corrigan Financial, and in June, Savant announced the addition of Brent Kalka, CFP®, AIF®, CPFA®, a tuck-in that added approximately $111 million in AUM.
About Savant Wealth Management
Savant Wealth Management is a leading independent, nationally recognized, fee-only firm serving clients for nearly 40 years with approximately $32.9 billion in assets under management and $1.3 billion in assets under advisement (as of 6/30/2025). As a trusted advisor, Savant Wealth Management offers investment management, financial planning, retirement plans, and family office services to financially established individuals and institutions. Savant also offers corporate accounting, tax preparation, payroll, and consulting through its affiliate, Savant Tax & Consulting, and estate planning document preparation and other legal services through its affiliated law firm, Savant Legal LLP.
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