Savant Wealth Management

Savant Acquires Virginia-Based Alliant Wealth Advisors

— Partnership Expands Presence in Virginia, Marks Savant’s First Acquisition of 2022 —

ROCKFORD, Ill. — Savant Wealth Management announced it has acquired Alliant Wealth Advisors, a Manassas, Virginia-based RIA firm with approximately $262 million in assets under management and assets under advisement. The acquisition, which closed June 30, is Savant’s first acquisition of 2022 and 12th in the firm’s history. Alliant Wealth Advisors, with offices in Manassas and Reston, is the largest fee-only firm and largest RIA firm in Prince William County. Savant has an existing office in McLean, VA.

The partnership with Alliant Wealth Advisors marks an early step in Savant’s five-year growth plan, which includes not only organic growth, but also an accelerated pace of mergers and acquisitions (M&A) transactions. Earlier this year, Savant announced it was strengthening its advisory leadership team and recruiting for several other key roles, including a head of M&A to enhance new partner optimization in the near future.

“Savant has been positioning itself for exponential growth since last year, when we received a strategic minority investment from Kelso & Company,” said Brent R. Brodeski, CPA, CFP®, CFA®, MBA, founder and CEO of Savant. “Instead of having to bootstrap each year to achieve our growth goals, we are now investing in technology, marketing, practice management, and top-tier talent, like the excellent team from Alliant Wealth Advisors,” he added.

“Our firms have a lot in common,” said John Frisch, CPA/PFS, CFP®, AIF®, PPC®, president of Alliant Wealth Advisors. “In addition to being committed to a fee-only, fiduciary standard of care for clients, both our firms share a ‘planning first’ mindset. Some firms tend to focus primarily on investments, but we realize that investments are just one component of our clients’ total financial wellbeing.”

Frisch and Senior Advisor Jeff Schatz will become member-owners in Savant. Alliant Wealth Advisors also includes a Qualified Plans division, which works with employers to develop retirement plan benefits and provides resources to help companies educate workers about their retirement plans. Alliant’s Qualified Plans division will become a part of Savant’s Retirement Plan Services division.

Savant’s approach to M&A helps advisors and firms create ideal futures – not just for clients, but also for employees. Using a selective process, Savant focuses on like-minded firms with top talent and a desire to grow, address succession planning needs, obtain liquidity, and enhance their value proposition to clients and team members.

“Our partnership with Alliant Wealth Advisors reflects our commitment to build the best operating company collectively and together,” said Brodeski. “We are not an aggregator or a financial buyer, and we look forward to leveraging the talented team at Alliant as we pursue our growth goals.”

About Savant Wealth Management

Savant Wealth Management is a leading independent, nationally recognized, fee-only firm serving clients for over 30 years. As a trusted advisor, Savant Wealth Management offers investment management, financial planning, retirement plan 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.

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Savant Wealth Management (“Savant”) is an SEC registered investment adviser headquartered in Rockford, Illinois. Past performance may not be indicative of future results. Different types of investments involve varying degrees of risk. Therefore, it should not be assumed that future performance of any specific investment or investment strategy, including the investments and/or investment strategies recommended and/or undertaken by Savant, or any non-investment related services, will be profitable, equal any historical performance levels, be suitable for your portfolio or individual situation, or prove successful. Please see our Important Disclosures.