Reported about 7 hours ago
AlphaCore Wealth Advisory, based in La Jolla, California, has announced the acquisition of SPC Financial, a registered investment advisory firm in Rockville, Maryland, managing $1.5 billion in assets. This move expands AlphaCore's presence on the East Coast, resulting in over $8.5 billion in combined client assets and a total of 100 employees. The acquisition is expected to close in the fourth quarter, signaling AlphaCore's strategy to grow through both acquisitions and organic growth.
Source: YAHOO