Sunday, September 24, 2023

Wealthcare Extends in the Direct Advisory Market through the Acquiring of Fellows Financial Group

By ET Bureau - September 12, 2022 2 Mins Read


Wealthcare Capital Management LLC (“Wealthcare”), a technology-enabled, full-service RIA that supports independent financial advisors and a NewSpring Holdings platform company, today announced the acquisition of Fellows Financial Group (“Fellows Financial”). This is the second acquisition that Wealthcare has made this year, further expanding the firm’s presence in the direct advisory channel.

Based in Leesburg, Virginia, Fellows Financial, founded in 2015 by Blake Fellows, provides clients with financial advisory services and has more than $100 million in total assets under management (AUM). Fellows Financial has been a Wealthcare affiliated advisor since 2015, leveraging Wealthcare’s technology and services platform to enhance its delivery of financial advisory services to its clients. Through this acquisition, Wealthcare continues to expand its team of employee advisors and adds to its growing list of clients in the direct advisory space.

Also Read: Edge Computing: Three Things to Ensure Success

“We’re thrilled to be able to acquire one of our own affiliated advisors and work even more closely with Blake FellowsKeri Blake and the entire Fellows Financial team as we grow our business in the greater DC and mid-west regions,” says Matt Regan, President of Wealthcare. “This deeper partnership with Wealthcare allows the Fellows team to have a stronger operational alignment with Wealthcare, enhance client experience, and take an important, proactive step in their succession planning with a firm that has the same philosophical approach to wealth management.”

“After 7 years working as a Wealthcare Affiliated advisor I’m excited to deepen my relationship with Wealthcare, leveraging its suite of services for clients including the GDX360® goals-based investment process and technology platform,” says Blake Fellows. “This step is the natural progression of our partnership with Wealthcare and a perfect succession plan for our firm that allows our practice to continue providing the highest-quality servicing for our clients and it also frees up our team to pursue even loftier growth objectives.”

Check Out The New Enterprisetalk Podcast. For more such updates follow us on Google News Enterprisetalk News.


ET Bureau

The platform covers e entire enterprise technology space- including emerging technologies like RPA, AI, cloud, automation, and the entire gamut of digital transformation tools, strategies and management decisions.

Subscribe To Newsletter

*By clicking on the Submit button, you are agreeing with the Privacy Policy with Enterprise Talks.*