To our Valued Clients and Loyal Partners,
WMS Partners is excited to announce that we will be partnering with Homrich Berg (aka HB/HB Wealth Management), a leading wealth management firm based in Atlanta, Georgia, to form one of the strongest and longest tenured advisory firms in the country. This partnership combines over 65 years of fiduciary wealth management services and will create one of the nation’s preeminent multi-family offices and wealth management firms. The combined firm will manage over $24 billion in assets and employ more than 300 colleagues across 10 offices in Georgia, Florida, Maryland, Tennessee, and South Carolina.
At closing, all 21 WMS shareholders will become owners in HB, bringing the total shareholder count for the combined firm to over 70. Our pledge to client families has always been to create a permanent solution to serve multiple generations and by combining forces with HB, we will fulfill that promise and benefit from a platform and leadership team that shares our unwavering commitment to serving our clients and their families. Several WMS shareholders will be serving in key investment and advisory leadership roles in our new partnership.
We have had a multi-year relationship with HB and, over time, have built strong connections across our organizations, sharing best practices in operations, planning, and investing. We feel truly fortunate to have found a firm with shared values and a vision of serving clients as fiduciaries and innovating through their investment and planning platforms. We look forward to partnering with HB to build a unique and fully integrated firm that delivers a truly differentiated client experience.
About Homrich Berg
Founded in 1989, HB has been dedicated to helping families protect, grow, and manage their wealth. As a fee-only fiduciary, the firm offers comprehensive wealth management services, including investment management, financial planning, and private alternative investments. HB prides itself on its personalized approach, leveraging industry-leading technology and a team of highly qualified professionals to deliver exceptional client service.
About the Combined Firm
The newly combined firm will operate as Homrich Berg (HB Wealth Management), maintaining the strengths and values of both organizations. Clients can expect a seamless transition between two complementary firms, who will benefit immensely from collaboration and sharing of resources. Upon closing, WMS Partners will become part of HB Family Office. The transaction is expected to close in January of 2025, subject to customary closing conditions. HB is backed by its equity partners TPG and New Mountain Capital. To read the full press release click here.
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