CHICAGO–(BUSINESS WIRE)–#FT300–The Mather Group (TMG), a boutique fee-only wealth management firm with
more than 60 employees across 11 cities in the US, was featured as the
fastest growing registered investment advisor (RIA) in the country by
Investment News. With 180% growth from 2018, The Mather Group surpassed
all other $1B+ fee-only RIAs in the nation.
The Mather Group is a family-owned firm that broke away from Wall Street
in 2011 to become a fee-only, independent SEC-Registered Investment
Advisor. Founding Partner Stewart Mather, 41, was recently recognized as
one of America’s
Top 100 Independent Advisors by Barron’s for the second year
in a row.
Over the past year, The Mather Group acquired both Berman Investment
Advisors, a financial planning firm with over $1 billion in assets under
management (AUM), as well as Astraeus Advisers, a multifamily office
with more than $1 billion AUM. These acquisitions allowed TMG to launch
TMG Family Office, which provides ultra-affluent families and
individuals with a broad set of services—far beyond the scope of
traditional private banks—all under one roof. Today, TMGFO advises 18
families with more than $5 billion in collective assets.
“Acquiring Berman Investment Advisors and Astraeus Advisers, two well
respected RIAs, has allowed us to build TMG Family Office on a proven,
strong foundation. The two firms have been working with families of
significant wealth for decades and will bring invaluable experience to
this new business unit,” said Mather.
TMG and TMG Family Office anticipate $5 Billion of organic AUM growth
over the next 36 months. TMG also plans to continue its expansion plan
with additional mergers and acquisitions. “The next stage of The Mather
Group’s evolution is continuing to develop partnerships with
like-minded, fee-only founders who are fiercely committed to remaining
independent and never selling out to private equity and Wall Street,”
adds Mather.
Mather attributes his firm’s recognition and success first and foremost
to their strict adherence to a fiduciary standard, followed closely by
their in-house, next-generation staff of certified financial planners,
certified public accounts, tax attorneys, estate planning attorneys, and
financial professionals. The average owner of an RIA is 51 — at The
Mather Group, it’s 38.
“We’ve quickly learned many RIAs are more inclined to align with a young
founder who can provide a stable succession plan for their business,
clients and employees,” says Mather. “My team and I have at least
another three decades of our career ahead of us—sellers know we’re not
cashing in on their legacy in ten years.”
ABOUT THE MATHER GROUP
Headquartered in Chicago, with professionals in Houston, Dallas,
Atlanta, Miami, LA, Minneapolis, Washington DC, NYC, St. Louis and the
San Francisco Bay Area, The Mather Group is a fiduciary-only firm
serving affluent and ultra-affluent families and individuals. Founded in
2011 with $150 million in assets under advisement, TMG has grown to over
$7.5 billion in assets under advisement. TMG’s in-house attorneys, CPAs
and other professionals simplify their clients’ lives by providing a
comprehensive suite of services under one roof. www.themathergroup.com
TMG Family Office is a fiduciary-only multi-family office advising 18
families of significant wealth. TMGFO’s in-house attorneys, CPAs and
other professionals simplify their clients lives through services as
simple as bill payment, or as complex as tax advisory, private aircraft
acquisition and estate planning. To learn more, visit www.tmgfo.com.
Contacts
Media Contact: Gabriella Savino | Email: [email protected]
| Phone: 312.757.4372
