M and A
Deals Of The Day: The Latest In Wealth Management M&A – Summit, BFG, Canon
The latest mergers, acquisitions and other corporate actions in the wealth management sector.
Summit Financial, BFG, Canon
US-based Summit
Financial, the investment advisory firm, has made a
“strategic investment” into BFG Wealth and Canon Capital Wealth
Management, the 12th and 13th such investments the firm has made
in 2024.
The businesses can tap into Summit’s network and resources, unlocking investment solutions and alternative investments.
Additionally, BFG and Canon gain access to Summit's professional strategy team, comprising in-house attorneys, tax specialists, financial planning experts and investment management strategists.
Founded and led by Ralph Burnett, BFG serves high net worth individuals in and around the Oklahoma City metropolitan area.
BFG has attracted nearly $190 million in assets under management. Canon, which is led by its founder, Dr Peter Roland, oversees more than $280 million in AuM.
