The latest mergers, acquisitions and other corporate actions in the wealth management sector.

Independent Financial Partners
Independent Financial Partners has brought two former Commonwealth Financial Network firms into its embrace: Van Horn Financial Services and Severn Financial Advisors.

The two firms bring more than $400 million in client assets to IFP. To date, IFP has welcomed four former Commonwealth advisor teams representing 10 advisors and about $1.2 billion in client assets, it said in a statement this week. 

Over the past seven years, the firm has grown from about $5 billion to more than $21 billion in assets under advisement; it supports 288 advisors across 37 states. In 2026 alone, IFP has added approximately $2.4 billion in assets.

Specific financial terms that may apply to the joining advisors were not disclosed.

Both firms selected IFP for its ability to provide the resources and operational support needed for growth while allowing them to preserve the independence and ownership that define their practices. Van Horn Financial Services, based in Sioux Falls, South Dakota, is led by advisor Graham Van Horn, while Severn Financial Advisors, based in Annapolis, Maryland, is led by advisors Stephen James and Carly James.