Deals Of The Day: The Latest In Wealth Management M&A – Beacon Pointe

Editorial Staff

10 October 2025

Beacon Pointe Advisors
Beacon Pointe Advisors has acquired The Family Firm in Bethesda, Maryland, adding to its Mid-Atlantic footprint.

The acquired firm, with $857 million, lifts Beacon Pointe’s total assets under advisement to about $49 billion, marking 10 transactions so far in 2025, it said in a statement yesterday.

The Family Firm is led by Kate Fries and Stacy Bakri.

The acquisition formally closed on September 15. Alaris Acquisitions, an M&A advisory firm, advised The Family Firm on the transaction.