Beacon Pointe acquires Financially In Tune, grows to $63B in assets

What's the deal? Beacon Pointe Advisors, a Newport Beach, California-based registered investment adviser, has acquired Financially In Tune, a wealth management firm based in Stoneham, Massachusetts. The deal closed on May 1, 2026, with financial terms undisclosed.

Financially In Tune manages roughly $360M in assets and offers financial planning and portfolio management services. Turkey Hill Management advised Financially In Tune on the transaction.

Following the acquisition, Beacon Pointe now has approximately $63B in assets under advisement across its wealth management, institutional consulting, and retirement services businesses.

The signal: The deal reflects the ongoing consolidation wave in the registered investment adviser space, where larger platforms continue to snap up smaller firms to grow assets and expand geographic reach. Beacon Pointe's push into Massachusetts adds an East Coast foothold to its California base — a familiar playbook for RIAs seeking national scale.

Read more: imdealsblog.sewkis.com