Human management

Wipfli Financial Advisors acquires Redwood Wealth Management

MILWAUKEE, November 18, 2021 / PRNewswire / – Wipfli Financial Advisors, LLC, a national wealth management company with more than $ 5 billion in assets under management, announced that it has entered into an agreement to acquire Redwood Wealth Management, LLC, an independent and fee-based consulting company located in Alpharetta, Georgia with over $ 300 million in assets under management.

Redwood expands Wipfli Financial’s presence in the Southeastern United States while strengthening the company’s team of experienced professionals.

Redwood has a 20-year history of taking a personalized approach to helping clients create financial plans to preserve, enhance and ultimately transfer their wealth. The company, led by Shawn meade and Steinberger Way, will bring seven new colleagues to the Wipfli Financial team.

Aligning the companies with shared values, culture and operating philosophy was key to the deal.

“From their technical expertise to their planning first philosophy, Redwood brings exceptional professionals to our team,” said Jeff Pierce, Director and CEO of Wipfli Financial. “Their incredibly strong alignment with the culture, mission and values ​​of our firm will enable an important transition for clients and allow both teams to deliver a consistent and high quality client experience. “

By joining Wipfli Financial, Redwood has access to the company’s dedicated back office teams – which include customer service, investment resources and operations – and will allow its financial advisors to devote more time to serving clients and to develop the company. Redwood and its clients will also benefit from Wipfli Financial’s affiliation with Wipfli LLP, one of the 20 largest accounting and consulting firms nationwide providing a wide variety of services including tax, business valuation and transaction support, strategic planning, technology, cybersecurity and more.

“Both companies put our employees first,” said Shawn meade, partner and wealth manager at Redwood. “Whether it’s delivering an exceptional customer experience or giving our team members the opportunities they need to continue to grow, we share the same values. By coming together, we can take our commitment to our clients and associates to the next level. “

Steinberger Way, partner and chief investment officer at Redwood, said companies’ alignment extends beyond their cultures.

“Wipfli Financial and Redwood also share the same investment philosophy and the same way we serve our clients,” said Steinberger. “Because we take the same evidence-based approach to investing and share the same philosophy of serving our clients with comprehensive financial planning in every aspect of their lives, we knew Wipfli Financial was the right company to join. We are looking forward to growing as one. solidify.”

The transaction is expected to close on December 31, 2021. Redwood will take over the Wipfli Financial brand in the future.

About Wipfli Financial Advisors, LLC

Wipfli Financial Advisors, LLC (“Wipfli Financial”) is an investment adviser registered with the United States Securities and Exchange Commission (SEC); however, such registration does not imply a certain level of skill or training, and no contrary conclusion should be made. Wipfli Financial is a proud subsidiary of Wipfli LLP, a national accounting and consulting firm. Information relating to the management, operations, services, fees and conflicts of interest of Wipfli Financial is presented in the current brochure of the Wipfli Financial form ADV Part 2A and in the CRS form, copies of which are available from from Wipfli Financial on request free of charge or at Wipfli Financial does not provide tax, accounting or legal services.

SOURCE Financial Advisors Wipfli