Choreo LLC, a company that provides investment advisory services, financial planning, and other wealth management services to individuals and businesses, announced that it has entered into an agreement to acquire GreerWalker Wealth LLC, an RIA affiliated with GreerWalker LLP.
In addition to the acquisition, Choreo and GreerWalker LLP will form a strategic partnership “to further accelerate the growth of their respective businesses.”
With approximately $275 million in assets under management, GreerWalker Wealth LLC is Choreo’s second acquisition in the Southeast and increases the firm’s total assets under management and advisement to approximately $14.8 billion. The transaction is expected to close in the first quarter of 2023.
Terms of the transaction were not disclosed.
“Partnering with GreerWalker is a special opportunity,” said Larry Miles, chief executive officer of Choreo. “Our firms have a strong philosophical alignment, shared CPA heritage and a complementary vision for future growth.”
“GreerWalker Wealth is thrilled to join Choreo and to expand access to technology and operations expertise that will help grow our business,” said John Norman, managing partner at GreerWalker LLP. “We look forward to our ongoing strategic partnership with Choreo and to creating new opportunities for our wealth professionals and their clients.”
This announcement represents the third acquisition by Choreo this year.
Choreo LLC is a limited liability company that provides investment advisory services, financial planning and other wealth management services to individuals and businesses. Choreo LLC is an SEC registered investment adviser that serves over 3,600 families with approximately $11.8 billion of assets under management or advisement, as of April 2022.
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