Beacon Pointe Acquires $944M Massachusetts Wealth Manager 

Beacon Pointe Advisors has expanded its East Coast presence with the acquisition of Sensible Financial Planning, a wealth management firm headquartered in Waltham, Massachusetts, overseeing $944 million in assets. The addition deepens Beacon Pointe’s reach in the greater Boston market and brings its total assets under advisement (AUA) to approximately $54 billion. 

Founded with offices in both Waltham, MA and San Diego, CA, Sensible Financial Planning’s 21-person team provides a full suite of advisory services, including retirement planning, tax strategy, insurance analysis, estate and legacy planning, and integrated investment management. The firm’s dual-coast presence aligns closely with Beacon Pointe’s national expansion strategy. 

“In a seller’s market, we recognize that the choice rests with the advisors and firms we meet. It’s not just about us choosing them, but it’s about them choosing us,” said Matt Cooper, president of Beacon Pointe Advisors. “Our goal is to stand out as the firm of choice—one that reflects shared values, client commitment, and a vision for lasting impact.” 

The acquisition of Sensible Financial Planning officially closed on October 1, 2025. Advisor Growth Strategies served as the exclusive financial advisor to Sensible Financial in the transaction. 

For Beacon Pointe, the acquisition marks another milestone in its accelerated growth trajectory, which has included several strategic partnerships across key metropolitan markets over the past two years. Most recently, the firm acquired The Family Firm, a $857 million advisory practice headquartered in Bethesda, Maryland 

Pictured l to r: Rick Miller and Rick Fine