OnePoint BFG Wealth Partners Buys $700M Minneapolis RIA
OnePoint BFG Wealth Partners has purchased a Minneapolis-based registered investment advisor firm, which manages about $700 million in total client assets and boosts the firm’s footprint across the Midwest region.
Voyage Wealth Architects, which was launched in 2021, joined OnePoint BFG on January 30 and is led by CEO Brian Eder and co-founder and partner Jesse Bergland, a OnePoint BFG spokesperson confirmed to Connect Money.
Eder and Bergland launched Voyage Wealth Architects following the merger of Eder & Associates and Jesse Bergland of Northwestern Mutual, where they both previously served as wealth management advisors, according to their BrokerCheck and LinkedIn profiles. The firm is also led by partners Chris Crubaugh and Chris Koenig.
Voyage Wealth Architects provides “personalized” financial planning, investment management, retirement planning, multigenerational wealth planning, and charitable giving strategies to high-net-worth clients.
Following the acquisition, Voyage Wealth Architects brings its 15-person team to OnePoint BFG and will gradually transition to OnePoint BFG’s brand, the firm said.
“Voyage exemplifies the planning-led, client-first philosophy we seek in our partnerships,” Andy Schwartz, CEO of OnePoint BFG, said. “Their emphasis on life outcomes over transactions, deep planning expertise and strong team culture make this a natural fit. Clients will benefit from enhanced clarity, sophistication and long-term support – while continuing to work with the trusted advisors they value.”
Prior to joining OnePoint BFG, Eder stated that his firm evaluated over 30 partners before choosing the RIA, citing that OnePoint BFG stood out as “the best long-term home for [Voyage’s] clients and team.”
“We share a disciplined approach to planning, intentional growth and a people-first mindset,” Eder said. “This partnership not only complements what we do best but also brings exciting new opportunities for our clients – expanded investment capabilities, upgraded technology and access to a broader team of specialists.”
This addition marks OnePoint BFG’s first acquisition for the year, following the firm’s acquisition of Chicago-based Spahn Financial Partners, which oversees $2 billion in assets under management, marking it the firm’s largest transaction to date, boosting its total assets under management to over $15 billion.
In December, OnePoint BFG appointed four new executives to its leadership team, with additions from Morgan Stanley and Emigrant Partners.
In July, OnePoint BFG, formerly known as Bleakley Financial Group, rebranded as the firm emphasized the need to address the increasing demand from clients on their varying financial requirements.
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Pictured: Brian Eder