AlphaCore and Callan Unite, Create $6.5B Advisory Firm 

AlphaCore Wealth Advisory has revealed plans to merge with Callan Capital, a San Diego-based wealth management firm managing $2.4 billion in assets. Set to close in the second quarter, this merger will form a wealth management entity with approximately $6.5 billion in assets, operating under the AlphaCore name. 

The merger bolsters the ultra-high-net-worth and family office services of AlphaCore, based in La Jolla, CA, while expanding its footprint in San Diego, CA, and Denver, CO, and establishing a presence in Austin, TX. AlphaCore states that the unified firms will rank among California’s largest registered investment advisors. 

“AlphaCore is committed to expanding with partners who share our dedication to excellence in wealth management,” said Dick Pfister, CEO and founder of AlphaCore. “This merger is a natural evolution of our long-standing relationship with Callan Capital.” 

Callan will significantly contribute to speeding up the introduction of AlphaCore Family Office Services, providing enhanced tax advisory, estate planning, and philanthropic options, complementing the institutional investment management solutions already offered to AlphaCore’s high-net-worth (HNW) and ultra-high-net-worth (UHNW) clientele. 

As part of the transition, Trevor Callan and Tim Callan, co-founders of Callan Capital, will join AlphaCore’s management committee, while Ryan Callan will lead the rollout of AC Family Office Services. 

For AlphaCore, the deal with Callan Capital marks its second announced transaction of 2025. In January, the firm disclosed the acquisition of enTrust Wealth Advisors, a registered investment adviser managing more than $420 million in assets.