Parkwoods Wealth Partners Adds $350M Shoreline Wealth Advisors in Indiana Expansion 

Parkwoods Wealth Partners announced that Shoreline Wealth Advisors, an Indiana-based RIA with approximately $350 million in assets under advisement, has joined the firm. The deal, which closed on August 1, 2025, also includes Shoreline’s affiliated tax preparation business, Shore & Co. 

Founded in New Castle with an additional office in Carmel, Shoreline is led by Bud Shore and Jay Bumbalough, who are recognized for fiduciary, planning-first advice and “disciplined, evidence-based” investing. The firm was an early adopter of Buckingham’s TAMP, BAM Advisory Services, aligning it closely with Parkwoods’ approach. 

“Welcoming Shoreline is about shared beliefs first and foremost,” said Al Sears, Founder & CEO of Parkwoods Wealth Partners and former president of Buckingham. “Bud and Jay have built a remarkable firm on the same planning-led, evidence-based approach our clients expect. That alignment is what makes this such a good fit.” 

Clients will continue working with their existing advisors without disruption, while the Shoreline brand will transition to Parkwoods in the coming months. The addition of Shore & Co. enhances Parkwoods’ ability to deliver integrated planning, portfolio management, and tax strategies, enabling households to optimize asset location, tax-loss harvesting, and cash-flow timing through a coordinated, single-firm relationship.