Rothschild Wealth Partners Adds $170M Illinois RIA
Rothschild Wealth Partners has acquired with Bussenger Financial Group, a Deer Park, Illinois-based advisory firm overseeing more than $170 million in client assets. The combination extends Rothschild Wealth Partners’ presence in the Chicago suburbs while giving Bussenger clients access to a broader operational and investment platform without altering their day-to-day experience.
Bussenger Financial Group, led by Founder Lisa Bussenger, offers comprehensive retirement planning, including investment management, income planning, tax strategies, legacy planning and long-term care considerations. Through the partnership, Bussenger clients can expect continuity in their portfolios, fee structures, custodians and overall planning philosophy.
“As our industry continues to advance, it has become increasingly important to ensure we have the scale, technology, and resources to serve our clients at the highest level for years to come,” said Bussenger. “Rothschild Wealth Partners stood out as the right partner because they allow us to keep our planning philosophy, investment approach, and client relationships exactly the same, while enhancing what we can deliver behind the scenes.”
Rothschild Wealth Partners provides operational, compliance, investment and technology support to affiliated advisors. The firm manages and advises on more than $8 billion in client assets and traces its history back over 115 years.
“This is exactly the type of partnership we look for – strong advisors who are deeply committed to their clients and want to grow without compromising how they serve them,” said Mac O’Brien, Chief Growth Officer at Rothschild Wealth Partners. “Over the past six months, we have partnered with four RIAs and completed a wirehouse lift-out, reflecting the momentum we’re seeing.”
Most recently, Chicago area-based Rothschild Wealth Partners acquired Windgate Wealth Management, a financial advisory firm overseeing more than $200 million in assets, and added Glen Ellyn, Illinois-based Siligmueller & Norvid Wealth Advisors to its platform.