OKLAHOMA CITY--(BUSINESS WIRE)--Exencial Wealth Advisors (Exencial), one of the nation’s leading independent wealth management firms and fiduciary, today announced the merger of Shoreline Financial Advisors (Shoreline), a Guilford, Connecticut-based wealth management firm.
The deal combines two firms with a shared commitment to quality investment advice and an unwavering focus on client care. The Shoreline team, led by Brendan Smith, CFP, CPA, Partner and Patrick Smith, CFA, Partner, will transition $220 million in assets to Exencial’s RIA.
“We were looking for a strategic partner with strong cultural alignment, and Shoreline fit that bill perfectly,” said John Burns, CEO of Exencial. “Brendan and Patrick are driven by the same values we have held dear since our founding: integrity above all else and a dedication to providing enduring value to those they serve.”
By joining Exencial, Shoreline will deepen its bench of resources for clients and strengthen its ability to provide top-tier service for years to come, all while maintaining the small-business feel that clients are accustomed to. Brendan Smith and Patrick Smith will serve as Partners and Senior Wealth Advisors.
“We felt an authentic connection to the team at Exencial from day one,” said Brendan Smith and Patrick Smith. “Not only will our clients continue to receive the same personalized service they have come to expect, but they will also benefit from an enhanced pool of resources as they plan their financial future.”
The addition of Shoreline is the latest in a series of moves by Exencial Wealth Advisors to expand its footprint. In 2020, Exencial joined forces with Willingdon Wealth Management, a North Carolina-based registered investment advisor.
“Exencial is committed to quality expansion, providing succession plans for like-minded firms to ensure families can achieve their financial goals for generations to come,” said Shad Besikof, M&A and Corporate Development Director for Exencial. “We were truly impressed by the exemplary client service demonstrated by Patrick and Brendan and are confident Shoreline aligns with Exencial’s goal of strategic growth.”
Exencial has operated in Connecticut for 15 years and Shoreline, which will maintain its Guilford office, will be the third location in the state.
To learn more, visit: https://exencialwealth.com/
About Exencial Wealth Advisors
Exencial Wealth Advisors is an independent registered investment advisory firm offering fee-only, objective financial planning, investment management and tax planning counsel to senior corporate executives, institutions, entrepreneurs and their families. The firm strives to be a source of enduring value to clients by providing independent, unbiased and thoughtful recommendations based on their needs and objectives.
About Shoreline Financial Advisors
Shoreline Financial Advisors is an independent registered investment advisory firm founded in 1996 and based in Guilford, Connecticut. Focused on objective advice and transparent fees, they have offered investment management, financial planning and tax planning for over 25 years to clients planning for or in retirement, as well as foundations, trusts and retirement plans.
