Deal Snapshot
Congress Wealth Management Increases Business by 70% with Acquisition of Pinnacle Advisory
Tuesday 04 May 2021

Boston, US-based registered investment advisor (RIA), Congress Wealth Management, LLC has acquired investment and financial planning group Maryland-based Pinnacle Advisory Group, Inc., adding USD 2.4bn in assets and increasing CWM's business by 70%, the company said.

The addition of Pinnacle's in assets and offices in Columbia and Miami will increase CWM's business to USD 5.8bn and seven offices nationwide, expanding presence to new markets on the East Coast and South Florida.

Date Published: 04/05/2021