US-based wealth management firm Beacon Pointe has announced the acquisition of a registered investment advisory (RIA) firm with US$2.7 billion in assets under management (AUM) from a Paris-based asset manager. The deal marks one of Beacon Pointe’s largest international expansions, reflecting growing demand for cross-border wealth advisory services.
The acquired RIA, based in Paris, will integrate its operations under the Beacon Pointe umbrella while maintaining local client-facing teams to ensure continuity of service. According to company executives, the acquisition enhances Beacon Pointe’s European footprint, allowing it to serve high-net-worth clients seeking integrated investment strategies across the US and Europe.
Beacon Pointe CEO highlighted that the deal is part of a broader strategic growth plan targeting international markets, leveraging both firms’ expertise in portfolio management, financial planning, and wealth preservation. The firm also noted that synergies from the acquisition are expected to increase operational efficiency and expand service offerings, particularly in sustainable investing and multi-asset strategies.
The Paris-based RIA’s clientele includes high-net-worth individuals, family offices, and institutional investors, with a strong emphasis on long-term wealth planning and cross-border investment advisory. The transaction is expected to close in Q2 2026, pending regulatory approvals in both the US and France.
Malawi lags behind neighbours in attracting foreign investment
