Concord Wealth Partners, an independent RIA, has entered a strategic partnership with Coppertree Financial Planning LLC, an RIA with $230 in assets under management.

Following the deal, Coppertree will join Concord and operate as a new brand under Concord, based out of Worcester, Massachusetts. The partnership will enhance the firms’ breadth, scale and sophistication of its institutional investment management, tax strategy and family and business wealth advisory offerings.

The deal follows Concord’s three-phase expansion plan launched in 2019. The plan focuses on services expansion, infrastructure optimization and strategic M&A opportunities. Since 2019, the firm has grown its assets under management from $350 million to $800 million.

 “Our team’s primary goal is to provide a value-added service and make our clients’ financial lives less complicated,” added Adam Waitkevich, Coppertree founder. “When we saw how Concord streamlined services across planning, investment, tax, and accounting, we recognized it as an opportunity to deliver the same for our clients through a partnership.”