Prime Capital Investment Advisors has acquired 20/20 Financial Advisors and Financial Network Limited. The deal expands PCIA’s footprint across California, Florida, Oregon, Texas, Delaware and Connecticut.
The deal brings 1,500 clients and 30 professionals to PCIA and the firm’s assets under management will exceed $20 billion across 10,000 households’ and 750 corporate retirement wealth management needs.
“Both of these acquisitions bring strategic benefits to PCIA well beyond their assets under management,” says Scott Colangelo, chairman of PCIA. “20/20 Financial Advisers brings tremendous financial planning expertise, a broad leadership team and geographic diversity while Financial Network Limited brings a balance of retirement plan expertise coupled with a tremendous wealth management practice.”