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Against the backdrop of private equity-backed platform growth in wealth management, the independent RIA sector is consolidating at pace.
RFG Advisory, the Birmingham, Alabama-based RIA platform approaching $9 billion in client assets, announced the merger of two affiliated firms, WFA and Volare Wealth Advisors, creating WFA Volare with more than $750 million in combined assets under management.
WFA was founded in 1997 in Louisiana. Volare, founded by Christine Wedell in 2022, built its practice around women navigating financial transitions.
The merged firm fields a 16-person team and serves retirees, high-earning professionals, women in transition, and elite athletes and their families. "This was never about getting bigger.
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