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Aspiriant and Glowacki Group to merge

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US-based Independent wealth management firms Aspiriant and the Glowacki Group are to merge.

Glowacki is the second independent wealth management firm in Southern California to join Aspiriant, following the merger of San Diego-based Hokanson Associates with Aspiriant at the end of last year.
 
The Glowacki Group, which oversees USD360 million in assets for 75 clients, was founded by industry leader Michael Glowacki in 1998. Both firms provide high net worth clients with investment management, financial planning and family office services.
 
Aspiriant, which manages or advises on more than USD9 billion in assets, has grown both organically and through mergers with other independent wealth managers and today operates nine offices from coast-to-coast serving more than 1,300 client families.
 
“Based on our culture of independence and our employee ownership model, Aspiriant has become an attractive destination for independent wealth management firms across the nation that share our core values,” says Rob Francais (pictured), CEO of Aspiriant. “By joining Aspiriant, owners expand the career opportunities for their employees as part of a national firm and ensure the continuity of services for their clients for generations to come.”
 
“As part of Aspiriant, we are able to enhance our services to clients with a greater depth of investment and financial planning resources, as well as provide access to dedicated specialists with deep expertise in areas such as taxes, estate planning and philanthropy,” says Michael Glowacki, founder and CEO of The Glowacki Group. “We are proud to become part of an organization with Aspiriant’s reputation, resources and dedication to the highest standards of professionalism.”
 
“Michael Glowacki’s talent and decades of experience will be an asset for Aspiriant, in addition to the new capability he brings to the firm as a Certified Professional Coach,” says Francais. The combination with The Glowacki Group will significantly increase Aspiriant’s footprint in Los Angeles, a market that has relatively few RIA options given its size, according to Francais.
 
Under terms of the deal, Michael Glowacki becomes an owner/principal of Aspiriant.
 
The Glowacki Group, which has been in business for 18 years, will move into Aspiriant’s Los Angeles office this spring.
 
According to both CEOs, the firms are a strong fit with a shared focus on client service and attracting and retaining the best talent. “Both of our firms have deep roots in the accounting profession and were founded by CPAs,” Francais added, noting that “we have similar cultures that are built on a profound commitment to our clients, employees and the profession.”
 

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