Generational Capital, part of the Generational Group, a mergers and acquisitions advisor for privately held businesses, has acquired a majority stake in wealth management Talis Advisors.
Terms of the transaction, which closed on 1 October, have not been disclosed.
Plano, Texas-based Talis develops personalised, unbiased strategies designed to help lients grow, protect and transfer their wealth. As a Registered Investment Advisor, the firm’s success stems from an advisory approach that is independent, objective and based on Nobel Prize-winning financial economic research.
“We are excited to be partnering with a company that shares common core values and is equally committed to growing and developing our future potential,” says Bob Lamse, President and Partner of Talis. “In addition, Generational Group will help us augment and enhance client experience using best-in-class tools and additional resources.”
Brent Everett, Talis Founder, Partner and Chief Investment Officer, adds: “We are simply thrilled to be part of Generational. In the past we’ve been approached by other investors but have declined because they didn’t align strategically or with our culture. In Generational, we’ve found a great fit.”
Ryan Binkley, President & CEO of Generational Group, says: “We’ve been searching for a wealth management firm with an impressive, talented team, a great track record and one with aligned culture and values. We didn’t compromise and today we’re elated to welcome Talis to the Generational family.”
The addition of wealth management services is a natural extension for Generational, whose purpose is to make a difference in the lives of its clients and their families.
“It’s a significant day for Generational and our clients. Now, we can help clients not only unlock the wealth they’re worked so hard to create but also help them preserve it,” says Binkley.