Integrated Partners, a CPA-focused hybrid RIA and supervisory jurisdiction office of LPL Financial with over $17 billion in AUA, added CoFi Advisors, a Portsmouth, NH-based practice with approximately $185 million in assets.
CoFi Advisors was co-founded by Wheeler Crowley and Colin Walker, who left Ameriprise Financial after seven years. They are joined by Shania Mulley, a registered customer service associate and practice manager.
CoFi will now have access to Integrated's resources, including it Business Owner SolutionsInsurance Solutions Division and Integrated Family Office.
The team was particularly drawn to the Integrated CPA Alliance, which connects advisors with more than 170 tax practices in need of a wealth management platform. They see it as an opportunity to grow their business organically and scale through CPA partnerships.
“As many advisors struggle to achieve organic growth, we are confident that programs like the Integrated CPA Alliance will help us unlock access to a wider pool of potential clients,” Walker said in a statement. “We are eager to see how this partnership can help us grow in a measured and strategic manner, increasing our capacity to serve our customers effectively.”
Founded in 1996, Integrated Partners is wholly owned by CEO Paul Saganey. The model is based on providing resources and training advisors to take their practices to the next level. The CPA Alliance offers a very rich client pool that integrated advisors can tap into while giving CPA professionals the tools they need to address increasingly complex client needs.
Last year, the firm announced it first full purchase and created a related insurance business, chaired by Peter Kaplan. or family office offer for households with at least $20 million in investable assets is also available, as well as a Option W-2.