PR Newswire·Nov 10, 2026, 9:00 AM ET

Beacon Pointe Advisors Deepens New York Presence with Edge Wealth Management Acquisition

Beacon Pointe Advisors acquired New York City-based Edge Wealth Management, LLC, with the transaction formally closing on October 31, 2026.
Edge Wealth Management manages approximately $905 million in client assets & focuses on fixed income, equity investing, income generation, long-term growth, & tax efficiency.
The acquisition brings Beacon Pointe's total assets under advisement to approximately $72 billion.
Matthew Weinberg, the incoming Partner & Managing Director of Edge Wealth Management, will join the Beacon Pointe team.
Edge Wealth Management clients will continue working with their existing team while accessing Beacon Pointe's national resources & allWEALTH® holistic wealth planning framework.
Houlihan Lokey served as the exclusive financial advisor to Edge Wealth Management, while Seward & Kissel LLP acted as the legal advisor.
Beacon Pointe now oversees approximately $72 billion in client assets, supported by over 850 team members across 95+ offices nationwide.