Integrity Expands Comprehensive Life, Health and Wealth Platform with Monumental Agreement to Acquire Gladstone Wealth Partners – PR Newswire

Combination of Gladstone’s wealth management expertise and Integrity’s strength in insurance will empower agents and advisors to deliver more holistic solutions for life, health and wealth

DALLAS, Aug. 3, 2022 /PRNewswire/ — Integrity Marketing Group, LLC (“Integrity”), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced it has entered into an agreement to acquire Gladstone Wealth Partners, LLC (“Gladstone”), a pioneering wealth management firm and registered independent advisor (RIA) with over $13 billion in assets under management. As part of the acquisition, Robert Hudson, Founder and Chairman of Gladstone Wealth Partners, and Richard Frick, CEO of Gladstone Wealth Partners, will become Managing Partners in Integrity. Financial terms of the acquisition were not disclosed, and the transaction is scheduled to close upon regulatory approval.

Integrity Expands Comprehensive Life, Health and Wealth Platform with Monumental Agreement to Acquire Gladstone Wealth Partners

In 2012, Hudson founded Gladstone Wealth Partners to fill critical gaps in service and support he had personally encountered as an independent financial advisor. Today, Gladstone is a respected hybrid wealth-management platform offering an open architecture, multi-custodial RIA platform and access to a full-service broker-dealer offering. Guided by executives with unmatched experience from wirehouses, independent enterprises and leading financial institutions, Gladstone advisors stay closely connected to senior leadership while building and growing their own firms. Advisors are empowered to develop and execute financial plans designed to build long-term wealth for clients. In turn, Gladstone helps mitigate advisor risk and simplifies the transition to independence by centralizing business functions, such as compliance, marketing and operations. Having experienced impressive and consistent growth, Gladstone advisors now oversee more than $13 billion in assets under management. Additionally, they have achieved steady and significant expansion in their assets, resulting in a remarkable 108% compound annual growth rate (CAGR) over the past three years.

“Successful financial planning should holistically include life, health and wealth solutions, to help clients pursue their lifelong financial goals,” shared Bryan W. Adams, Co-Founder and CEO of Integrity. “The addition of Gladstone Wealth Partners to the Integrity family means that we can serve the life, health and wealth needs of Americans better than ever before as we help them plan for the good days ahead. Rob Hudson and Rick Frick are dynamic and forward-thinking leaders who recognize the power of comprehensive planning like few others. Their spirit of innovation will fit in perfectly at Integrity, and we’re honored to welcome them into our expanding network of partners. Gladstone’s wealth …….

Source: https://www.prnewswire.com/news-releases/integrity-expands-comprehensive-life-health-and-wealth-platform-with-monumental-agreement-to-acquire-gladstone-wealth-partners-301598759.html