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The Mather Group Acquires San Francisco Bay-area Agency, HC Monetary Advisors

CHICAGO–(BUSINESS WIRE)–The Mather Group, LLC (TMG), a wealth management firm with 12 offices across the country and more than $8.0 billion in assets under management (AUM, as of 7/31/22), has announced its acquisition of HC Financial Advisors Inc. (HC), a registered investment adviser (RIA) firm based in Lafayette, CA.

HC was founded in 1986 and has approximately $478 million in AUM as of 7/31/22. Its three principals—Stephen Biggs, Andy Byron, and Karla McAvoy—and the entire HC team joined TMG as part of the transition. Biggs and McAvoy had been with HC since 2008, while Byron joined in 2011. “We and the rest of our team are very excited about becoming part of TMG,” said Byron. “Being philosophically aligned—in terms of how we serve clients, manage investments, and foster a strong culture for employees—gives us great confidence that this is a win-win partnership for all involved. The support and assistance provided by TMG so far has exceeded our expectations, and we are looking forward to our future together.”

This is TMG’s third acquisition in August, as the firm announced partnerships with Seiffert Ltd. and Semita Asset Management last week. The firm anticipates more partnerships before year-end and expects to continue its steady pace of partnerships with like-minded firms going forward, furthering its goal to be a national boutique for wealth management. The HC partnership adds a second Bay-area office to the firm’s growing footprint.

“We have a robust, repeatable process in place to help us manage integrations, and we’re constantly refining and improving it as we scale. It’s a collaborative effort,” said TMG CEO Chris Behrens. “Welcoming new partners and clients to the TMG family is driven primarily by the opportunity to provide expanded services, such as tax preparation and estate planning guidance, that help enhance the client experience. We’re also able to offer advanced technology and career opportunities that are beneficial for employees as it relates to their daily jobs and their longer-term aspirations.”

The firm offers a comprehensive range of in-house services, including financial planning, tax advice and preparation, portfolio management, concentrated stock management, risk assessment, and estate planning guidance. Investment recommendations are not tied to commissions. Clients pay for the firm’s experienced advice on a fee-only basis, typically as a percentage of assets under management. This approach helps align the interests of the firm with the client.

ABOUT TMG

Headquartered in Chicago with offices in Atlanta, Austin, Dallas, Houston, Knoxville, Morristown (NJ), Nashville Area, San Francisco Bay Area, Seattle Area, Spring (TX), and Washington, DC Area, TMG is a fee-only fiduciary firm serving primarily high-net-worth individuals. TMG’s professionals aim to simplify clients’ lives by providing a comprehensive suite of services under one roof. TMG is a federally registered investment adviser under the Investment Advisers Act of 1940, as amended, providing discretionary and non-discretionary investment advice to clients. Visit us at www.themathergroup.com.

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