Visionary Wealth forms strategic alliance with M&A firm

 

From Illinois Business Journal news services

EDWARDSVILLE – Visionary Wealth Advisors, a wealth management firm founded in March 2014, recently announced a strategic alliance with Turning Point Advisors, a St. Louis-based merger and acquisition firm. The alliance will provide services for Visionary clients needing advice and expertise in selling their businesses. The new alliance will be called Visionary Mergers & Acquisitions.

Visionary founders Brett Gilliland, Tim Hammett, and Turning Point Advisors principal, Barbara Hartung formed the alliance based on overall benefits to their respective clients, their shared mission, values, and philosophies on client service. Both firms are independent, with no ties to any financial entity.

Barbara Hartung has 25 years of experience in buying and selling businesses. She is an attorney, practiced as a CPA, and is an area expert in mergers and acquisitions. Although she no longer practices law or accounting, these backgrounds give her an understanding of the business sale process that is unique in the industry. She will join Visionary as a managing director.

“This alliance is unique to the St. Louis area,” Hartung said. “Business owners can now have their trusted wealth advisor to plan and manage their financial life, and when they want to sell their business, they have that expertise on the same team, who can see the whole picture.”

“Most business owners are lost when selling their business,” said Hartung. “They don’t know how to get the best value or find the right buyer. We have the expertise to know when an offer is right, and we’ll never advise a client to accept an offer that we don’t feel is in their best interest.”

The strategic alliance brings Visionary closer to their ultimate goal of having a full suite of financial services in one place.

“Most business owners have spent their lives re-investing in their business, but not for their own retirement and financial situation,” said Gilliland. “Now with Visionary Mergers & Acquisitions helping them sell that business, we can utilize our strengths with Visionary Wealth Advisors and Visionary Family Office to help that client plan for the next chapter of their life.”

Visionary Mergers & Acquisitions will serve clients with private, closely held businesses valued at $5 million to $200 million. Visionary Wealth Advisors currently has offices in Edwardsville, St. Louis, and Miami, with a new office under construction in O’Fallon, IL. Plans are in the works to open additional offices throughout the United States.

Visionary Wealth Advisors is an independent Registered Investment Advisor and provides financial planning and wealth management services including retirement, college and estate planning, life, disability and long-term care insurance and small-business retirement plans.

For more information, visit VisionaryWealthAdvisors.com.

Leave a Comment