The New York investment advisory firm manages approximately $905 million in client assets, with a focus on income generation, growth, and tax efficiency.

NEWPORT BEACH, Calif., Nov. 10, 2026 /PRNewswire/ — Beacon Pointe Advisors (“Beacon Pointe”) announces its acquisition of Edge Wealth Management, LLC (“Edge Wealth Management”), a New York City-based investment advisory firm. Edge Wealth Management’s focus on fixed income and equity investing adds a distinct investment perspective alongside Beacon Pointe’s comprehensive allWEALTH® framework. The transaction brings Beacon Pointe’s total assets under advisement to approximately $72 billion.

Fixed income and equity investing are central to Edge Wealth Management’s work with high-net-worth investors, institutions, family offices, and young professionals. Established in 2006, the firm advises on approximately $905 million in client assets under management.  The team brings an institutional and capital markets background and a focus on income generation, long-term growth, and tax efficiency, complemented by Beacon Pointe’s investment research resources.

Matthew Weinberg, incoming Partner and Managing Director, shares, “We are extremely excited to join the Beacon Pointe team. The Beacon Pointe brand represents excellence, professionalism, and experience from senior management to all of the various team leaders. We are enthusiastic about this next chapter, as well as the opportunity to offer our clients a high level of service along with a suite of new offerings to round out their financial lives.”

The acquisition allows Edge Wealth Management clients to continue working with their team for investment management and financial planning, while benefiting from Beacon Pointe’s broader national resources. Beacon Pointe’s allWEALTH® platform provides a comprehensive approach to holistic wealth planning, helping clients consider how their investment decisions fit alongside retirement, estate, and other long-term planning priorities.

“Matthew brings a perspective shaped by years in institutional markets and a clear sense of what clients expect from their investment advisor,” shares Beacon Pointe CEO Matt Cooper. “That experience adds depth to our Manhattan presence. We are excited to welcome a team with a defined investment philosophy and support its next chapter with the breadth of our wealth planning capabilities.”

The acquisition of Edge Wealth Management, LLC formally closed on October 31, 2026. Houlihan Lokey acted as the exclusive financial advisor to Edge Wealth Management. Seward & Kissel LLP acted as legal advisor to Edge Wealth Management. With this transaction, Beacon Pointe Advisors now oversees approximately $72 billion in client assets under advisement, supported by more than 850+ team members across 95+ offices nationwide. 

Representatives from Beacon Pointe Advisors and Edge Wealth Management are available for interviews upon request.

About Beacon Pointe Advisors:

Beacon Pointe Advisors is one of the nation’s largest registered investment advisers (RIAs), with offices and clients located nationally. Clients have long relied on Beacon Pointe’s professional advisors to help determine investment goals, establish asset allocation guidelines, screen investment managers for selection, evaluate fund performance, and develop strategic, holistic wealth plans through our proprietary allWEALTH® approach. For more information on Beacon Pointe Advisors, please visit www.BeaconPointe.com.   

Media Contact:
Sydney Alacano
(949) 721-1792
salacano@beaconpointe.com 

Important Disclosure: Beacon Pointe Firm Data as of 11/01/26, total firm assets include approximately $69.6 billion in assets under management (“AUM”) and approximately $2.9 billion in assets under advisement (“AUA”). AUM are assets the firm manages on both a discretionary and non-discretionary basis. AUA are assets on which Beacon Pointe advises but does not provide regular supervisory and management services (e.g., consulting services).

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SOURCE Beacon Pointe Advisors