Coyle Financial Counsel, a successful independent registered investment advisory (RIA) firm, announced November 30, 2015, a major step in its plan to provide completely integrated wealth management services by merging with Wheaton Wealth Partners.
The deal has increased Coyle’s current Assets under Advisement (AUA) to approximately $860 million, adds to its Chicago-area footprint, and extends Coyle’s geographic presence with a full-time office in Naples, Florida.
The merged firm gives clients access to a greater breadth of knowledge and professional expertise to better serve them and their families. The merger also brings a deeper level of experience, with the principals having a combined 135-plus years as wealth management advisors.
Coyle Financial Counsel, founded in 1972 by Edward Coyle, continues to be the business name for the combined companies.
“Our expanded presence strengthens our ability to deliver targeted, comprehensive, integrated and collaborative services to our clients and their families,” notes Gary Klaben, Coyle’s CEO and a Managing Director. “The expanded Coyle team is leveraging the complementary skills of every company team member.”
“Coyle’s merger growth is not about getting bigger – it’s about getting even better,” notes Kevin Coyle, a Managing Director. “Families continue to grow and change in a dynamic environment. They must meet new challenges and solve new problems.
“To help them, wealth management firms also must grow and change, by ensuring their employees have the best-in-class skills and tools necessary to mentor families successfully,” he adds.
“The union of Coyle and Wheaton is a great match-up – a natural progression for business growth and client service,” remarks Robert K. O’Dell, Wheaton’s co-founder. “Our unstinting 24/7 mission is built on helping families understand their situation, manage their affairs, and get on with their lives.”
“Increasingly, we are helping younger families with their more complex business affairs and extended-family issues,” says Heather M. Coulter, Wheaton’s co-founder. “Many women, whether married or single, want to understand and take more direct control over their financial lives.”
Prior to merging, Coyle introduced Wheaton to the value of “mind map” diagrams, for visually organizing client information and aiding memory, visual thinking and problem-solving. To see how mind maps play a key role in helping our clients make informed decisions, please explore Mind Map Clarity.
Mind Map Clarity