Abry-backed Beacon Pointe Advisors completed the acquisition of Ferrell Wealth Management.

Abry-backed Beacon Pointe Advisors, one of the largest independent Registered Investment Advisory firms in the US, completed the acquisition of Ferrell Wealth Management, a private wealth management firm. Financial terms were not disclosed. "We will continue to remain true to our foundation in every aspect of the business – providing the best service to our clients, treating our team well and nurturing our firm culture, keeping leadership intact and our mission and vision at the core focus of everything we do. We are grateful to have a partner in Abry – their team and expertise are phenomenal, and we are excited for what the future holds," Shannon Eusey, Beacon Pointe CEO.