Beacon Pointe completed the acquisition of Wealth Design.

Beacon Pointe, a registered investment adviser, completed its acquisition of Wealth Design, an investment advisory company. Financial terms were not disclosed. "Adding Wealth Design provides further density to the Beacon Pointe presence in the Silicon Valley area. Silicon Valley is one of the most prolific wealth creating regions in the US and the world, and an enhanced presence in the area is helpful," Matt Cooper, Beacon Pointe President.