Wescott Financial Advisory, an investment advisory and wealth management firm, agreed to acquire Asset Planning Services, a wealth management firm. Financial terms were not disclosed. "APS joining our strategic enterprise brings to the forefront the growing importance of options for firms as they search for a platform company that offers attractive alternatives to some of the larger acquirers. While the RIA industry has experienced significant consolidation over the past few years, firms like APS are looking for a partner who will offer them the scale, infrastructure, professional management, technology, institutional knowledge and benefits they need, while also giving them the opportunity to remain an influential voice within a combined firm. Wescott was able to offer APS a combination of liquidity and continued participation in the growth of our entrepreneurial enterprise," Grant Rawdin, Wescott Founder and CEO.