Savant Capital Management and The Monitor Group have finalized their previously-announced merger to create Savant Capital, a national RIA with $2.7 billion in assets under management.
Rockford, IL-headquartered Savant Capital will have ten offices across Illinois, Wisconsin, Virginia and Florida, offering investment management, financial planning, and family office services to individuals, trust funds, retirement plans and non-profit organizations.
The board managers are Thomas Muldowney, chairman and principal; Brent Brodeski, chief executive and principal; Richard Bennett, chief operating officer and principal; and Glenn Kautt, vice chairman and principal (previously president and chairman of The Monitor Group). Prior to the combination, Muldowney, Brodeski and Bennett were principals at Savant Capital Management.
Savant Capital combines The Monitor Group's estate planning and tax preparation capabilities with Savant Capital Management's divisions. Savant Capital Management also has an institutional division which provides advisory services to 401(k) and company retirement plans, endowments, foundations, and private trusts.
Both firms are members of the Zero Alpha Group, an international network of independent investment advisory firms.