BIP Wealth, a top-ranked Atlanta-based Registered Investment Advisor (RIA), has announced its acquisition of The Money Advisor Group, LLC (TMAG), marking a significant expansion in wealth management services across West Central Georgia, East Alabama, and surrounding regions. This acquisition is part of BIP Wealth’s new BIP Alliance initiative, designed to enhance its service offerings and extend its market reach.

Through this acquisition, TMAG clients will gain access to BIP’s advanced wealth management platform, which includes private market investment solutions and sophisticated planning capabilities. TMAG, founded in 2001 by Tim Money, is renowned for its dedication to providing unbiased financial advisory services, including retirement planning and comprehensive wealth management.

Tim Money, the founder of TMAG, emphasized the alignment of values between the two firms, noting that their focus has always been on prioritizing client and team member care. “Our longstanding commitment to serving our clients in every way possible continues to be our primary mission,” Money stated. This partnership is expected to enhance the service offerings to TMAG’s clients while maintaining the firm’s core values and client-first approach.

For BIP Wealth, which was recently named on wealthmanagement.com’s RIA Edge 100 and ranked in the top 3 on the Atlanta Business Chronicle’s 2023 Best Places to Work list for medium-sized companies, acquiring TMAG is a strategic move to enhance its market presence. “The TMAG acquisition will enable BIP to extend our unique value proposition in partnership with people who share our values,” said Bill Harris, CEO of BIP Wealth. This acquisition increases BIP’s assets under management (AUM) to over $3.3 billion.

Mark Buffington, CEO of BIP Capital and Co-founder of BIP Wealth, also highlighted the enhanced capabilities that the merger would bring. “Our unique investment platform enables clients to earn significantly higher risk-adjusted returns through a sophisticated portfolio management and planning process,” Buffington explained.

With this acquisition set to close on May 22, 2024, The Money Advisor Group will continue to operate under the leadership of Tim Money as President, integrating seamlessly into the BIP family. BIP Wealth will continue to serve an expanded client base from its offices in Atlanta, Alpharetta, Nashville, and now Columbus, GA.

  BIP Wealth, Financial Acquisition, Investment Advisory Services, The Money Advisor Group, Wealth management