Beacon Pointe Wealth Advisors (BPWA) today announced it has added its fourth advisor partner, Independent Financial Advisors (IFA) of Riverside, Calif.

IFA is an independent, fee-only wealth management firm with $100 million in assets under management. Principals James Valmonte and Teri Parker join BPWA as managing directors and partners.

Affiliated with CPA firm Roorda, Piquet & Bessee, IFA blends the financial planning needs of their clients with the tax and reporting knowledge of RP&B.

Based in Newport Beach, Calif., Beacon Pointe Wealth Advisors works with its parent firm Beacon Pointe Advisors, an RIA with $5.6 billion in assets, to offer its members various services including compliance, investment research and marketing support.