Farpointe Wealth Partners, an independent financial advice firm within the Cetera network, has added two firms with a combined $350 million in client assets, according to a news release.
The firms include First Oklahoma Advisory Group, a Tulsa, Okla.-based tax and wealth manager with nearly $240 million in assets. Founded in 1985 by Steven L. Wilson, the firm serves individuals, families and business owners, providing wide-ranging tax and wealth management services, and developing sophisticated, personalized portfolios for clients, the release said.
Wlson, who had been with Avantax Investment Services since 1994, according to BrokerCheck, founded First Oklahoma Advisory Group “with the mission to enhance all aspects of our clients’ financial lives,” he said in a statement. “As tax professionals and wealth managers, we take a holistic approach to achieving that goal, and it is important that we partner with a team that shares the same vision and values. Cetera and Farpointe are a great fit for our business, and we look forward to serving clients with enhanced capabilities thanks to this new affiliation."
Dahle’s Financial Services, a West Jordan, Utah-based father-son team operated by William E. Dahle III and Aaron Dahle, oversees about $110 million in assets. The firm combines tax and financial planning, the release noted.
William Dahle said they wanted a partner who was aligned with their business and clients, “and we value having a voice and the meaningful support and peer collaboration we get by joining Farpointe community,” said Dahle, who had been with Avantax since 1994. Aaron Dahle joined Avantax in 2007.
First Oklahoma Advisory Group and Dahle’s Financial Services are the eighth and ninth practices to join the Southlake, Texas-based Farpointe in nine months, with aggregate assets of more than $1 billion.