Farpointe Wealth Partners, an independent financial advice firm within the Cetera network, has added three new offices with a total of about $250 million in assets, according to a news release.

The firms include Richardson Financial Group, a Los Angeles-based firm founded in 1981. It's led by father-son team David and Ryan Richardson. It offers clients holistic tax and financial planning.

Canyon Oak Financial, also based in Los Angeles, is led by Jennifer deSpain, a certified public accountant and certified financial planner. It specializes in helping small business owners and families.

The third firm, Terzolo Financial Group of greater Syracuse, N.Y., was founded in 1996 by Shelly and Ed Terzolo.  

“The addition of these new practices underscores our value proposition and highlights our mission to build a culture-first organization,” Scott Rawlins, Farpointe's co-founder, said in a statement. “Ryan, Dave, Jen, Ed, Shelly and their teams have built thoughtful, client-centric businesses, and together we will work to expand their firms with intention and by enhancing what makes their practices unique,” he said.

“All of these teams already had successful businesses but saw a brighter future with Farpointe’s support and advocacy. We are their jet propulsion lab for growth,” added co-founder Brian Stern.

Rawlins and Stern launched Farpointe in December of 2020. The industry veterans seek to partner with advisors looking for superior service and resources to drive increased growth in a collaborative advisor community, the release said. “Farpointe provides its advisors a comprehensive wealth management platform with a highly specialized team that understands the unique position the CPA and tax professional holds in providing impactful financial advice. Farpointe provides in-depth support and capabilities to its growing community of advisors who value collaboration, alignment and deep personal relationships,” it stated.

Ron Krueger, the head of Cetera’s community of tax professionals, said Farpointe’s momentum and growth is a testament to its value proposition and unique skill set. “The Farpointe team and Cetera share the same philosophy that strong culture and working with collaborative, like-minded advisors fuel thoughtful growth. Cetera is thrilled by this news, and we are excited to welcome these new teams.”