The art of the deal is not only alive and well in the independent RIA space, but flourishing, thanks to industry leaders who understand that bigger can be better when growing their brand and its value.

One firm that made Financial Advisor's 50 Fastest-Growing Firms List in previous years has found a new path towards growth. Instead of acquiring smaller firms, it recently merged with a larger one.

In 2014, Financial Advisor Magazine reported that Brookstone Capital Management, headquartered in Wheaton, Ill., was ranked 28th out of 50 fastest-growing RIAs.

That was then.

This year, the Clearwater, Fla.-based AmeriLife Group, which markets and distributes annuity, life and health insurance products, acquired a majority interest in Brookstone, creating “one of the largest independent marketing and RIA organizations in the U.S.,” according to a news release.

The reported combined organization will have more than $3.3 billion in annual life, health and annuity premiums, and $2.7 billion in assets under management (AUM).

That’s impressive, but here, in ascending order, are Financial Advisor's top 10 fastest-growing firms of 2019, each with their own success story:

10.  Axxcess Wealth Management, LLC

Axxcess Wealth Management, founded in 2012 and headquartered in Carlsbad, Calif., ended 2018 by growing its client assets as quickly as its clientele. The firm reported $777.74 million in total assets, a 50.65% increase over 2017, with a total of 875 clients investing 11.91% more in assets per client.