Lundqvist Wealth Strategies and Ideal Life Advisors, both DBA affiliates of Golden State Wealth Management, an RIA headquartered in South Coast Metro, Calif., have merged, with a combined total of $110 million in client assets, the companies announced earlier this week in a news release.
Ideal, led by founder Jim den Dulk in Folsom, Calif., manages $60 million in client assets, while Lundqvist, led by husband-and-wife-team Daniel Poppers and Gabriella Lundqvist in Granite Bay, Calif., manages $50 million in client assets.
Golden State has been acting as a consultant to both firms' executives, who have known each other for 14 years, and helped facilitate the merger, the release said.
“We are excited to join forces and I appreciate the vitality, enthusiasm and new energy that Gabriella and Daniel bring to the company,” den Dulk said in the news release. “The three of us have an unsurpassed dedication to our clients.”
The merger transaction closed with den Dulk remaining in active participation alongside Lundqvist and Poppers, the release said.
Founded in 2013, Golden State has partnered with advisors serving over $1.7 billion in brokerage and advisory assets as of April 2020.