Navitas Wealth Management, a Mississippi-based boutique wealth advisory firm, has broken away from Kestra Financial to merge with Csenge Advisory Group (CAG), bringing a total of $170M in assets under management, according to a company release.

The release said Chris Tipton and his team had been with Kestra for 21 years. Tipton's firm, Wealth Management, recently merged with Navitas Wealth Management, who already has a deep relationship with Csenge, the release said.

Tipton will serve as the new Navitas Managing Partner of Wealth Management, which makes the move with CAG even more relevant and critical to the ongoing the success of both firms, noted the release.

“CAG's unbiased and product agnostic options in the asset management arena are important to advisors. Chris’ focus on clients is enhanced by our offerings and expertise,” Eric Caisse, partner and chief investment officer for Csenge, said in a statement.

The release pointed out that advisors are attracted to CAG's unique approach to asset management and their partnership with Lion Street Financial (LSF), a producer-owned firm, which focuses on helping build their producers/owner practices through a unique collaboration strategy.

Clearwater, Fla.- Csenge Advisory Group, founded in 1999 by John Csenge, is an established Ofice o Supervisory Jurisdiction (OSJ) and RIA. This latest merger brings the firm’s assets under advisement to $1.5B, with another billion in the pipeline with pending acquisitions, the release said.