Covenant Multifamily Offices, LLC, headquartered in San Antonio with offices in Boerne, Dallas and Oklahoma City, announced the successful completion of the acquisition of One Advocate Group, a financial planning and investment advisory firm also based in San Antonio, Texas. Valid from January 1stst, One Advocate Group has initiated its transition to the Covenant brand.
“I am very happy to be part of Covenant. The synergies of the two companies fit together perfectly and will bring added value to the families and companies we look after!” said Tommy Oliphint, founder of the One Advocate Group.
Tommy will serve as a Senior Family Wealth Advisor at Covenant. With the addition of five team members and 150 clients to One Advocate Group, Covenant will oversee $ 2.3 billion in assets under management. Covenant strives to continue their growth by actively seeking to partner with like-minded advisors who share its core values.
“Tommy and I have known each other for nearly 25 years,” said John Eadie, founder and CEO of Covenant Multifamily Offices. “This is an exciting opportunity to bring our companies together to serve the Central Texas marketplace. We look forward to the talented One Advocate Group team joining Covenant at launch in 2021. “
Further information on the acquisition or the company can be found at www.covenantmfo.com or send an email to [email protected].
About Covenant Multifamily Offices, LLC
Covenant’s promise is in his name. The asset management company exists to provide personalized financial advice based on Lifestyle’s key tenants. Heritage. Philanthropy.® The Covenant team is committed every day to relieving individuals and families from the daily worries of financial management in order to empower them to pursue their passions and interests. Covenant serves clients from its offices in San Antonio, Boerne, Dallas and Oklahoma City. For more information on Covenant, see www.covenantmfo.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210120005524/en/