Press Release

Beacon Pointe Advisors Establishes Washington D.C. Presence with Female-Led RIA

Issued by Beacon Pointe Advisors

Oct. 8, 2025

he Family Firm, managing $857M in assets, chooses Beacon Pointe for its next chapter of growth.

NEWPORT BEACH, Calif., Tuesday, October 7, 2025 – Beacon Pointe Advisors (“Beacon Pointe”) announces its latest acquisition of The Family Firm in Bethesda, MD, deepening the firm’s roots in the Mid-Atlantic region and strengthening its female-focused leadership and client services. This strategic addition brings the firm’s total assets under advisement (AUA) to approximately $49 billion, marking 10 transactions this year. With continued expansion, allWEALTH® reinforces its role in providing clients across the country with a truly holistic wealth management experience.

The Family Firm has always kept its focus simple: helping clients live confidently with the wealth they’ve built, while ensuring it endures. The $857M Bethesda-based firm has gone beyond traditional financial advice by seamlessly integrating investment management with personalized planning and strategies tailored to unique life circumstances for over four decades. The Family Firm has built a distinguished reputation for guiding professionals and business owners through the complexities of wealth management and retirement planning. Backed by many years of trusted expertise, the firm remains steadfast in its commitment to safeguarding and strengthening clients’ financial futures at every stage of life. A hallmark of the firm is its deep experience in guiding women through life’s most meaningful milestones, anchored by the leadership of its two female partners, Kate Fries, CFP®, CDFA®, and Stacy Bakri, CFP®, CDFA®. This strength will be an invaluable addition to Beacon Pointe’s Women’s Advisory Institute, as both organizations share a commitment to supporting female clients with compassion and expertise through trials, transitions, and triumphs. As part of Beacon Pointe, The Family Firm’s team of 10 talented professionals will carry forward their legacy of comprehensive financial planning and investment management, while offering clients access to expanded allWEALTH® resources and a nationwide team. Partner and Managing Director, Stacy Bakri, CFP®, CDFA®, reflects, “As we got to know Beacon Pointe’s leadership and shareholders, it was clear that they truly understand many of the unique challenges independent advisory firms face. Their creative problem-solving abilities, collaborative nature, and firm commitment to putting clients first give Kate and me great confidence that this partnership will only deepen the personalized care and support our clients have always counted on, trusted, and appreciated.” With this acquisition, Beacon Pointe strengthens its presence in Maryland and builds on a collective dedication to client-first service across the greater East Coast region.

Beacon Pointe CEO Shannon Eusey expands on the acquisition, “The Family Firm’s female-led and family-rooted approach mirrors what we truly value, which is a business model that is deeply personal, community-focused, and built to last. We are excited to join forces and continue shaping the future of wealth management together.” President Matt Cooper remarks, “At Beacon Pointe, we strive to be a home that like-minded firms choose – those who share our mission of client-first guidance and a people-centered culture. The Family Firm’s values align seamlessly with ours, and this partnership sets the stage for long-term success.”

The acquisition of The Family Firm formally closed on September 15, 2025. Alaris Acquisitions, an M&A advisory firm specializing exclusively in the wealth management industry, acted as the advisor for The Family Firm transaction. With this transaction, Beacon Pointe Advisors now oversees approximately $49 billion in client assets, supported by more than 600 employees across 75+ offices nationwide.

Representatives from The Family Firm and Beacon Pointe Advisors are available for interviews upon request.

About Beacon Pointe Advisors:

Beacon Pointe Advisors is one of the nation’s largest registered investment advisers (RIAs), with offices and clients located nationally. Clients have long relied on Beacon Pointe’s professional advisors to help determine investment goals, establish asset allocation guidelines, screen investment managers for selection, evaluate fund performance, and develop strategic financial plans through our proprietary allWEALTH® approach. For more information on Beacon Pointe Advisors, please visit www.BeaconPointe.com.

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