Massachusetts-based RIA Integrated Partners has added Prout Financial Design, headquartered in Traverse City, Michigan, to its network.
Prout Financial has over $331m in assets under advisement.
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It will utilise Integrated’s investment management platform as well as succession planning resources to support its growth.
Prout Financial is said to benefit from access to a “comprehensive” investment management platform, improved marketing support, and the Integrated CPA Alliance programme, aligning with its strategy to attract higher-net-worth clients, enhance advisory services, and initiate new projects including podcasting.
Integrated Partners chief growth officer Rob Sandrew said: “Dennis and his team exemplify the kind of client-focused, community-driven firm that thrives within the Integrated network.
“Prout’s deep roots in financial education and service align perfectly with our approach. We believe in empowering firms with the coaching, consulting and infrastructure they need to expand strategically and build a legacy that lasts.”
Heidi Cartwright, financial advisor and managing director at Prout, will collaborate with Dennis Prout and his son Nathan Prout to support the firm’s growth during the transition.
Cartwright said: “From our first conversation with Integrated, it was clear they understood our vision for the future.
“With their support, we can focus on what we do best—helping our clients achieve financial clarity and success while positioning our firm for long-term growth and success.”
In January this year, Retirement DNA, a firm with over $1bn in assets, also joined the Integrated network, enhancing its presence on the West Coast.
