Aspiriant Enters Agreement with the Glowacki Group

LA-Based Independent RIA is Second Firm to Join Aspiriant in Recent Months

LOS ANGELES – (Feb. 17, 2016) – Aspiriant, one of the nation’s leading independent wealth management firms, today announced that The Glowacki Group, a Los Angeles-based independent wealth manager, will merge with Aspiriant.

This will be the second independent wealth management firm in Southern California to join Aspiriant, following on the heels of the merger of San Diego-based Hokanson Associates with Aspiriant at year-end.

The Glowacki Group, which oversees $360 million in assets for 75 clients, was founded by industry leader Michael Glowacki in 1998. Both firms provide high net worth clients with investment management, financial planning and family office services.

Aspiriant, which manages or advises on more than $9 billion in assets, has grown both organically and through mergers with other independent wealth managers and today operates nine offices from coast-to-coast serving more than 1,300 client families.

“Based on our culture of independence and our employee ownership model, Aspiriant has become an attractive destination for independent wealth management firms across the nation that share our core values,” said Rob Francais, CEO of Aspiriant. “By joining Aspiriant, owners expand the career opportunities for their employees as part of a national firm and ensure the continuity of services for their clients for generations to come.”

“As part of Aspiriant, we are able to enhance our services to clients with a greater depth of investment and financial planning resources, as well as provide access to dedicated specialists with deep expertise in areas such as taxes, estate planning and philanthropy,” said Michael Glowacki, founder and CEO of The Glowacki Group. “We are proud to become part of an organization with Aspiriant’s reputation, resources and dedication to the highest standards of professionalism.”

“Michael Glowacki’s talent and decades of experience will be an asset for Aspiriant, in addition to the new capability he brings to the firm as a Certified Professional Coach,” Francais said. The combination with The Glowacki Group will significantly increase Aspiriant’s footprint in Los Angeles, a market that has relatively few RIA options given its size, according to Francais.

Under terms of the deal, Michael Glowacki becomes an owner/principal of Aspiriant.
The Glowacki Group, which has been in business for 18 years, will move into Aspiriant’s Los Angeles office this spring.

According to both CEOs, the firms are a strong fit with a shared focus on client service and attracting and retaining the best talent. “Both of our firms have deep roots in the accounting profession and were founded by CPAs,” Francais added, noting that “we have similar cultures that are built on a profound commitment to our clients, employees and the profession.”

About Aspiriant
Aspiriant is a leading independent wealth management firm, with more than $9 billion of assets under management and advisement. The firm provides a full range of wealth management services for more than 1,300 individual and family office clients throughout the country. Unlike many other wealth-management firms, Aspiriant is 100 percent owned by current and former employees, which ensures its long-term stability and independence. It has offices in Los Angeles, San Diego, San Francisco, Orange County, New York, Boston, Cincinnati, Milwaukee and Minneapolis.

About The Glowacki Group
The Glowacki Group is an independent wealth management firm based in Los Angeles with more than $360 million of assets under management, serving high net worth individuals, families and businesses. The Glowacki Group, founded in 1998, offers financial planning, investment management, and family office services. To assist families and individuals in managing change and complexity with confidence, The Glowacki Group provides professional coaching and counsel integrated with its wealth management services.