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Wealthcare Acquires Sommers Financial Management

Wealthcare Acquires Sommers Financial Management

January 13, 20234 min

Wealthcare Advisory Partners LLC (“Wealthcare” or the “Company”), a technology-enabled full-service RIA that supports independent financial advisors and a NewSpring Holdings platform company, today announced the acquisition of Sommers Financial Management (“Sommers Financial”). This deal marks Wealthcare’s third RIA acquisition in the past six months and expands the Company’s presence in the direct advisory market. With advisors in Scappoose, OR, and Tucson, AZ, Sommers Financial was founded in 2002 and advises on more than $100 million in assets under management...

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