Wealthcare Acquires Sommers Financial Management

Wealthcare Advisory Partners LLCĀ (“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 inĀ Scappoose, OR, andĀ Tucson, AZ, Sommers Financial was founded in 2002 and advises on more thanĀ $100 millionĀ in assets under management...

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