Savant Capital Management Acquires Green, Plagge & Shaw

Rockford, Ill.-based Savant Capital Management announced its acquisition of Green, Plagge & Shaw (GPS) of St. Charles, Ill.

“Typically, accounting firms employ a CFP or two, and it is rare to find a special group willing to join a large group of advisors” says Brent Brodeski, CEO of Savant. “But there is nothing typical about this deal – we are enhancing an offering that allows us to better serve our clients along with GPS’ existing clients. We are now even better suited to holistically empower our clients around their wealth management and corporate retirement plan needs and we are looking forward to having the GPS team on board.”

Savant views M&A activity as a way to bolster existing services, retain top talent and improve the client experience and will acquire only when an extensive set of qualifying criteria are met.

“While many accounting firms are now dabbling in providing investment and wealth management services to their accounting clients, we are not aware of another large established Registered Investment Advisory firm that has acquired a top accounting and tax firm,” says Brodeski. “This will provide Savant, GPS and our mutual clients an advantage since we will now be able to offer true best-in-class tax, accounting, consulting and practice management services, investment, wealth management and 401(k) plans.”

The partnership between the two firms finalized on Dec. 31, 2014. GPS will operate as a subsidiary of Savant Capital Management.