Northbrook-based wealth management firm Relative Value Partners Group LLC announced this week that industry veteran Rebecca Deaton will join the firm as a partner.
Deaton, who has 25 years of experience advising high net worth individuals and families nationwide, is expected to join the firm later this year. The team of six people who support her and her clients should also join us.
Founded in 2004, Relative Value Partners Group, 1033 Skokie Blvd., provides investment strategies, financial planning, estate planning, tax planning and other services to wealthy families and institutional clients nationwide.
“We have enormous respect for Rebecca and her experienced team. Our teams share a similar strategic vision, and we are confident that this transaction will add significant long-term value to our combined customer base and transform the future of our business,” Co-Founder and co-founder of RVP. CIO Maury Fertig said in a press release.
“We have sought to strengthen the depth and expertise of our team to provide more comprehensive planning services to clients with complex financial needs,” added RVP Co-Founder and CEO Robert Huffman III.
“Rebecca and her team will bring a level of expertise that complements and enhances our services. We are thrilled to complete this transaction and write the next chapter in our business history, ”said Huffman.
After the arrival of Deaton and his team, RVP is expected to have a total of 20 members, including six new certified financial planners. The transaction is part of a strategic initiative to extend the depth of the company’s planning departments and partnership team.
“My colleagues and I are delighted to join an experienced team and company with an excellent reputation and a history of success,” Deaton said in the press release.
“We will be able to take advantage of RVP’s in-depth planning and investment capabilities, which will create new opportunities and a high level of service to help my clients achieve their goals. We can’t wait to get started, ”she said.
The latest ADV form filed by RVP represents $ 1.59 billion in assets under management as of December 31, 2020.