Covenant Multifamily Offices, a San Antonio-based wealth advisor, has acquired privately owned Bridge Wealth Management, and has rebranded the Tyler, Texas, firm Covenant Wealth Management.
In an announcement last week, Covenant Multifamily Offices said the acquisition would add 126 relationships, representing $200 million in investable assets, and bring its client roster to more than 240 families and total assets under management to some $1.3 billion.
Two-year-old Covenant provides its ultrahigh-net-worth clients integrated wealth management services, family governance services, concierge and boutique planning and investment services. Bridge's services have focused on financial planning, investment management and tax planning.
