M&A – Acquisition of Wedgewood Partners’ Private Client Business by iM Global Partner

On August 2, 2023, Litman Gregory Wealth Management (LGWM), a subsidiary of iM Global Partner, announced that it has completed its acquisition of the private client business of Wedgewood Partners Inc. (WPI), an investment advisor with $275M in assets under management within its private client business.

Litman Gregory Wealth Management, based in the San Francisco bay area, is an advisory firm serving a nationwide client base providing independent wealth management services with over $2 billion in assets under advisory. Its parent, iM Global Partner, is a worldwide asset management network, based in Paris, France. Wedgewood Partners Inc. is a St. Louis-based SEC-registered investment adviser offering comprehensive wealth management services to clients including high net worth individuals, pension/profit sharing plans, foundation & charities.