ROCKFORD, Ill. (June 29, 2021) — Savant Wealth Management, a nationally recognized, fee-only wealth
management firm headquartered in Rockford, announced it has entered into an agreement to acquire
AMDG Financial (FAS), a fee-only RIA serving nearly 300 clients, and AMDG Business Advisory Services
(BAS), a tax and accounting firm. Both businesses are located in Plymouth, Michigan. The acquisition will
expand Savant’s national footprint and mark the firm’s formal entry into the Michigan market. In addition,
the deal challenges the conventional M&A approach by demonstrating Savant’s commitment to building a
culture of excellence and growth, as well as its desire to partner with firms interested in growing,
addressing succession planning needs, and enhancing the value proposition they offer to clients, team
members, and the communities they serve.
In 2019, Savant announced a proactive and innovative approach to RIA acquisitions, assembling a team of
seasoned M&A leaders to assist with its acquisition strategy and goal of improving a million lives in 25
years. This innovative M&A approach, combined with a unique capital structure, has enabled Savant to
sustain a competitive advantage in securing lasting partnerships with firms seeking an alternative to RIA
aggregators and short-term “roll-up” firms backed by private equity.
“Unlike traditional M&A approaches, Savant seeks partnerships that blend culture, talent, and expertise to
make us – and the RIA industry – better,” said Brent Brodeski, CEO of Savant. “AMDG Financial is a
prospering independent RIA with a focus on integrating tax, financial and investment strategies with AMDG
Business Advisory Services. The firm’s founding partner, Wayne Titus, CPA/PFS, AIFA®, shared with us
AMDG’s vision to provide additional resources to clients and growth opportunities to employees. We were impressed by AMDG’s talented team and commitment to clients and knew a partnership could benefit all of
our clients, Savant and AMDG.”
“In talking with Brent and others at Savant, we realized we share common core values and cultures, as well
as investment and client service philosophies,” said Titus. “Joining Savant also appeals to our vision of being
impactful to our community by expanding our reach as well as the types of services we can provide to our
clients, such as in-house estate planning and trust services.”
With assets under management of nearly $250 million, AMDG Financial has served the greater Detroit area
along with AMDG Business Advisory Services since 2002. The firms’ employees join Savant’s team of more
than 200 employees, with AMDG’s five equity partners joining as owners. Savant serves more than 6,500
clients and manages $10.5 billion in assets.
“Savant’s M&A philosophy is different from the transactional deals you typically see throughout the RIA
industry,” said Kevin Hrdlicka, chief operating officer and the M&A integration process lead at Savant. “This
is intentional as we seek partners with new perspectives and areas of expertise that complement our work.
We don’t want to be known as the biggest RIA. We want to be known as the best RIA in the nation.”
For more information about Savant Wealth Management, visit savantwealth.com.
About AMDG FAS-BAS Holdings
AMDG FAS-BAS Holdings owns AMDG Financial, a fee-only fiduciary RIA, and AMDG Business Advisory
Services PLC, a tax and accounting firm providing tax preparation, payroll and bookkeeping services. AMDG
Financial manages approximately $250 million in assets for clients, and was one of the first 10 firms globally
to be certified by the Centre for Fiduciary Excellence1 (www.cefex.org/advisor) as following global best practices for investment advisor fiduciaries. The companies’ credo is, “From financial wisdom, better
stewardship.”
###
1 CEFEX certification should not be construed by a client or prospective client as a guarantee that he/she will
experience a certain level of results if our firm is engaged to provide investment advisory services nor should it be
construed as a current or past endorsement of the firm by any of its clients.
