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The Mather Group Acquires Portland-Area Firm, Cedar Financial Advisors

Oct 03, 2022•almost 3 years ago

Acquiring Company

The Mather Group

Acquired Company

The Mather Group

Description

The Mather Group, LLC (TMG), a wealth management firm with 13 offices across the country and more than $8.4 billion in assets under management (AUM, as of 8/31/22), has announced its acquisition of Cedar Financial Advisors, LLC (Cedar), a registered investment adviser (RIA) firm based in Beaverton, OR.

Company Information

Company

The Mather Group

About

The Mather Group is an independent wealth management firm and fiduciary helping high-net-worth individuals achieve their unique vision of retirement.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed