BridgePort Discloses Two Q4 RIA Pickups, Adding $400M in AUA

BridgePort Financial Solutions, an RIA launched by Cambridge Investment Research in 2024, announced that it acquired Roseville, CA-based PearTree Advisory Group and Premier Wealth Advisors of Indianapolis in the fourth quarter of 2024, adding a combined $400M in assets under administration.

PearTree Advisory was founded in 2006 by Brian Peardon, specializing in the ERISA retirement plan space. The firm reportedly manages $275M in AUA. Premier Wealth was founded in the same year by Robin Hall, developing an expertise in wealth management catering to high-net-worth, multi-generational families and managing $140M in client assets. Both PearTree Advisory and Premier Wealth were also previously affiliated with Cambridge, according to a January 21 report by WealthManagement.com.

In the report, Bridgeport managing director Eddie Rollins said that these recent purchases bolsters the firm’s commitment to providing resources to its advisors for long-term growth. Bridgeport has made four acquisitions since its inception in 2024, all of which were Cambridge affiliates.