Kingswood Links with $1B Eudaimonia RIAs

Kingswood US has acquired two RIA units of Nashville, TN-based Eudaimonia Group and entered a strategic alliance with Eudaimonia’s third RIA unit, which between them manage over $1B in client assets, according to a September 24 press release.

Eudaimonia Partners and Eudaimonia Advisors join the Kingswood network with 17 advisors who will remain under the leadership of Eudaimonia Group President John Goodson. Goodson, who also founded the firm, will in turn report to Kingswood US CEO Michael Nessim. 

Kingswood said it also entered into a strategic alliance with Eudaimonia Asset Management, a “turnkey asset management-based RIA” headed by Eudaimonia Group Chief Investment Officer Scott Poore. The deals were closed on September 1. 

Kingswood US is part of the Kingswood Group, which oversees over $15B in global assets. 

View the press release here.