Pointwealth Acquires $200M Book from Sherman Oaks (CA) Advisor

Pointwealth Capital Management, which operates under the Golden State Wealth Management brand, announced that it has acquired veteran Sherman Oaks, CA-based financial advisor Glenn Hruska and his $200M book of business, increasing the firm’s total AUM to over $450M.

The move was driven by Hruska’s imminent retirement, Pointwealth said. According to his BrokerCheck profile, Hruska has been an LPL-affiliated advisor for 31 years, and Pointwealth Capital founder and President Sandra Cho is also LPL affiliated. Encino, CA-based Pointwealth characterized the acquisition as a “significant milestone” as it seeks to further expand its wealth management presence.

Written By: Dakota

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Pointwealth Acquires $200M Book from Sherman Oaks (CA) Advisor

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