SAN ANTONIO–(BUSINESS WIRE)–Covenant Multifamily Offices, LLC, headquartered in San Antonio with offices in Boerne, Dallas, and Oklahoma City, announced the successful completion of its acquisition of One Advocate Group, a financial planning and investment advisory firm also located in San Antonio, Texas. Effective January 1st, One Advocate Group has initiated their transition to the Covenant brand.
“I am very excited to be part of Covenant. The synergies of the two firms were a great match and will bring added value to the families and businesses we serve!” said Tommy Oliphint, Founder of One Advocate Group.
Tommy will serve as a Senior Family Wealth Advisor at Covenant. With the addition of five team members and 150 clients from One Advocate Group, Covenant will have oversight of $2.3B in assets under management. Covenant aims to continue their growth as they actively seek to align with like-minded advisors who share their core values.
“Tommy and I have known each other for almost 25 years,” said John Eadie, Founder and CEO of Covenant Multifamily Offices. “This is an exciting opportunity to bring our firms together to serve the Central Texas marketplace. We look forward to having the talented One Advocate Group team join Covenant to kick off 2021.”
About Covenant Multifamily Offices, LLC
Covenant’s promise is in its name. The wealth management firm exists to provide personally tailored financial guidance rooted in the key tenants of Lifestyle. Legacy. Philanthropy.® The Covenant team sets out each day to unburden individuals and families from the daily cares of financial management in order to empower them to pursue their passions and interests. Covenant serves clients at its offices in San Antonio, Boerne, Dallas, and Oklahoma City. More information on Covenant can be found by visiting www.covenantmfo.com.