Greenspring Advisors is expanding its operations to Pennsylvania announcing the merger with ISI Financial Group, a Lancaster, PA-based RIA that manages more than $700 million in client assets.
Headquartered outside Baltimore, with offices in Towson, MD, and Paramus, NJ, Greenspring Advisors currently serves nearly 700 private wealth and corporate retirement clients, with just over $6 billion in AUM.
CEO of Greenspring Advisors, Pat Collins stated, “From the day we opened our doors in 2004, Greenspring’s guiding principle has been to enrich the lives of others by helping them to make better decisions for themselves and their families. Building a presence for us to do that in Pennsylvania, with a firm who shares the same heart and conviction, allows us to stay strategically focused on growth with a purpose.”
ISI Financial, a 100% fee-only independent Financial Advisor and Fiduciary has experienced substantial growth in past years serving nearly 475 clients, most of whom are high-net-worth.
Collins praised ISI’s leadership, Tim Decker, who will become Partner and Managing Director at Greenspring. “Tim has built a strong business and wonderful team of highly respected wealth management professionals whose values align with ours, making this a natural fit.”
“It’s the integrity, along with the breadth and depth of talent at Greenspring that was so attractive to me,” said Tim. “Being able to provide additional resources, services, and expertise to our clients while providing even more opportunities and stability for the ISI team, was the main driver of this decision. Joining one of the nation’s top wealth managers allows us to continue our unwavering commitment to outstanding, personal service.”
Tim brings along five other professionals – all of whom will continue to work for Greenspring – making for a deeper bench of talent. Combined AUM hovers at $6.8 billion, with Greenspring’s three locations now serving approximately 1100 clients.
ISI will assume the Greenspring Advisors name over the coming months.
Advisor Growth Strategies, LLC, a respected transaction advisor and consulting firm serving the registered investment advisor space, assisted both Greenspring Advisors and ISI Financial in this transaction.
About Greenspring Advisors:
Established in 2004, Greenspring Advisors was built on the fiduciary principle that the client comes first. Greenspring is an independent, fee-only firm that specializes in holistic, progressive, and unbiased investment advisory services to retirement plan fiduciaries, foundations, and endowments; and comprehensive wealth management services including financial planning for private investors. Continually recognized as a “best places to work”, Greenspring is also acknowledged as one of the country’s top 100 financial advisors in the nation; and one of the top five largest registered investment advisory firms in Maryland. The firm has offices in MD, NJ, and PA.
To learn more about Greenspring Advisors visit www.greenspringadvisors.com.
