April 01, 2018

Strasbaugh Financial Advisory Joins Buckingham Strategic Wealth

Buckingham Strategic Wealth, the St. Louis-based wealth management firm with a nationwide footprint, has expanded its presence in Colorado and increased its depth of talent there through the acquisition of Colorado Springs-based Strasbaugh Financial Advisory, which will assume the Buckingham name.

Strasbaugh Financial Advisory, founded in 1998 by Susan Strasbaugh, CFP®, EA, AIF®, provides investment management and comprehensive financial planning services to individuals, families and business owners. Like Buckingham, Strasbaugh Financial Advisory operates as a fee-only fiduciary to its clients, many of whom are corporate executives and retirees in Colorado and throughout the western United States.

“We are extremely excited for the opportunity to leverage Buckingham’s considerable technological, fixed income and thought leadership resources, as well as the vast experience and strategic alliances that it has been building for more than two decades, to better help our clients achieve their most important financial and life goals,” Strasbaugh said. “Building strong relationships and doing what’s best for our clients has been our driving principle since the start. Joining Buckingham, a firm that shares our core values and comprehensive approach to wealth management, will allow us to continue serving our clients at the highest possible level.”

The transaction, which closed April 1, 2018, also brings Jamie Slaughter, CFP®, Alyssum Malone and Jennifer Graff to the Buckingham team, along with more than $167 million in assets under management (as of March 15, 2018). Richard Strasbaugh, who served as Strasbaugh Financial Advisory’s vice president and chief operating officer, is leaving the financial services industry to pursue a career in political consulting.

Buckingham CEO Adam Birenbaum echoes Strasbaugh’s sentiment. “It’s a great honor to welcome Susan and her outstanding team to the firm as we align our efforts to enrich the values-based financial planning work we do with our clients,” he said. “We’re just thrilled to formalize our shared vision, one that focuses on highly engaged and profoundly personal relationships to better serve clients, with such a wonderful group of people and truly dedicated advisors.”

With the addition of Strasbaugh Financial Advisory, a continuation of the firm’s impressive transaction story, Buckingham now has Colorado locations in Denver and Colorado Springs. Since its first transaction in 2010, Buckingham has grown to include offices in a total of 23 cities nationwide.

“Continuing to build the Buckingham family is a crucially important part of our ongoing strategic effort to deliver ever-deeper, more holistic and evolved wealth management solutions to current and future clients in Colorado Springs and across the country,” Birenbaum said. “This transaction adds to our experienced and exceptional talent base, enhancing our ability to make a difference in our clients’ lives. Together, and as a clear result of our common philosophy, we are even better positioned to help free our clients from worry over the daily ups and downs of the market so they can instead focus on what really matters.”

Buckingham is a partner firm within Focus Financial Partners and home to BAM Advisor Services and The BAM ALLIANCE, a community of more than 130 independent, like-minded advisory firms throughout the country that collectively manage or administer $34.3 billion (as of March 15, 2018).

The opinions expressed by featured authors are their own and may not accurately reflect those of the BAM ALLIANCE. This article is for general information only and is not intended to serve as specific financial, accounting or tax advice.

© 2018, The BAM ALLIANCE