Savant Makes Orion Capital Its Third RIA Acquisition

Savant Capital Management has closed on its third acquisition of a fellow RIA firm over the past 17 months with the purchase of Orion Capital Management of Winnetka, Illinois.

With the April 30 addition of Orion Capital’s $150 million in client assets, Rockford, Illinois-based Savant’s total AUM has risen to nearly $4.5 billion. As for future acquisition plans, Brent Brodeski, Savant’s CEO, said “we’ve got another one in the works,” and as for Orion, the plan is to “grow it to $500 million over the next three to five years.”

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