Pinnacle Advisory Team, a leading Wealth Monitoring Company in Columbia, MD with a workplace in Miami has actually sold to Congress Riches Management, a Boston-based RIA. Peak handles roughly $. Billion in possessions for households, as well as the mixed organization now has $. Billion in assets, workers and workplaces nationwide. According to Peak Managing Companion Dwight Mikulis, "After a lifetime of working with clients, the partners at Peak Advisory Group were searching for an investment banking firm that can browse not only the monetary elements of selling a practice after years but additionally function with a varied team of shareholders. Mike Bilotta and Gladstone Associates LLC achieved everything we were wishing for consisting of locating a remarkable firm to look after our clients as well as employees. There is no doubt that they can deal with any kind of transaction in the RIA room whether representing purchasers or vendors. They have the experience as well as perseverance to finish a difficult process as well as make it seem less complex for their clients." Per Scott Dell'Orfano, Chief Strategic Officer for Congress Riches: "Paul Lonergan Congress' President, CI Financial as well as our team have been actively thinking about purchase opportunities with a like-minded company that brought terrific ability and a compatible culture to the table, in order to aid with our critical development efforts. Pinnacle Advisory Group is an outstanding fit for the values and high-level client involvement that Congress has been known for considering that our development, and they were well-represented by Gladstone." Gladstone Associates LLC is a Pennsylvania company providing M&A- Advisory and Consulting solutions on a nationwide basis to Independent Financial Advisory Firms.