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AlphaCore Wealth Advisory Strengthens National Platform Through Acquisition of SPC Financial, Deepening Tax-Integrated Wealth Planning Service Capabilities

via Business Wire

Partnership expands AlphaCore’s East Coast presence while strengthening next-gen wealth management offerings

AlphaCore Wealth Advisory (AlphaCore), a leading independent registered investment advisory firm, continues to expand with its most recent acquisition, further establishing an East Coast foothold while broadening the firm’s tax planning and preparation capabilities.

AlphaCore announces today the acquisition of SPC Financial, Inc. (SPC), a Rockville, Maryland-based wealth advisory and tax services firm, advancing AlphaCore’s strategic vision to build a next-generation wealth management platform that combines scale, innovation, and a boutique culture of personalized service. Led by President and CEO Edward “Jeff” Sella, SPC was founded in 1970 and has a well-established presence in the greater Washington, D.C., Maryland, and Virginia region. The partnership adds $1.5 billion in client assets and expands the team with nearly 40 professionals focused on wealth advisory and tax planning.

At the close of the transaction, the combined firms will have more than $8.5 billion in client assets and over 100 employees, serving clients from AlphaCore’s La Jolla, California headquarters, and additional offices in Denver, Colorado; Austin, Texas; Greenwich, Connecticut; and Rockville, Maryland.

“When we founded AlphaCore, our vision was to build an enduring boutique wealth management firm that delivers a premium client experience through both scale and comprehensive services,” said Dick Pfister, Founder and CEO of AlphaCore. “This partnership with SPC, following our acquisition earlier this year with Callan Capital, is transformative for our firm, our advisors, and the clients we serve.”

“Joining AlphaCore represents a natural evolution for SPC and our clients,” said Jeff Sella. “We share a commitment to a fiduciary mindset of integrity and long-term client success. What made this compelling for our team was the idea that the firm was motivated to build a lasting business that fostered more opportunities for our clients and advisors.”

AlphaCore remains committed to developing top talent and expanding the capabilities that will define the next generation of wealth management. The firm recently added David Stubbs, Chief Investment Strategist from Blackstone; Walter Murphy, Director of Business Development for the Northeast; and Natalie Roberts, Chief Compliance Officer. Internally, AlphaCore promoted Associate Director of Research Madeline Hume, and is welcoming several new partners: Brad Lipman, Director of Tax, Jason Davis, Director of Advisory, and Senior Wealth Advisors Rory McGlynn and Matt Gilchrist.

AlphaCore’s Head of Corporate Development Aidan Walsh added, “We have spent considerable time building a relationship with Jeff and the SPC leadership team, and that trust is at the center of this partnership. Their team will be central to our next phase of growth and the continued development of our tax and advisory capabilities.”

The time spent building the relationship with the SPC underscores the mindset of growth combined with the cultivation of community that founder, Pfister, deems so important for a quality client and advisor experience. The firm has paired its inorganic growth strategy with a deliberate focus on building community demonstrated through its Third Annual AlphaCore Wealth Summit client event, held in La Jolla. The most recent edition concluded earlier in October featuring speakers: Anne Marbarger, CEO of Curebound, Robert Smith, Founder of Vista Equity Partners, and Drew Brees, future NFL Hall of Fame quarterback.

“We have almost doubled our capacity to serve clients this calendar year through a combination of thoughtful acquisitions and underlying organic growth,” expresses Pfister. “This progress does not happen without cultivating a community of clients, advisors, and professionals who share our vision for the future of wealth management. The addition of the SPC team marks a defining moment as we continue building toward that vision.”

The transaction is expected to close in the fourth quarter of 2025, subject to customary closing conditions. Financial terms were not disclosed.

About AlphaCore Wealth Advisory

AlphaCore Wealth Advisory is an independent wealth advisory firm dedicated to helping clients build, preserve, and protect their wealth. Headquartered in La Jolla, California, with offices nationwide, AlphaCore takes a comprehensive approach to wealth planning and strives to deliver sophisticated investment management services by providing access to both traditional and alternative investments. Supported by in-house research, operational resources, and modern technology, AlphaCore advisors place clients’ goals at the center of every financial plan.

Learn more at www.alphacore.com

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