Navigating M&A in wealth management? Let’s do it together! We'll unpack the jargon, add a sprinkle of humor, and offer a glimpse into the minds of buyers.
Always candid, with a dash of audacity that bucks tradition... we'll keep him around for now, at least.
The intellectual powerhouse of the trio, the "Velvet Hammer" consistently ensures the gents stay true and grounded.
How do you describe a man whose glasses always coordinate with his shoes? Mr. Muzik, our resident color expert, constantly challenges us with thought-provoking queries, all from the seller's viewpoint.
The Buyers Boardroom: Where industry titans and insiders converge, delivering unparalleled insights and masterclass expertise on wealth management deal-making. Dive into the epicenter of industry know-how.
Pat McClain is a Co-Founder and Senior Partner at Allworth Financial. The keynote speaker at financial conferences nationwide, for more than two decades he has co-hosted Allworth’s Money Matters, one of the longest running financial topic radio programs and podcasts in the country. Pat, who has led Allworth to be ranked 23rd on Barron’s list of the top RIAs in America,(1) was also recently named one of 10 “Icons and Innovators” for 2021 by InvestmentNews. Additionally, for his 30-years of volunteer work at the Sacramento Food Bank, including serving as Chairman of the Board, the New York based “Invest in Others” foundation bestowed upon Pat its once yearly Community Service Award in 2014.(*)
Under Pat’s direction, in 2020, Allworth Financial was named among the top five fastest growing advisory firms in the country by Financial Advisor magazine.(2) Over the past several years, Pat and his Allworth Co-Founder, Scott Hanson, have overseen the addition of a wide range of various service offerings by the firm, including tax planning and accounting. Through his stewardship, Allworth has grown to have offices in every region of the country and to serve over 18,000 clients and manage more than $15 billion in assets.(4)
Sacramento native Pat McClain, Kathy McClain, his wife of more than 30 years, and their four children, reside in El Dorado Hills, California.
Matt is a founding partner of Beacon Pointe Advisors and oversees the firm’s strategic plan focused on mergers and acquisitions, creating synergistic partnerships between Beacon Pointe and other wealth managers across the country. Matt has been featured in Financial Planning Magazine, Barron’s, InvestmentNews, Citywire, Financial Advisor IQ, and Forbes, among other publications. He also regularly speaks on a host of wealth management and industry-related topics across various national conferences. Matt has a passion for continuous lifetime learning with a focus on the wealth management and financial life management industries. At a time when the RIA industry is changing more rapidly than any other point in history, his focus is on building the best possible business to serve clients and to assist other wealth advisors in meeting their lifetime goals. Matt graduated from the University of Southern California Marshall School of Business with a BS in Finance and Business Economics. While at USC, Matt served as President for the Sigma Alpha Epsilon Fraternity. He remains a supporter of both the University and the National Fraternity. Matt has served on the Advisory Committee of Serving People in Need (SPIN), is past President of Newport Mesa National Junior Basketball, past President of the Andersen Elementary School Foundation (DEANS), is a member of Legatus International, and also served on the Investment Committee of The Orange Catholic Foundation. He lives in Dallas, Texas with his wife and has three sons. Matt enjoys traveling, running and exercise, and spending time with his family.
Matt is a Managing Partner focused on evaluating new investment opportunities and helping partner firms work through strategic and operational initiatives for growth and scale.
Before Merchant, Matt was Chief Business Development Officer and Head of Acquisitions for United Capital Financial Advisors, where he and his partners grew assets from $300m to $25b. Matt was responsible for United’s acquisition strategy, which led to 90 transactions over 15 years. Additionally, Matt launched and grew United’s wealthtech platform growing assets to $23b aum. United was purchased by Goldman Sachs in 2019.
Matt is an investor and board member for several wealthtech companies focused on organic growth, modern client experiences, and operational scale.
Matt is a guest columnist for wealthmanagement.com and a frequent guest on various podcasts and panels, speaking on M&A, client experience, and growth at scale. Matt guest lectures at UC Irvine, covering varying aspects of the US financial services industry.
Matt received an MBA from the University of California, Irvine, and a BA in Economics from the University of Colorado. Matt was named to WCC All-Rookie Soccer Team for St. Mary’s College.
Matt lives in Newport Beach, CA, with his wife and two children. Matt is as passionate about backcountry skiing, surfing, and endurance races as he is about working with founders and fellow entrepreneurs.
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