Enterprise, Ala.-based Carr Riggs & Ingram, LLC (CRI) (FY13 net revenue of $161.3 million) acquired Plano, Texas-based Level Four Advisory Services (Level Four), a national wealth management firm. Level Four now operates as a division of Carr, Riggs & Ingram, creating a synergistic relationship designed to deliver more holistic advice and services to both CRI and Level Four clients.
Level Four’s advisors propose targeted solutions to client challenges and goals while working to fulfill their mission of optimizing each client’s finances. To date, Level Four manages more than $1 billion in assets with a team of more than 80 investment advisors across the country. Additionally, the financial consultants of Level Four are registered representatives with LPL Financial, the nation’s largest independent broker/dealer. This relationship provides their advisors with access to unbiased research and an array of tools, resources and technology.
“As a part of CRI, Level Four is uniquely positioned to provide increased efficiencies and client satisfaction by combining and leveraging our resources with a Top 25 CPA firm,” says Jake Tomes, Level Four’s CEO.
“Level Four is a national acquisition offering CRI the ability to add to our continuum of available services by now delivering integrated wealth management and advisory services,” says William Carr, chairman and MP of CRI. “We have evaluated many wealth management firms, and Level Four is the perfect fit with CRI due to its national market that supports our growth and emphasis on technological solutions designed to drive efficiencies for both advisors and clients.”