BDO Acquires Investment Consulting Firm

In a move to expand its BDO Wealth Advisors division, Chicago-based IPA 100 firm BDO USA (FY21 net revenue of $2 billion) has acquired investment consulting firm Lowery Asset Consulting LLC of Chicago.

Founded in 2002, Lowery offers financial planning, asset allocation, investment research, portfolio performance monitoring and risk management to a wide range of clients, including retirement plans, non-profits, family offices and high-net-worth individuals.

“Wealth advisory clients require a team that has the right resources, dedication and guidance for every step of their journey, regardless of the complexity of their situation,” says BDO USA COO Stephen Ferrara. “Lowery Asset Consulting’s comprehensive, research-driven approach will complement BDO’s Wealth Advisory practice as we continue to expand our firm’s holistic approach to investment services.”

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