HFG Wealth Management Expands Reach with Acquisition of Waterside Wealth Advisors

By: HFG Weath Management
| Published 11/20/2023


THE WOODLANDS, TX -- HFG Wealth Management, a leader in comprehensive wealth management, proudly announces the successful acquisition of Waterside Wealth Advisors, a distinguished faith-based independent Registered Investment Advisory firm headquartered in Conroe, TX.

The strategic alignment between HFG and Waterside is rooted in shared values of excellence, integrity, family values, and respect. Larry Harvey, Founder and CEO of HFG Wealth Management, expressed enthusiasm about the partnership, stating, "Waterside's culture seamlessly aligns with HFG's core principles. As we continue to fortify our presence in the Golden Triangle region, this collaboration represents a natural and synergistic fit."

Waterside Wealth Advisors boasts a robust client base throughout southeast Texas, with a significant concentration in the Golden Triangle area. The terms of the acquisition remain confidential.

In a key leadership development, Kevin Bruce, CFA, CFP®, the Founder and CEO of Waterside, will assume the role of Chief Strategy Officer within HFG's executive team. Mr. Bruce will play a pivotal role in shaping the firm's strategic planning and growth initiatives.|

The acquisition underscores HFG's commitment to delivering holistic, values-based investment and financial planning to the region. This move is part of a deliberate strategy by HFG to accelerate its pace of acquisitions in the coming years, with Waterside Wealth marking the second successful addition to the portfolio. The acquisition further strengthens HFG's presence in the Nederland and Beaumont areas.

Larry Harvey reiterated the importance of community engagement, stating, "Waterside is another significant step in our ongoing effort to grow and serve the communities we call home. It reinforces our dedication to providing a welcoming place for both clients and advisors."

Kevin Bruce emphasized the motivation behind the decision to join forces, saying, "We sought out a strategic partner that would allow us to expand our service offerings while staying true to our commitment to values, financial planning, and our unwavering focus on a fee-only, fiduciary approach."

This acquisition marks a milestone for both HFG Wealth Management and Waterside Wealth Advisors, setting the stage for continued growth, innovation, and unparalleled wealth management services in the region.

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