In a parallel move within the New Jersey professional services sector, Parsippany-based OnePoint BFG Wealth Partners announced it has surpassed $16 billion in assets under management (AUM). To manage this significant scale and accelerate national growth, the firm has appointed Sam Cari as chief strategy officer.
Cari, who previously helped scale NorthRock Partners from $600 million to $11 billion in AUM, will lead OnePoint BFG’s corporate strategy and M&A initiatives. The firm has been on an aggressive expansion path, recently partnering with Armstrong & Sinoff Financial following its massive acquisition of Spahn Financial Partners late last year.
“Sam’s combination of strategic vision and deal experience makes him an exceptional addition,” Andy Schwartz, CEO of OnePoint BFG said. “We’ve reached an exciting stage of growth and Sam’s leadership will be instrumental in accelerating our M&A strategy while ensuring we continue delivering a high-touch client experience.”
