OVERLAND PARK, Kan.–(BUSINESS WIRE)–Prime Capital Investment Advisors (PCIA), is pleased to announce its new partnership with Professional financial services (PFS). The acquisition of PCIA expands PCIA’s national footprint and adds $185 million in assets under management as of the end of October 2022.
PFS is an integral part of the Sioux Falls community, led by husband-and-wife counseling team Kameron and Nancy Carlson, with a 30-year legacy of delivering high-quality financial counseling services. The company currently works with over 340 area families and businesses with strong ties to the Sioux Falls business community. In addition to Nancy and Kameron, two support staff will join PCIA.
Commenting on today’s announcement, Glenn Spencer, CEO of Prime Capital Investment Advisors, said, “We are pleased to welcome Kameron and Nancy, their team and their clients to the PCIA family. PFS is uniquely rooted in the Sioux Falls community and has a long tradition of providing people-centered service that aligns perfectly with our core values. Scott Colangelo, President of Prime Capital Investment Advisors, continued, “We intend to invest more in South Dakota, and particularly in the Sioux Falls market, as we expand our business through new hires. and additional acquisitions.
“We take the future and the safety of clients very seriously and are joining forces with a company like Prime Capital that truly puts its people first at every step that challenges us,” said Kameron Carlson, co-owner of Professional Financial. Services. “Our most important consideration was continuity for clients and for this reason our entire team will remain intact. We will continue our custodial relationship with LPL Financial to ensure a smooth transition for all of our clientele. We are looking forward to taking full advantage of the industry-leading resources available from PCIA and elevating our customer service offerings,” said Nancy Carlson.
This acquisition is expected to be finalized on December 15 of this year. Alaris Acquisitions served as advisor on the transaction.
To learn more about Prime Capital Investment Advisors, please visit: https://pciawealth.com/
About Prime Capital Investment Advisors
Prime Capital Investment Advisors offers a client-centric, team approach to full-service financial planning, including fee-based asset management and wealth management through its Prime Capital Wealth Management brand. Through its Qualified Plan Advisors brand, the company also provides pension advisory services, as well as training for plan participants. PCIA currently has 51 locations across the United States, with investment advisor representatives serving clients across the country. Advisory services offered by Prime Capital Investment Advisors, LLC. (“PCIA”), a registered investment adviser. PCIA operating as Qualified Plan Advisors (“QPA”) and Prime Capital Wealth Management (“PCWM”). For more information, visit www.pciawealth.com.