A Texas-based investment advisor with more than $135 million in managed assets is joining with SA Stone Wealth Management, according to the independent broker/dealer.
Integrity Wealth Management is led by John Mata, a financial advisor who is formally licensed with Cetera. The hybrid firm works with individuals throughout the country and specializes in working with airline pilots. Mata and his team will join the more than 650 professionals working with SA Stone, which is based in San Clemente, Calif., and has more than $12 billion in assets under management. Integrity will gain access to expanded services through INTL FCStone (SA Stone’s parent company), which can include a market intelligence platform and custody and clearing services.
Matthew Kelley, SA Stone’s head of business development, said the firm’s pricing options and back office support were well-positioned to help advisors like Mata.
“John has built an impressive hybrid team at Integrity Wealth Management truly focused on their clients,” he said.
The partnership is the latest in a number of acquisitions SA Stone has made throughout the past year. In May 2019, SB Wealth departed Cetera to join SA Stone with $200 million in managed assets, while in October SA Stone recruited Legacy Investment Planning, a Nashville-based advisory firm with more than $150 million in AUM.
In August 2016, Stifel Financial announced that it was selling Sterne Agee’s wealth management businesses to INTL FCStone, and Sterne Agee Financial Services subsequently became SA Stone Wealth Management in 2017.