National Firm Acquires Long Island Wealth Manager

Savant Wealth Management buys Melville-based Heller Wealth Management with $550 million in assets.

Apr. 3, 2026 at 4:13pm

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A minimalist studio still life featuring a polished metal trophy, a leather-bound ledger, and a set of gold-plated pens, conceptually representing the prestige and financial expertise of the merged wealth management firms.The acquisition of Heller Wealth Management by the national firm Savant Wealth Management brings together two respected wealth management practices, combining their expertise and resources to better serve clients.Rockford Today

Savant Wealth Management, a fee-only registered investment adviser based in Rockford, Illinois, has acquired Melville-based Heller Wealth Management. Heller Wealth Management had approximately $550 million in assets under management, primarily serving individuals, families, business owners, and retirees, as well as offering retirement plan services to businesses. As part of the transaction, the Heller Wealth Management leadership team joined Savant as member-owners, and the remaining Heller staff became Savant employees.

Why it matters

The acquisition gives Savant Wealth Management a foothold on Long Island and its second office in the New York region, expanding the national firm's reach and resources. It also allows Heller Wealth Management to maintain its culture and client experience while providing clients access to Savant's deeper planning support and resources.

The details

Savant Wealth Management, a fee-only registered investment adviser with a national presence, has acquired Melville-based Heller Wealth Management. The terms of the deal were not disclosed. Founded in 1992 by Larry Heller, Heller Wealth Management had approximately $550 million in assets under management, primarily serving individuals, families, business owners, and retirees, as well as offering retirement plan services to businesses. As part of the transaction, Larry Heller, Greg Moss, Belinda Tsui, and Ian Heller joined Savant as member-owners, and the remaining Heller staff became Savant employees at closing. The full Heller team will continue to operate out of its offices at 225 Broadhollow Road in Melville.

  • Savant Wealth Management acquired Heller Wealth Management in April 2026.

The players

Savant Wealth Management

A fee-only registered investment adviser based in Rockford, Illinois, with a national presence and about $50 billion in assets under management and $1.9 billion in assets under advisement.

Heller Wealth Management

A Melville-based wealth management firm founded in 1992 by Larry Heller, with approximately $550 million in assets under management, primarily serving individuals, families, business owners, and retirees, as well as offering retirement plan services to businesses.

Larry Heller

The founder of Heller Wealth Management, who joined Savant as a member-owner as part of the acquisition.

Greg Moss

A member of the Heller Wealth Management leadership team who joined Savant as a member-owner.

Belinda Tsui

A member of the Heller Wealth Management leadership team who joined Savant as a member-owner.

Ian Heller

A member of the Heller Wealth Management leadership team who joined Savant as a member-owner.

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What they’re saying

“This partnership allows us to maintain the culture and client experience we have built over the years, while giving our clients access to a deeper level of planning support and resources.”

— Larry Heller, Founder, Heller Wealth Management

“Heller Wealth Management exemplifies the type of firm we seek out as partners. Larry and his team have built long-standing client relationships grounded in trust and thoughtful planning. This partnership ensures continuity for clients while creating new opportunities for the Heller team within Savant's majority employee-owned structure.”

— Brent Brodeski, Founder and CEO, Savant Wealth Management

What’s next

The acquisition is expected to close in the coming weeks, with the full Heller Wealth Management team continuing to operate out of its Melville offices as part of Savant Wealth Management.

The takeaway

This acquisition demonstrates Savant Wealth Management's strategic growth plans, as the national firm expands its footprint on Long Island and the greater New York region by partnering with a well-established local wealth management firm. The deal allows Heller Wealth Management to maintain its culture and client relationships while providing access to Savant's deeper resources and employee-ownership structure.