Lynne Bolduc and Team Close $16.65 Million Sale Wealth Management Practice
August 19, 2026
Partner, Lynne Bolduc; Lead Deal Attorney, William Miller; and Of Counsel, David Kelly of Kreditor Bolduc Risbrough LLP represented Safyurtlu Wealth Management LLC, a Registered Investment Adviser private wealth practice recognized regionally and nationally, including a ranking on Forbes' Best-In-State Wealth Advisors list, in the $16,650,000 sale of its assets to a national wealth management aggregator and its parent company.
On August 17, 2026, Buyer and Seller closed on an asset purchase and personal goodwill agreement pursuant to which Buyer acquired substantially all of the assets of Seller's investment advisory and financial planning business, including client accounts, contracts, intellectual property, and associated personal goodwill.
The total base purchase price of $16,650,000 was structured to include a closing date cash payment, a tax-free rollover of personal goodwill into equity units of a Buyer-affiliated issuer, and performance-based earnouts tied to client transitions, retention percentages, and a 36-month organic asset growth measurement period.
Significantly, the transaction reflects the continued pace of consolidation within the registered investment adviser space, as national aggregators increasingly pursue regionally recognized, award-winning wealth management practices to expand their footprint.
Together, Buyer and Seller closed the transaction on a fast-paced timeline, balancing immediate liquidity for the Seller with long-term alignment through the equity rollover and earnout structure.
Safyurtlu Wealth Management LLC is a Registered Investment Adviser providing private wealth advisory and financial planning services to individuals and families. The firm has built a reputation for personalized client service and has been recognized on Forbes' Best-In-State Wealth Advisors list.
The corporate and securities attorneys at Southern California law firm Kreditor Bolduc Risbrough LLP guided Seller through every stage of this transaction, from structuring through closing. Managing a multi-layered transaction involving an asset purchase agreement, personal goodwill rollover, and performance-based earnouts is a complex effort requiring specialized knowledge across corporate, securities, and tax law. This is one of the firm's core areas of specialty — advising investment advisers and wealth management firms navigating regulatory oversight from the SEC, FINRA, and state securities regulators. With considerable experience in M&A and business law, Kreditor Bolduc Risbrough LLP is well equipped to facilitate such transactions.
About Lynne Bolduc
Partner, Lynne Bolduc, possesses more than 30 years of experience as a California corporate and securities attorney. Ms. Bolduc not only represents public companies but also private companies and ventures that are interested in exploring a private or public offering. Entrepreneurs and businesses who are considering a private or public offering are encouraged to contact Lynne Bolduc at (949) 788-8900 or by email to LBolduc@FKBRlegal.com to explore their options.
About FKBR Legal
For over 40 years, the award-winning attorneys at FitzGerald Kreditor Bolduc Risbrough LLP have delivered sophisticated legal guidance and adept representation to clients nationwide. FKBR Legal has guided clients through numerous business and economic cycles and changes in the law, successfully representing their interests from the negotiating table to the courthouse.
With a depth and breadth of experience rarely seen at a mid-size law firm, FitzGerald Kreditor Bolduc Risbrough LLP offers clients high-level representation across a broad range of industries and businesses.
For more information on how FKBR Legal can assist with your legal needs, please contact Lynne Bolduc at (949) 788-8900 or lbolduc@fkbrlegal.com.
