The Humphreys Group, a San Francisco-based registered investment advisor with about $280 million in client assets, has merged with Treehouse Wealth Advisors, a Walnut Creek, Calif.-based RIA with $190 million.
The deal is part of a long-term succession plan for Diane Bourdo, president of The Humphreys Group, who expects to retire in the next two to three years.
The Humphreys Group was founded in 1983 by Henrietta “Henri” Humphreys, a trailblazer in fee-only financial planning. Bourdo joined in 1989 and became president in 2005. The firm is female-owned and specializes in ESG investing and working with women in transition, such as divorce, career change and retirement.
When Bourdo began searching for a firm to merge with, she partnered with Beyond AUM, a wealth management consulting agency, to help with the matchmaking and due diligence.
Treehouse is a female-led firm founded by Julie Meissner.
