In a definitive agreement, management team and key advisors for Southwestern Investment Group (SWIG) will acquire all outstanding equity interests of SWIG from the Southwestern Family of Companies (SWFC).
This will complete the transition of SWIG to an independently-owned RIA. Currently, SWIG includes more than 60 advisors managing more than $5 billion for more than 13,000 clients nationwide.
“None of this would be possible without the support and dedication of the entire SWIG and SWFC team,” said SWIG CEO Jeff Dobyns. “We look forward to this opportunity to continue to grow while staying true to our roots.”
The transaction will be effective November 30, 2021, but SWIG will continue to operate under the Southwestern name while it completes its own brand development.
“SWIG is a prime example of another successful business arising out of Southwestern’s long history,” said SWFC CEO Dustin Hillis. “We wish them every success. SWFC will continue with our goal to serve our customers, grow our businesses, and maximize shareholder value in pursuit of our mission to positively impact the world.”