EFE Acquires Cahill Wealth Management
Edelman Financial Engines (EFE) is acquiring Cahill Wealth Management, the firm announced this week.
Headquartered in Kalamazoo, Michigan, Cahill Wealth Management is an investment advisory firm managing approximately $426 million for 125 clients.
The firm specializes in serving executives in the pharmaceutical and life sciences industries, providing them with counsel in financial planning, employee benefits and tax planning.
“Cahill Wealth Management is an outstanding addition to our team, and we are very pleased about their decision to join us,” shared Jay Shah, chief executive officer at Edelman Financial Engines. “Investor needs are changing rapidly, and EFE continues to elevate our offering and help clients in new ways by adding talented RIAs to our team.”
“As we extend our reach throughout the country, particularly in the Midwest, we seek partners who prioritize client service and align with our fundamental principles,” said Suzanne van Staveren, executive vice president, chief financial officer and chief operating officer at EFE. “We have a long history of guiding employees of large enterprises on both their retirement accounts and greater financial plans, and we look forward to partnering with Cahill to deepen our expertise in the life sciences sector.”
Cahill Wealth Management will be fully integrated and continue operations under the EFE brand.
The transaction is EFE’s first acquisition of 2025 as the firm continues to expand its footprint in regions of the U.S. EFE will continue to seek additional partners that have a shared vision to grow their practice by bringing more value and resources to clients.
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Amanda Umpierrez is the Managing Editor of 401(k) Specialist magazine. She is a financial services reporter with nearly a decade of experience and a passion for telling stories and reporting news. She is originally from Queens, New York, but now resides in Denver, Colorado.