In 2013, Lakeview Capital Partners set out to redefine the wealth management industry and build a world class multi-billion investment management firm from the ground up. Our team should be congratulated on our collective vision and execution.

Today, we are excited to announce that Bison Holdings, a privately held company owned by the Pegula Family Office, has agreed to purchase a majority stake in Lakeview. Pegula has been an early investor and an invaluable strategic partner understanding that high caliber firms are built with a client focused vision rather than a financial vision. Having a key stakeholder with a patient, long-term mindset has been critical to our firm’s success.

Expanding our partnership with Bison will help us advance key priorities, maintain a singular focus on growth and continue delivering value to our clients prospectively. Additionally, this acquisition will broaden and deepen Bison’s value expertise, while adding another strong pillar to their US footprint and financial services offerings.

The Pegula’s are also well known for their ownership of the Buffalo Bills and Buffalo Sabres, professional football and hockey franchises, respectively.  

Following the completed transaction, Lakeview will operate under its new name, Bison Wealth, and continue to be headquartered in Atlanta.

Advisory services are provided through Bison Wealth, LLC. Securities are offered through SA Stone Wealth Management, Inc, member FINRA and SIPC. Bison Wealth is not affiliated with SA Stone Wealth Management. More information about the firm and its fees can be found in its Form ADV Part 2, which is available upon request by calling 404-841-2224 or by e-mailing [email protected]. Bison Wealth is an independent investment adviser registered under the Investment Advisers Act of 1940, as amended. Registration does not imply a certain level of skill or training. 

Source: https://www.linkedin.com/pulse/bison-holdings-acquires-boutique-independent-advisory-william-grasty/