Spartan Wealth Management, a wealth advising firm in Birmingham, has announced its merger with 360° Wealth Management Group in Farmington Hills. Terms of the deal were not disclosed.
“With over 70 years of wealth management experience focused on affluent Individuals, Spartan becomes even stronger with this merger,” says Brian Mosallam, CEO of Spartan Wealth Management.
“As fiduciaries, we have an exceptionally strong team in financial and estate planning, alternative investments, and insurance as we holistically plan for high-net-worth Individuals and business owners.”
Led by Joseph Mansoor and Anthony Mona, both named one of Forbes Top 100 advisors each year since 2019, 360° Wealth Management Group — a former UBS Financial Services team — will help Spartan Wealth Management’s staff grow by 20 percent and administer over $8 billion in partnership with Cadaret Grant, a wholly owned subsidiary of Atria Wealth Solutions Inc.
In the 2022 Forbes list of wealth advisors, Mona represented $1.4 billion of team assets. With the merger, Mona becomes president of Spartan Wealth Management.
“Our team is extremely excited to merge with Spartan Wealth. Our values and cultural alignment made the decision a very easy one,” says Mona. “We are also excited to partner with Charles Schwab & Co., whose reputation speaks for itself.”
Spartan Wealth Management is registered with the Cadaret Grant broker-dealer network, supported by Atria Wealth Solutions. The firm is led by Mosallam, a member of the AXA Advisors hall of fame, a trustee emeritus of Michigan State University, and co-chair of Detroit/Wayne County Stadium Authority. A former MSU football player, Mosallam is also the co-host of “Spartan Dawgs for Life,” a weekly show focused on MSU athletics.