Partnership expands AlphaCore’s East Coast presence while strengthening next-gen wealth management offerings
LA JOLLA, Calif., October 21, 2025–(BUSINESS WIRE)–AlphaCore Wealth Advisory (AlphaCore), a leading independent registered investment advisory firm, continues to expand with its most recent acquisition, further establishing an East Coast foothold while broadening the firm’s tax planning and preparation capabilities.
AlphaCore announces today the acquisition of SPC Financial, Inc. (SPC), a Rockville, Maryland-based wealth advisory and tax services firm, advancing AlphaCore’s strategic vision to build a next-generation wealth management platform that combines scale, innovation, and a boutique culture of personalized service. Led by President and CEO Edward “Jeff” Sella, SPC was founded in 1970 and has a well-established presence in the greater Washington, D.C., Maryland, and Virginia region. The partnership adds $1.5 billion in client assets and expands the team with nearly 40 professionals focused on wealth advisory and tax planning.
At the close of the transaction, the combined firms will have more than $8.5 billion in client assets and over 100 employees, serving clients from AlphaCore’s La Jolla, California headquarters, and additional offices in Denver, Colorado; Austin, Texas; Greenwich, Connecticut; and Rockville, Maryland.
“When we founded AlphaCore, our vision was to build an enduring boutique wealth management firm that delivers a premium client experience through both scale and comprehensive services,” said Dick Pfister, Founder and CEO of AlphaCore. “This partnership with SPC, following our acquisition earlier this year with Callan Capital, is transformative for our firm, our advisors, and the clients we serve.”
“Joining AlphaCore represents a natural evolution for SPC and our clients,” said Jeff Sella. “We share a commitment to a fiduciary mindset of integrity and long-term client success. What made this compelling for our team was the idea that the firm was motivated to build a lasting business that fostered more opportunities for our clients and advisors.”
AlphaCore remains committed to developing top talent and expanding the capabilities that will define the next generation of wealth management. The firm recently added David Stubbs, Chief Investment Strategist from Blackstone; Walter Murphy, Director of Business Development for the Northeast; and Natalie Roberts, Chief Compliance Officer. Internally, AlphaCore promoted Associate Director of Research Madeline Hume, and is welcoming several new partners: Brad Lipman, Director of Tax, Jason Davis, Director of Advisory, and Senior Wealth Advisors Rory McGlynn and Matt Gilchrist.
