Safeguard Expands with Arizona Acquisition
Deal News | Apr 14, 2025 | EIN
Safeguard Investment Advisory Group, a leading financial firm specializing in retirement planning, has announced its strategic expansion into Arizona through the acquisition of Solutions First Financial Group. This move marks the firm's first venture outside of California, exemplifying its commitment to increasing its reach across the Southwest. The new office in Scottsdale officially commenced operations on April 1, 2025. Led by managing partner Reid Abedeen, Safeguard aims to deepen its dedication to empowering families through financial education and robust retirement strategies. Solutions First Financial Group's incorporation into Safeguard is a significant development, enhancing service offerings for clients by leveraging Safeguard's extensive resources. This acquisition aligns with the firm’s mission rooted in education, integrity, and trust, offering Financial Management Services across eight critical areas. As a part of their overarching strategy, the firm invites stakeholders to engage with their comprehensive suite of services in their new Arizona location.
Sectors
- Financial Services
- Investment Management
Geography
- United States – The expansion involves companies based in the United States, specifically in California and Arizona.
- Arizona – This is the location of the newly acquired office by Safeguard Investment Advisory Group, marking their entry into this state's market.
- California – Safeguard's original business operations were based primarily in California before this expansion.
Industry
- Financial Services – The article involves Safeguard Investment Advisory Group, which operates within the financial advisory and investment management sector.
- Investment Management – Safeguard offers comprehensive investment management services, focusing on areas critical to retirement planning like risk and taxation.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Safeguard Investment Advisory Group | Acquiring Company | Company | A financial advisory firm specializing in creating comprehensive retirement plans. |
| Solutions First Financial Group | Target Company | Company | A financial group acquired by Safeguard, focusing on personalized financial services. |
| Reid Abedeen | Managing Partner | Person | Managing partner at Safeguard Investment Advisory Group, leading the expansion into Arizona. |
| Joe Donti | Representative of Solutions First Financial Group | Person | Representative of the acquired company, commenting on the merger's benefits. |