Mather Group Acquires Pillar Wealth | Bay Area Expansion
- The Mather Group (TMG), a Chicago-based registered investment advisor, has acquired Pillar Wealth Management Inc., a Walnut Creek, California firm overseeing more than $200 million in assets.
- Pillar Wealth Management, under the leadership of co-founders Hutch Ashoo and Chris Snyder, brings over 36 years of combined experience in delivering tailored investment management, retirement planning, tax...
- As of March 31, 2025, TMG manages over $14 billion in assets and operates 12 offices across the nation.
The Mather Group (TMG) is making significant waves! TMG has acquired Pillar Wealth Management, a strategic move that immediately boosts their Bay Area presence and expands services for high-net-worth clients. This acquisition, TMG’s 21st since 2018, demonstrates their aggressive growth strategy and commitment too providing comprehensive financial strategies. Pillar Wealth, managing over $200 million in assets, brings decades of experiance, enhancing TMG’s tailored investment management, retirement planning, and tax strategies. This news, reported by News Directory 3, reflects TMG’s commitment to expanding its national footprint. What financial innovations will this acquisition bring? Discover what’s next…
mather Group Expands Bay Area Footprint with Pillar Wealth Management acquisition
Updated June 2, 2025
The Mather Group (TMG), a Chicago-based registered investment advisor, has acquired Pillar Wealth Management Inc., a Walnut Creek, California firm overseeing more than $200 million in assets. This move represents TMG’s fourth acquisition in the San Francisco Bay Area and its 21st since 2018, underscoring its dedication to national expansion and enhanced services for high-net-worth and ultra-high-net-worth clients.
Pillar Wealth Management, under the leadership of co-founders Hutch Ashoo and Chris Snyder, brings over 36 years of combined experience in delivering tailored investment management, retirement planning, tax strategies, and estate planning services. The firm is recognized for its detailed, goals-oriented approach designed for affluent clients with intricate financial needs. The acquisition strengthens TMG’s position in wealth management and expands its service offerings.
As of March 31, 2025, TMG manages over $14 billion in assets and operates 12 offices across the nation. This acquisition further solidifies TMG’s commitment to providing comprehensive financial strategies rooted in clients’ values and vision for the future.
“This partnership allows us to maintain our high-touch, boutique service model while gaining access to expanded resources and a broader platform to better serve our clients,” said Hutch Ashoo, co-founder and CEO of Pillar Wealth management.
“TMG has a parallel philosophy to wealth management and a suite of services our high-net-worth clients will appreciate,” added Chris Snyder.
“Together, we’re uniquely positioned to help more clients build financial strategies rooted in what matters most—their values, their families, and their vision for the future. Because we believe true wealth management starts with why, not just how,” said Jennifer des Groseilliers, CEO of TMG.
What’s next
The Mather Group plans to integrate Pillar Wealth Management’s expertise and client base to further enhance its service offerings and expand its reach in the Bay Area and beyond. The firm will continue to seek strategic acquisitions to strengthen its position in the competitive wealth management landscape.