VisionPoint & Navitas Merge: $3.7B Advisory Firm Formed
- VisionPoint Advisory Group and Navitas Wealth Advisors have combined to create Balefire, a new advisory firm overseeing more than $3.7 billion in assets under management.
- The firm brings together over 60 professionals, providing comprehensive services such as wealth management, strategic tax planning, and corporate solutions.
- Balefire is lead by co-managing partners Jason Hester, formerly the CEO of Navitas, and john Hoffman, previously the CEO of VisionPoint. The firm operates across 19 states and...
VisionPoint and Navitas have joined forces, birthing Balefire, a formidable advisory firm managing a substantial $3.7 billion in assets. This strategic merger signifies a pivotal moment in wealth management,creating a powerhouse designed to meet the complex financial needs of affluent individuals and businesses. Offering thorough wealth management, tax planning, and corporate solutions, Balefire is poised for exponential growth. The firm aims to significantly increase revenue, team size, and assets under management, with plans for strategic acquisitions. News Directory 3 confirms how the advisory firm, led by co-managing partners Jason Hester and John Hoffman, aims to serve clients across 19 states. Discover what’s next for this ambitious new venture.
visionpoint and Navitas Merge, Launching Balefire Advisory Firm
Updated May 29, 2025
VisionPoint Advisory Group and Navitas Wealth Advisors have combined to create Balefire, a new advisory firm overseeing more than $3.7 billion in assets under management. Described as a merger of equals, Balefire seeks to address the increasing need for customized financial and business advice for affluent individuals, families, and businesses.
The firm brings together over 60 professionals, providing comprehensive services such as wealth management, strategic tax planning, and corporate solutions. Balefire intends to expand through mergers, acquisitions, and organic growth, with goals of reaching $42 billion in assets under management, $215 million in annual revenue, and a team of 300 professionals within the next 10 years. This strategic move aims to enhance their wealth management services and broaden their market reach.
Balefire is lead by co-managing partners Jason Hester, formerly the CEO of Navitas, and john Hoffman, previously the CEO of VisionPoint. The firm operates across 19 states and serves clients in 39, with a significant presence in Texas, Mississippi, Minnesota, Alabama, Arizona, Iowa, North Carolina, Georgia, Florida, and South Dakota. the merger enhances their ability to offer strategic tax planning and comprehensive corporate solutions.
“We’ve built something that has real staying power for our clients and our team. Clients will see deeper bench strength,broader services,and the same personal connection they’re accustomed to. It’s not a shift in identity – it’s an expansion of what’s possible,” Hester said.
What’s next
Balefire plans to continue its growth trajectory through strategic acquisitions and organic expansion, focusing on delivering tailored financial and business advisory services to its expanding client base.