Beacon Acquisition Highlights $1 Billion Deal to Buy Astor Investment Management

Beacon Capital Management, a U.S.-based investment advisor, has announced that it will acquire Astor Investment Management, a Chicago-based firm that manages around $1 billion in assets. The deal, revealed on June 18, 2025, is expected to close by August. According to Yahoo Finance, this Beacon acquisition will expand the company’s investment capabilities and strengthen its position in the risk-managed investment space. Astor Investment Management brings a variety of products such as separately managed accounts (SMAs), unified managed accounts (UMAs), and mutual funds.

Expanding Investment Strategies with Astor’s Expertise

This deal is a key step for Beacon, which currently manages over $4 billion in assets across more than 25,000 client accounts. The addition of Astor’s $1 billion in assets, along with its team and investment strategies, will give Beacon more tools to support advisors and build better portfolios for clients.

Astor is known for its rules-based investment style that focuses on macroeconomic trends and data. This means that its strategies use economic indicators and market signals to make investment decisions. Beacon already uses data-driven methods, so the two companies are a strong match in terms of investment philosophy. Together, they will be able to create more flexible and effective portfolios for a wide range of clients.

“This acquisition is consistent with our ongoing mission to provide financial advisors with sophisticated, diversified investment solutions,” said Emily Damman, president of Beacon Capital Management. “We continue to evolve our offerings based on the input we directly receive from our trusted advisors. Their perspectives shape our strategic priorities as we invest in building long-term value across every level of the business.”

With Astor’s strategies added to its platform, Beacon will now offer even more options for risk management and diversification. These new tools will help advisors better navigate changing market conditions and provide a more stable investment journey for their clients. For Beacon, this is not just about adding more assets under management; it’s also about strengthening the quality and depth of its offerings.

Combining Teams and Resources to Support Growth

Along with investment strategies, the acquisition will bring in key leaders from Astor. Jan Eckstein, Astor’s Chief Investment Officer, will join Beacon as Assistant Vice President of Portfolio Design. In this role, she will help bring the two companies’ strategies together and work on new portfolio ideas. She will also join Beacon’s investment committee, along with Astor CEO Bryan Novak.

Novak welcomed the merger, saying, “We are excited to join forces with Beacon, whose advisor-centric approach and data-driven philosophy closely align with our own. This partnership allows us to continue delivering on our investment philosophy while offering clients and advisors access to even broader resources and support.”

Beacon also noted that Astor’s team of advisors will benefit from the company’s larger platform. They will get access to better tools for marketing, practice management, sales support, and communication with clients. This reflects Beacon’s focus on supporting advisors and helping them grow their businesses.

This deal is part of a larger trend of mergers and acquisitions (M&A) among wealth management firms. As competition grows, companies like Beacon are choosing to expand by acquiring smaller firms that offer unique strategies or specialized knowledge. Beacon buying Astor is an example of how firms are building for the future by combining talent, technology, and philosophy.

With the transaction expected to close in August 2025, both firms are preparing for a smooth integration. The combined strengths of Beacon and Astor are expected to bring more value to advisors and clients alike, offering new tools, more support, and a shared focus on data-driven investing.