Firm acquires $1B investment firm and expands investment team
DAYTON, Ohio, June 17, 2025 -- Beacon Capital Management ("Beacon"), a leading provider of risk-managed investment portfolios and advisor practice support, today announced the strategic acquisition of Astor Investment Management ("Astor"), a $1 billion investment management firm based in Chicago. The transaction, expected to close in August 2025, marks a key milestone in a year of significant momentum for Beacon—defined by ongoing product development, advisor engagement, and long-term focus on its people and purpose.
The acquisition brings approximately $1 billion in assets under management across separately managed accounts (SMAs), unified managed accounts (UMAs), and mutual funds to Beacon's platform. It also adds a macroeconomic, rules-based risk methodology that complements Beacon's existing data-driven investment strategies. Astor's Chief Investment Officer, Jan Eckstein, will join Beacon as Assistant Vice President, Portfolio Design, helping unify both firms' disciplined, rules-based philosophies and supporting the expansion of new investment solutions to meet evolving client needs. She will sit on Beacon's Investment Committee along with Astor's CEO, Bryan Novak.
"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."
This marks a significant milestone in Beacon's ongoing mission to provide financial advisors with diversified, disciplined investment solutions. As part of its continued growth, it launched its Market Portfolio, expanded its investment team, and enhanced practice management resources and market-related insights.
This acquisition will provide Beacon advisors with access to additional data-driven strategies that complement existing portfolios by diversifying both holdings and risk management approaches. The addition of macroeconomic, trend-based risk signals provides a new layer of diversification that can help create a smoother client experience across different market environments, while expanding the portfolio lineup to serve a broader range of client needs. Astor investors will experience continuity in management, as their models continue under the same disciplined, rules-based approach now overseen by Beacon. Astor advisors will gain access to expanded resources — including enhanced marketing, practice management, sales support, and investment communications — all hallmarks of Beacon's advisor-centric model.
"We're 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," said Bryan Novak, CEO of Astor Investment Management.
Beacon remains deeply committed to empowering advisors by providing the resources, strategies, and partnership they need to grow with confidence. For more information on how Beacon serves advisors, visit www.beaconinvesting.com.
About Beacon Capital Management
Beacon Capital Management, Inc. is a registered investment advisor based in Dayton, Ohio, providing disciplined investment strategies that dynamically respond to market conditions through model portfolios for financial advisors and their clients. With over $4 billion in assets under management across 25,000+ client accounts, Beacon's data-driven, systematic approach delivers diverse risk response methodologies alongside comprehensive advisor support, including practice management, investment operations, market insights, and turnkey investor resources. A member company of Sammons Financial Group, Beacon functions as an extension of the advisor's team, empowering them to grow their business strategically and build lasting client relationships while delivering meaningful outcomes for investors. Learn more at www.beaconinvesting.com.
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