Press Release: KANA Strategic Acquisition in Virginia

Dow Jones11-26 03:10

KANA Strategic Acquisition in Virginia

PR Newswire

TAMPA, Fla., Nov. 25, 2024

TAMPA, Fla., Nov. 25, 2024 /PRNewswire/ -- KANA Private Wealth Group, a boutique wealth management firm, today announced they have closed on the strategic acquisition of the financial planning and advisory business of The Foley Group.

Headquartered in Fairfax, VA, The Foley Group, led by Thomas Foley since 1991 has provided their valued clients with full-service tax preparation, planning and advice, accounting and bookkeeping services as well as financial planning and investment management advice since 1974.

"I started working with Thom and his clients, providing financial planning and investment advisory services almost 10 years ago. It has been a very strong strategic partnership, and I am happy to continue to take care of Thom's clients as he retires. This acquisition confirms our commitment to our clients and strengthens our position as a firm in the northern Virginia/Washington DC market," said KANA founder & CEO Mark H. Woodward.

About The Foley Group

The Foley Group, Ltd. Is a full-service accounting firm, founded in 1974 by Thomas L. Foley who retired in 1991 and was succeeded by his son, Thom J. Foley, CPA, CFP$(R)$. The firm offers quality services to a variety of clients including: franchise businesses, contractors, professional services firms, real estate firms and retail establishments.

About KANA Private Wealth Group

Mark H. Woodward founded KANA in 2019, after his six years serving as Chief Investment Officer and Principal at Blue Ocean Partners when his previous partner retired. KANA Private Wealth Group was founded on the principle of Living Life on Purpose. We help our clients identify and understand their needs, wants and long-term goals and then help them to develop a custom process-driven plan so that they can put their family first!

Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. KANA Private Wealth Group is not affiliated with Kestra IS or Kestra AS. https://bit.ly/KF-Disclosures

Contact:

Mark Woodward

703-999-0924

mwoodward@kanapwg.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/kana-strategic-acquisition-in-virginia-302315715.html

SOURCE KANA Private Wealth Group

 

(END) Dow Jones Newswires

November 25, 2024 14:10 ET (19:10 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment