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Northbrook wealth management firm Relative Value Partners lands industry veteran

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Northbrook-based wealth management firm Relative Value Partners Group LLC this week announced that industry veteran Rebecca Deaton will join the company as a partner.

Deaton, who has 25 years of experience advising high net worth individuals and families nationwide, is expected to join the firm around the end of the year. The six-person team supporting her and clients also is anticipated to join.

Founded in 2004, Relative Value Partners Group, 1033 Skokie Blvd., provides investment strategies, financial planning, estate planning, tax planning and other services to wealthy families and institutional clients nationwide.

“We have enormous respect for Rebecca and her experienced team. Our teams share a similar strategic vision, and we are confident this transaction will add significant long-term value to our combined client base and transform our firm’s future,” RVP co-founder and CIO Maury Fertig said in a news release.

“We have been seeking to bolster the depth and expertise of our team in order to provide more comprehensive planning services to clients with complex financial needs,” added RVP co-founder and CEO Robert Huffman III.

“Rebecca and her team will bring a level of expertise that complements and enhances our services. We are excited to complete this transaction and write the next chapter in our firm’s history,” Huffman said.

                                                                                                                                                                                                                       

Following Deaton and her team’s arrival, RVP is expected to have a total of 20 team members including six new certified financial planners. The transaction is part of a strategic initiative to expand the depth of the firm’s planning services and partnership team.

“My colleagues and I are thrilled to be joining an experienced team and firm with an excellent reputation and history of success,” Deaton said in the news release.

“We will be able to leverage RVP’s deep planning and investment capabilities, which will create new opportunities and a high level of service to help my clients reach their goals. We look forward to getting started,” she said.

RVP’s latest Form ADV filing is $1.59 billion in assets under management as of Dec. 31, 2020.