Transaction Details

AlphaCore Wealth Advisory, led by CEO and Founder Dick Pfister, is a wealth management firm based in La Jolla, California, providing wealth planning, investment management, tax preparation, and family office services to high-net-worth individuals, families, and institutional clients. The firm manages more than $2.5 billion in assets under management.

Constellation Wealth Capital, led by Founder and Managing Partner Karl Heckenberg, is an alternative asset management platform that provides flexible, long-term capital and strategic advisory to scaled wealth management businesses. The investment in AlphaCore marked Constellation’s first since the firm’s founding earlier in 2023.