The Edelman Financial Group (TEFG) is a holding company that, through its subsidiaries and affiliates, provides investment management and financial planning services to individuals and institutions.
The Edelman Financial Group is the story of two financial organizations -- Edelman Financial Services and Sanders Morris Harris Group.
SMHG was formed by Don Sanders, Ben Morris, Titus Harris and John Mundy. George Ball, who orchestrated its merger with Pinnacle Global Group in 2000, joined the firm as chairman in 1994. Soon thereafter, SMHG began acquiring other firms in the financial services industry.
In 2005, SMHG acquired a majority stake in Edelman Financial Services, which was founded by Ric and Jean Edelman in 1987 and had become one of the largest and most successful financial planning and investment management firms in the country. In 2011, SMHG shareholders voted to change the company's name to The Edelman Financial Group. Today, Ric Edelman serves as Chief Executive Officer and President.
Through its family of firms, The Edelman Financial Group has more than 500 employees in 21 states and manages $18 billion in client assets. The firm continues the long tradition of its predecessors: maintaining a steadfast commitment to providing superior financial planning, investment management and brokerage services for individuals, institutions and employer retirement plans nationwide.
The Edelman Financial Group owns in whole or part companies that provide financial planning, investment management and brokerage services to consumers, high-net-worth individuals and institutions.Cummer Moyers Financial Services
Edelman Financial Services
Global Financial Services, LLC
Investor Solutions Group
Kissinger Financial Services
Leonetti & Associates, LLC
Miller-Green Financial Services, Inc.
Sanders Morris Harris Inc.
SMH Capital Advisors, Inc.
The Dickenson Group, LLC
The Rikoon Group, LLC