MCF Advisors, a registered investment adviser based in Kentucky, has expanded its foothold in the home market with the purchase of Hoff Bujnoch & Associates (HBA).
Based in Newport, Kentucky, HBA manages about $250m in assets
The business is led by Digger Bujnoch. The purchase increases MCF’s footprint in Northern Kentucky and broadens its financial planning and wealth management operations. Under MCF, the acquired business is said to have access to broader resources in investment supervision, tax and estate planning, retirement planning and services for business owners.
Digger said: “Getting to know the MCF leadership team and the strength of MCF’s business model made the decision to join the firm an easy one. “MCF’s outstanding platform and comprehensive resources will empower us to deliver even greater value to the families we serve.” Bujnoch will join MCF as senior financial adviser and partner, with the rest of his team also moving across. They will continue to work with existing clients. MCF CEO and managing partner Dave Harris commented: “MCF is pleased to welcome Digger and the HBA team to the firm. “Their strong commitment to clients, enduring client relationships and collaborative approach to financial planning align closely with MCF’s values.