SAX Wealth Advisors Welcomes Lighthouse Financial
Parsippany, NJ, August 20, 2026: SAX Wealth Advisors, a leading independent wealth management firm and part of SAX Advisory Group, today announced the acquisition of Lighthouse Financial, marking the firm’s second Florida office and further extending its advisory footprint.
The transaction closed June 30, 2026, and brings approximately $350 million in assets under management to SAX Wealth Advisors and welcomes a seasoned advisor to the team:
- Martin Parlato, Principal & Wealth Advisor, based in Ponte Vedra, FL
“Martin brings decades of experience and deeply rooted client relationships to our platform to strengthen our overall team,” said Kyle Stawicki, Managing Partner of SAX Wealth Advisors. “His expertise, paired with our integrated approach to wealth management, allows us to further extend the same client-first philosophy that defines SAX Wealth Advisors and we look forward to a smooth transition for him and his clients.”
This acquisition expands SAX Wealth Advisors’ growing advisory presence in Florida, reinforcing the firm’s continued expansion and its position as a destination platform for independent advisors. By joining SAX Wealth Advisors, Parlato gains access to the broader SAX Advisory Group ecosystem, including advanced planning resources, tax expertise, and operational support, enhancing the level of service and strategic guidance he can offer clients.
This marks SAX Wealth Advisors’ 7th acquisition of 2026, adding approximately $860,000,000 in assets under management, 10 team members, and 1 office. SAX Wealth Advisors now operates across 10 offices with more than 65 team members and over $6.56 billion in assets under management, including $1.17 billion in retirement plan assets.*
SAX Wealth Advisors remains focused on strategic expansion through partnerships with like-minded advisors and firms, reinforcing its mission to deliver comprehensive, forward-thinking financial guidance.
About SAX Wealth Advisors
SAX Wealth Advisors provides comprehensive wealth management services designed to help individuals, families, and business owners pursue their financial goals with clarity and confidence. With a focus on personalized guidance, strategic planning, and long-term relationships, SAX Wealth Advisors delivers tailored solutions that support clients through every stage of life.
Disclosures
* Firm assets include approximately $5.39B in regulatory assets under management (RAUM) and $1.17B in assets under advisement (AUA) as of 08/13/2026. Retirement plan assets may include both RAUM and AUA.