Makino Financial and Karen Brelsford

Transaction overview

Reported joined

Exact closing date not established.

In an October 7, 2025 announcement, Independent Financial Group, LLC reported that Makino Financial and financial advisor Karen Brelsford had joined from Commonwealth Financial Network. These were independent practice affiliations, not a reported corporate purchase. The approximately $175 million represents their combined client assets, not transaction consideration. Brelsford’s separately owned tax practice, JK Associates, was not described as an acquired business.

Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.