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Longwave Financial Announces Acquisition of MG Financial, Deepening Its Pacific Northwest Presence

Reported by Prweb
Jul 27, 2026· 2 min read
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Key Takeaways
  • • Longwave Financial has acquired MG Financial, Inc., a Seattle-based registered investment advisory firm founded in 1994 by Maris Galins, CFP, marking the firm's second major Pacific Northwest expansion in 2026 following its January merger with Spectrum.
  • • The acquisition consolidates three advisory platforms across Washington State under Longwave's umbrella, which specializes in financial planning, evidence-based portfolio design, and ESG investing strategies.
  • • Eric Chaney, Partner and Senior Financial Advisor in Longwave's Bellevue office (who joined through the January 2026 Spectrum merger), will lead client relationship management for the MG Financial integration.
  • • MG Financial operated as an independent advisory firm for over 30 years, built on a philosophy emphasizing personalized financial planning and trust-based client relationships, which Galins emphasized as central to his succession decision.
Summary
Longwave Financial announced the acquisition of MG Financial, Inc., a Seattle-based registered investment advisory firm, strengthening its competitive position across the Pacific Northwest. The transaction represents Longwave's second major expansion in Washington State within 2026, following its January 1 merger with Spectrum, a Bellevue-based planning and investment advisory firm. The acquisition consolidates advisory capabilities across multiple platforms and geographies under Longwave's specialization in financial planning, evidence-based portfolio design, and ESG investing.

MG Financial was founded by Maris Galins, CFP, in 1994 and has operated for over three decades as an independent advisory practice. Galins built the firm around a philosophy centered on personalized financial planning, time-intensive client service, and trust-based relationships. In his transition to retirement, Galins undertook an extensive search for a successor firm that could maintain the client experience standards he had established. "Choosing a successor was the most critical decision in my retirement," Galins stated in the announcement, noting his priority to find a firm that would "treat my clients the way I always have, with the same level of care and attention they've come to expect."

Eric Chaney, Partner and Senior Financial Advisor in Longwave's Bellevue office, will lead the integration and client relationship management for MG Financial. Chaney joined Longwave through its January 2026 merger with Spectrum and brings established relationships across the Puget Sound region serving families and business owners. The integration structure positions Chaney to ensure continuity with MG Financial's client base while leveraging Longwave's operational platform and investment capabilities.

The acquisition reflects Longwave's strategy of organic growth and strategic consolidation within the Pacific Northwest advisory market, where regional independence and personalized service remain competitive advantages. The transaction also underscores the broader trend of independent advisory firms seeking succession solutions with larger platforms that can preserve service quality and client relationships while providing operational and technological infrastructure.

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Sources

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Prweb Longwave Financial Announces Acquisition of MG Financial, Deepening Its Pacific Northwest Presence