Financial Services Add-on Acquisitions in 2025

  • Buyer
    Apella Wealth
    Target
    PBMares Wealth Management, LLC
    Seller
    PBMares LLP
    Type
    Addon

    Apella Wealth announced that PBMares Wealth Management, the wealth management division of PBMares LLP based in Williamsburg, Virginia, has joined Apella, expanding the firm's Mid‑Atlantic presence. The deal closed December 31, 2025 and brings Apella closer to $10 billion in assets under management while adding advisory and CPA expertise to its platform.

  • Buyer
    MCF Advisors LLC
    Target
    Accredited Wealth Management LLC
    Type
    Addon

    Lexington-based MCF Advisors LLC has acquired Louisville fee-only Registered Investment Adviser Accredited Wealth Management LLC, adding $178 million of AUM and expanding MCF's presence in the Louisville market. The founders of AWM, Steve Giacobbe and Shawn Clark, joined MCF as Senior Financial Advisors and Partners; the deal is MCF's first transaction since taking an equity investment from Wealth Partners Capital Group and the Aspire Holdings platform of HGGC, and increases MCF's AUM to about $3.9 billion.

  • December 9, 2025
    Buyer
    Earned
    Target
    OJM Group
    Type
    Addon

    Earned, a PE-backed wealth management platform focused on healthcare professionals, has acquired OJM Group, a Cincinnati-based registered investment adviser serving physicians and high-net-worth clients. The deal adds nearly $1 billion in assets under management and brings OJM's ~12-person team onto Earned's platform, further expanding Earned's integrated services for medical professionals.

  • Buyer
    Anderson Global
    Target
    Woodside Corporate Services Limited
    Location
    England, United Kingdom
    Type
    Addon

    Anderson Global has acquired Woodside Corporate Services Limited and its parent entities to expand its UK corporate and fund services capabilities. The deal will keep Woodside operating as a standalone business while integrating with the Kin Group technology platform to broaden fund administration, custodial and company secretarial offerings.

  • Buyer
    Allworth Financial
    Target
    FSA Wealth Management
    Type
    Addon

    Allworth Financial has acquired Needham, Massachusetts–based fiduciary advisory firm FSA Wealth Management, which oversees $460 million in assets under management. The deal brings six professionals (including five advisors and two managing partners) into Allworth's Greater Boston operation as the team transitions into Allworth's Waltham office to deepen the firm's up‑market advisory capabilities.

  • Buyer
    Merit Financial Advisors
    Target
    Blueprint Wealth Advisors, LLC
    Type
    Addon

    Merit Financial Advisors has acquired Blueprint Wealth Advisors, adding $1.2 billion in assets and expanding Merit's presence in Illinois and Wisconsin, including entry into the Chicago market. Blueprint’s managing partners Ryan Evans and Nick Wilkins will join Merit as Regional Directors and Partners; FP Transitions served as advisor and financial terms were not disclosed.

  • Buyer
    D2 Asset Management, LP
    Target
    Residential Capital Partners
    Type
    Addon

    D2 Asset Management has integrated the Residential Capital Partners team into its residential credit platform. The Dallas-based private lender's origination and servicing capabilities will combine with D2's institutional capital and capital markets infrastructure to expand direct lending products for single-family real estate investors, including transition, construction, and long-term rental loans.

  • Buyer
    Great American Holdings, LLC (GA Group)
    Target
    CBC Group, LLC
    Type
    Addon

    Great American Holdings, LLC (GA Group), a PE-backed provider of valuation and field exam services, has acquired CBC Group LLC, a specialist in asset-based lending field examinations. The deal folds CBC's team into GA Group's field exam group to expand capabilities and North American coverage, bringing the combined field exam headcount to nearly 40 examiners.

  • Buyer
    Merit Financial Advisors
    Target
    Mennenga Tax & Financial
    Type
    Addon

    Merit Financial Advisors has acquired Mennenga Tax & Financial, adding $715 million in client assets and more than 35 employees. Founder Marshall Mennenga will join Merit as Wealth Manager, Tax Advisor, and Partner; the deal expands Merit's tax planning and wealth management capabilities in Wisconsin and provides Mennenga access to Merit’s technology and resources. The transaction closed on October 31, 2025; financial terms were not disclosed and FP Transitions advised on the deal.

  • Buyer
    Waverly Advisors, LLC
    Target
    Bridge Creek Capital Management
    Type
    Addon

    Waverly Advisors, a Birmingham-based registered investment adviser, has acquired Cape Cod-based Bridge Creek Capital Management. The acquisition, which closed October 31, 2025, brings roughly $447 million of AUM onto Waverly’s platform and expands the firm’s presence in Massachusetts as the entire Bridge Creek team joins Waverly.

  • Buyer
    Lorne Park Capital Partners Inc., Bellwether Investment Management Inc.
    Target
    1001273791 Ontario Ltd.
    Seller
    Gordon Archer
    Location
    Ontario, Canada
    Type
    Addon

    Lorne Park Capital Partners Inc. (TSXV: LPC), through its wholly owned subsidiary Bellwether Investment Management Inc., has acquired 100% of the outstanding securities of 1001273791 Ontario Ltd., a practice holding approximately $40 million in assets under management. The seller, advisor Gordon (Gord) Archer, will become a Bellwether employee; the purchase price is CAD 1,300,000 paid with a specified installment schedule tied to trailing revenue.

  • Buyer
    Pivotal Growth Limited
    Target
    Believe Money Group Limited
    Location
    South Yorkshire, United Kingdom
    Type
    Addon

    Pivotal Growth Limited has acquired Believe Money Group Limited, a UK tech-driven second charge mortgage broker and fintech operator. The deal is Pivotal Growth's 20th acquisition and adds Believe Money's AI-driven CRM, a team of more than 130 people and annual revenues in excess of £20m to Pivotal's mortgage broking platform to accelerate scale in the second charge mortgage market.

  • Buyer
    Waverly Advisors, LLC
    Target
    Brass Tax Wealth Management
    Type
    Addon

    Waverly Advisors, a Birmingham-based RIA backed by Wealth Partners Capital Group and HGGC's Aspire platform, has acquired Brass Tax Wealth Management, a Blue Ash, Ohio wealth management firm. The deal adds approximately $465 million in AUM to Waverly and expands the firm's presence in Ohio; financial terms were not disclosed and the entire Brass Tax team joined Waverly.

  • Buyer
    Fiduciary Services Group
    Target
    Beacon Benefits
    Type
    Addon

    Fiduciary Services Group (FSG) has acquired Beacon Benefits, a Beverly, Massachusetts–based third-party administrator (TPA), and will integrate the business into its DWC TPA platform. The deal expands FSG’s retirement services capabilities and adds a regional Boston-area office to support growth in plan administration and recordkeeping services.

  • Buyer
    Modern Wealth Management
    Target
    Public Safety Financial/Galloway
    Type
    Addon

    Modern Wealth Management has acquired Mesa, Arizona-based Public Safety Financial/Galloway (PSF/Galloway), an RIA managing $1.1 billion in assets, and has launched a dedicated Public Safety Financial division to serve first responders and public safety families. The deal establishes Modern Wealth's first office in Arizona and expands its national footprint and advisor support through a new Phoenix Organic Growth Hub.

  • Buyer
    CW Advisors, LLC
    Target
    Capital Management Services, Inc., CHB Investment Group, LLC
    Type
    Addon

    CW Advisors, an SEC‑registered investment advisor and subsidiary of Osaic, has acquired two Pennsylvania RIAs — Capital Management Services (CMS) and CHB Investment Group — adding $575 million in assets under management. The deals expand CW Advisors’ presence in Pennsylvania and increase its AUM to approximately $14.5 billion; terms were not disclosed.

  • Buyer
    Apella Wealth
    Target
    Park Piedmont Advisors
    Type
    Addon

    Apella Wealth has acquired Park Piedmont Advisors, a fee-only advisory firm led by brothers Nick and Tom Levinson, adding over $1 billion in AUM and establishing Apella’s presence in Chicago. The deal is an add-on to Apella’s platform (which is partnered with Wealth Partners Capital Group) and expands Apella’s national footprint and resources for Park Piedmont’s clients.

  • Buyer
    EP Wealth Advisors
    Target
    Better Money Decisions, LLC
    Type
    Addon

    EP Wealth Advisors announced a strategic partnership to bring Santa Fe-based Better Money Decisions (BMD) into the EP Wealth platform, adding roughly $370 million in AUM and a small team of advisors. The move expands EP Wealth's presence in the Southwest and provides a succession plan as BMD Managing Partner Lorraine Ell transitions to retirement.

  • Buyer
    Daybright Financial
    Target
    Hessel & Associates, LLC
    Type
    Addon

    Daybright Financial has acquired Hessel & Associates, LLC, a Lincolnshire, Illinois–based pension consulting firm and third-party administrator (TPA). The deal expands Daybright's Private Sector Retirement Solutions presence into the Midwest, with Hessel founder's daughter Brooke Hessel Cline continuing as Managing Partner within Daybright.

  • Buyer
    Brightstone Specialty Group, Highstreet Insurance Partners
    Target
    RMS Hospitality Group, Fortis Risk Solutions
    Type
    Addon

    Brightstone Specialty Group, a wholly-owned subsidiary of Highstreet Insurance Partners, has acquired RMS Hospitality Group and its sister company Fortis Risk Solutions to expand its specialty insurance offerings for the franchise food, hospitality and restaurant sectors. The deal brings RMS's program administration capabilities and Fortis's third-party claims administration into Brightstone's platform to deepen expertise and coverage solutions for hospitality customers across the United States.

  • Buyer
    Soltis Investment Advisors, LLC
    Target
    High End Financial, LLC
    Type
    Addon

    Soltis Investment Advisors has added Utah-based High End Financial, LLC, led by advisor Jay Wells, bringing more than $500 million in client assets to Soltis' platform. Wells will join Soltis as Senior Advisor, Institutional & Wealth Services as part of the firm's selective M&A-driven advisor recruiting and platform expansion efforts.

  • Buyer
    EdgeCo Holdings LP, AmericanTCS Holdings, LLC (AmericanTCS)
    Target
    Axios Advisory Group, Ltd.
    Type
    Addon

    EdgeCo Holdings LP has completed the acquisition of Axios Advisory Group, Ltd., integrating Axios's American Pension Benefit retirement plan administration and Axios Wealth Management advisory services into its AmericanTCS business unit. The deal expands AmericanTCS's administration, recordkeeping and wealth capabilities as part of EdgeCo's ongoing roll-up strategy in the small- and mid-sized retirement plan market.

  • Buyer
    J.C. Flowers & Co., JCF Funds (investment vehicles affiliated with J.C. Flowers & Co.)
    Target
    Caleas Srl
    Seller
    Founders (Dr. Andrea Cardini and Mr. Carlo Lecchi), Company management / existing shareholders (retaining a minority stake)
    Location
    Lombardy, Italy
    Type
    Addon

    Investment vehicles affiliated with J.C. Flowers & Co. have acquired Milan-based insurance brokerage Caleas Srl. The founders/management will retain a minority stake; the deal is part of J.C. Flowers' roll-up strategy in the Italian insurance market to expand its SME and corporate insurance capabilities.

  • Buyer
    Bluespring Wealth Partners, LifeBridge Financial Group
    Target
    Halcyon Wealth Advisors
    Type
    Addon

    Bluespring Wealth Partners has acquired Halcyon Wealth Advisors, a Kestra-affiliated RIA overseeing $364 million in AUM, and merged the firm into existing Bluespring portfolio company LifeBridge Financial Group. The deal expands LifeBridge's footprint into the Dallas–Fort Worth market (Halcyon is based in Irving, Texas) and broadens the combined firm's network of advisors across Texas.

  • Buyer
    F2 Strategy
    Target
    Aliter Investment Services
    Type
    Addon

    F2 Strategy, a Chicago-based wealth management technology and marketing services firm, has acquired Aliter Investment Services, a Boston-based professional services firm specializing in operations and technology transformation for investment managers and asset servicing providers. The acquisition establishes asset servicing as F2's third core vertical, expanding the firm's capabilities across pooled investment servicing and enhancing its strategic consulting and delivery across the financial services ecosystem.

  • Buyer
    True North Advisors, LLC, Wealth Partners Capital Group (WPCG), HGGC (Aspire Holdings)
    Target
    Blue Investment Partners LLC
    Type
    Addon

    True North Advisors, a Dallas-based registered investment adviser, has acquired Danville, California-based Blue Investment Partners, adding approximately $353 million in AUM and expanding True North’s presence in the San Francisco Bay Area. The deal is True North’s second acquisition since forming a growth partnership with Wealth Partners Capital Group and HGGC’s Aspire Holdings platform and closed June 30, 2025; financial terms were not disclosed.

  • Buyer
    Merit Financial Advisors
    Target
    AMP Wealth Management
    Type
    Addon

    Merit Financial Advisors, a Georgia-based wealth management firm, has acquired AMP Wealth Management of Whitefish Bay, Wisconsin, adding $365 million of assets and expanding Merit's Midwest footprint with a seventh office in Wisconsin. AMP's founder Dr. Jerome Mahalick and his team will join Merit, and AMP's dividend-focused investment strategy will be integrated into Merit's platform; financial terms were not disclosed.

  • Buyer
    Focus Partners Wealth, LLC, Focus Financial Partners Inc
    Target
    David Wealth Management, LLC
    Type
    Addon

    Focus Financial Partners’ wealth platform, Focus Partners Wealth, will acquire David Wealth Management, LLC. The transaction is expected to close in the third quarter of 2025, subject to customary closing conditions.

  • Buyer
    July Business Services (JULY), Expand Financial (EXPAND)
    Target
    Employee Incentive Plans (EIP), AtlasMark Financial (retirement plan advisory practice)
    Seller
    Employee Incentive Plans, AtlasMark Financial (advisory practice)
    Type
    Addon

    July Business Services (JULY) has acquired Employee Incentive Plans (EIP), effective May 30, 2025, and concurrently merged AtlasMark Financial’s retirement plan advisory practice into EXPAND, a wholly owned subsidiary of JULY. The deal expands JULY’s retirement-plan capabilities and scale — bringing additional advisory talent and strengthening its fiduciary-driven investment management offering as it grows its platform of retirement-plan services.

  • Buyer
    Merit Financial Advisors
    Target
    Olympic Wealth Management, LLC
    Type
    Addon

    Merit Financial Advisors, a Georgia-based wealth management firm, has acquired Bothell, Washington-based Olympic Wealth Management, adding $204 million of assets and a fifth Washington office. The merger, finalized June 13, 2025, brings Olympic’s advisors into Merit’s team to expand the firm’s Pacific Northwest presence and specialized service to Seattle–Tacoma aerospace clients.

  • Buyer
    Bluespring Wealth Partners
    Target
    SilverStar Wealth Management
    Type
    Addon

    Bluespring Wealth Partners acquired Kestra-affiliated SilverStar Wealth Management and merged the firm into its existing Bluespring partner, LifeBridge Financial Group. The combined teams will oversee $1.4 billion in AUM and aim to strengthen their Texas presence and client service capabilities with support from Kestra Financial.

  • Buyer
    EdgeCo Holdings LP, AmericanTCS Holdings, LLC (AmericanTCS / PensionPro)
    Target
    ERISApedia
    Seller
    Tim McCutcheon
    Type
    Addon

    EdgeCo Holdings LP has acquired ERISApedia and will integrate its products into the AmericanTCS PensionPro business unit to expand compliance and prospecting capabilities for plan sponsors, TPAs and retirement advisors. The deal, which involves ERISApedia owner Tim McCutcheon, furthers EdgeCo/AmericanTCS's strategy of expanding its retirement services offering.

  • Buyer
    Mercer Global Advisors, Inc.
    Target
    Full Sail Capital
    Type
    Addon

    Mercer Global Advisors, a national Registered Investment Adviser, has acquired Full Sail Capital, an Oklahoma City-based wealth management firm managing $2 billion in client assets. The deal expands Mercer’s presence in Oklahoma and Texas, adds Full Sail’s 14-person team and 600+ client families to Mercer’s platform, and provides Full Sail access to Mercer’s enterprise infrastructure and institutional resources.

  • Buyer
    Mercer Global Advisors, Inc.
    Target
    Tufton Capital Management, LLC
    Type
    Addon

    Mercer Global Advisors, a national RIA majority‑owned by private equity firms, has acquired Hunt Valley, Maryland–based Tufton Capital Management. The deal expands Mercer’s footprint in the greater Washington, D.C./Mid‑Atlantic market and brings approximately $800 million of Tufton client AUM onto Mercer’s platform, increasing Mercer’s regional client assets to about $3 billion.

  • Buyer
    Cary Street Partners
    Target
    IFS Advisors, Inc.
    Seller
    IFS Advisors, Inc., Daniel J. Wolff
    Type
    Addon

    Cary Street Partners has acquired IFS Advisors, Inc., a Sarasota, Florida-based wealth management firm led by Daniel J. Wolff. The deal expands Cary Street Partners' national footprint to 20 offices and strengthens its presence in Florida alongside its Tampa office.

  • Buyer
    Relation Insurance Services
    Target
    Engle and Associates Insurance Brokers
    Seller
    Engle and Associates Insurance Brokers
    Type
    Addon

    Relation Insurance Services acquired the assets of Engle and Associates Insurance Brokers effective May 1, 2025; financial terms were not disclosed. The deal brings the 45+-year family-owned San Luis Obispo insurance agency into Relation's national platform, giving Engle access to Relation's carrier relationships, tools and specialties while keeping local leadership in place.

  • Buyer
    EP Wealth Advisors, LLC
    Target
    NBS Financial Services
    Type
    Addon

    EP Wealth Advisors has entered a strategic partnership to bring NBS Financial Services into its Westlake Village office, adding over $230 million in AUM. The move strengthens EP Wealth’s Southern California footprint and integrates NBS’s local advisory team into EP Wealth’s platform; financial terms were not disclosed.

  • Buyer
    Earned Wealth
    Target
    Chahal & Associates
    Type
    Addon

    Earned Wealth, a tech-enabled financial services firm focused on doctors, has acquired Chahal & Associates, a Hercules, California-based tax and accounting firm serving roughly 2,200 doctors and high-net-worth clients. The deal expands Earned's tax, accounting and payroll capabilities as part of its doctor-focused platform following a 2024 growth investment from Summit Partners and Silversmith Capital.

  • Buyer
    EP Wealth Advisors, LLC
    Target
    AlphaMark Advisors, LLC
    Type
    Addon

    EP Wealth Advisors has acquired AlphaMark Advisors, a Fort Wright, Kentucky-based registered investment adviser, in a transaction that closed April 11, 2025. The deal adds roughly $385 million in AUM (reported by multiple sources) and expands EP Wealth’s Midwest footprint into northern Kentucky and the Greater Cincinnati area; Houlihan Lokey acted as exclusive financial advisor to AlphaMark.

  • Buyer
    Waverly Advisors
    Target
    Fiduciary Wealth Advisors
    Type
    Addon

    Waverly Advisors, a PE-backed RIA based in Birmingham, Alabama, has acquired Fiduciary Wealth Advisors (FWA), a Sarasota, Florida-based wealth management firm founded by Scott Collins. The deal closed April 4, 2025 and adds approximately $110 million of AUM while expanding Waverly's presence in Southwest Florida.

  • Buyer
    Waverly Advisors, LLC
    Target
    NBW Capital, LLC
    Type
    Addon

    Waverly Advisors, a Birmingham-based RIA backed by Wealth Partners Capital Group and HGGC's Aspire Holdings, has acquired Boston-based NBW Capital, adding approximately $500 million of AUM and expanding Waverly into Massachusetts. The entire NBW team will join Waverly (except Ben Niedermeyer, who is retiring); the transaction closed on March 28, 2025 and is intended to bolster Waverly's equity strategy management capabilities.

  • Buyer
    Bluespring Wealth Partners
    Target
    Charter Capital Management
    Type
    Addon

    Bluespring Wealth Partners, a Kestra-owned acquirer of independent RIAs, has acquired Charter Capital Management, a Brookfield, Wisconsin-based wealth management firm overseeing more than $400 million in AUM. The deal brings Charter’s four-advisor team onto the Bluespring platform to leverage Bluespring’s operational resources and succession-planning capabilities to support growth and advisor succession.

  • Buyer
    Pure Financial Advisors, LLC, Lee Equity Partners, Emigrant Partners LLC
    Target
    Personal Investment Management, Inc.
    Type
    Addon

    Pure Financial Advisors, LLC (PE-backed RIA) has acquired Personal Investment Management, Inc. (PIM), a Seattle-area financial advisory firm with roughly $567 million in regulatory AUM. The deal, which closed March 14, 2025, expands Pure's presence in the Pacific Northwest and integrates PIM's advisory team and clients into Pure's Seattle / Mercer Island operations.

  • Buyer
    EP Wealth Advisors, LLC
    Target
    The Holben Group, LLC
    Type
    Addon

    EP Wealth Advisors has partnered with Denver-based The Holben Group, LLC, bringing approximately $190 million of AUM into EP Wealth and expanding the firm's Colorado presence. The Holben Group founder Jeffrey Holben, along with other advisors, will join EP Wealth in advisory and partner roles; financial terms were not disclosed.

  • Buyer
    Optio Group
    Target
    S Insurance AS
    Location
    Vestland, Norway
    Type
    Addon

    Optio Group, a London-based specialty MGA, has acquired Norwegian marine-focused MGA S Insurance AS for an undisclosed sum, subject to regulatory approval. The deal expands Optio's marine underwriting capabilities and establishes its first footprint in Scandinavia as part of a broader European buy-and-build strategy.

  • Buyer
    Trimont, Värde Partners
    Target
    Wells Fargo non-agency third-party Commercial Mortgage Servicing (CMS) business
    Seller
    Wells Fargo
    Type
    Addon

    Trimont has completed the acquisition of Wells Fargo’s non-agency third-party Commercial Mortgage Servicing (CMS) business, a deal backed by Värde Partners. The transaction adds more than 19,000 loans, secured by 21,500 properties, and over 700 staff to Trimont’s platform, making Trimont the largest servicer of securitized commercial real estate loans in the United States with approximately $700 billion in loans under management.

  • Buyer
    Bishop Street Underwriters, RedBird Capital Partners
    Target
    Landmark Underwriting
    Location
    United Kingdom
    Type
    Addon

    Bishop Street Underwriters, a portfolio company of RedBird Capital Partners, has completed its acquisition of Landmark Underwriting, a London-based specialty managing general agent (MGA). The deal expands Bishop Street's international footprint and strengthens its specialty underwriting capabilities across the UK, Europe and Asia Pacific; financial terms were not disclosed.

  • Buyer
    Bluespring Wealth Partners
    Target
    Reliant Wealth Planning
    Type
    Addon

    Bluespring Wealth Partners, a Kestra-owned acquirer of independent RIAs, has acquired Reliant Wealth Planning, a Louisville-based wealth management firm overseeing approximately $560 million in assets. The deal brings Reliant’s 13-person team into Bluespring’s platform to expand client services and capability while preserving Reliant’s advisory DNA.

  • Buyer
    Clearstead Advisors, LLC
    Target
    Waveland Family Office LLC
    Seller
    Waveland Family Office LLC
    Type
    Addon

    Clearstead Advisors, a Cleveland-based RIA backed by Flexpoint Ford, has acquired the assets of Waveland Family Office LLC, a northern Chicago suburban family office with approximately $420 million AUM. The deal closed January 31; Waveland’s six employees will join Clearstead and principals Allen C. Berg and Dennis Zaslavsky will join as equity partners, expanding Clearstead’s Midwest presence and capabilities.

  • Buyer
    Arax Investment Partners
    Target
    Cedrus Financial
    Type
    Addon

    Arax Investment Partners, a RedBird-backed wealth management platform, has acquired Cedrus Financial, a Littleton, Colorado-based RIA managing about $1 billion in AUM. Cedrus will operate within Arax’s Advisory Partners coalition to access operational synergies, technology, and scale to support growth; financial terms were not disclosed.

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