Wealth Management Acquisitions in United States

Carson Group announced it has fully acquired its Carson Wealth office in Scottsdale, Arizona, bringing the long-time partner practice under full ownership as it expands its national advisory network. The acquired practice, led by managing partner and wealth advisor Brent Pine, oversees about $430 million in assets under management and previously joined Carson in 2021 via a minority equity partnership after operating as Integrated Wealth Management.

Mission Wealth Management, LP announced/completed a strategic merger with RightPath Investments & Financial Planning, Inc., an independent fiduciary wealth advisory firm based in Colorado. RightPath founder Steven R. Smith will join Mission Wealth as a Special Advisor, and Megan Nuttelman will join as a Wealth Advisor, as Mission Wealth expands its Colorado presence and broader national growth strategy.

MAI Capital Management acquired LOC Investment Advisers, a fee-only registered investment adviser with offices in Hurricane, West Virginia, and Jupiter, Florida. The deal (effective/closed February 13, 2026) adds approximately $759 million in assets under management and more than 800 client households to MAI’s national wealth management platform; financial terms were not disclosed.

Aerodigm Wealth announced it completed a management buyout of the wealth advisory business formerly known as Delap Wealth Advisory and relaunched under the Aerodigm Wealth brand. Headquartered in Portland, Oregon, the firm positions itself as an independent, partner-owned advisor to ultra-high-net-worth individuals and families and reported approximately $1.5 billion in assets under management as of December 31, 2025.

Savvy Advisors Inc., affiliated with Savvy Wealth, Inc., announced the addition of Colorado Wealth Group (CWG), a Denver-based wealth management firm with about $300 million in client assets under management. The onboarding expands Savvy’s RIA platform and contributed to the firm surpassing 4.5x year-over-year growth and more than doubling AUM over the past six months. CWG’s team will retain ownership of its book of business while leveraging Savvy’s infrastructure, technology and operational support.

Simplicity Group, a holistic financial planning firm, announced the acquisition of LeSourd Partners, a Birmingham, Alabama-based brokerage general agency. The deal expands Simplicity’s national footprint and strengthens its life insurance and advisor support capabilities, while adding LeSourd executives Jake LeSourd, Diane Covin, and Kim Roberts as new Partners within Simplicity.

CAPTRUST Financial Advisors announced that Alpha Cubed Investments (ACI), a Southern California-based wealth management and financial planning firm, has joined CAPTRUST and will adopt the CAPTRUST brand. ACI oversees approximately $3.8 billion in assets and is headquartered in Orange County, California (with an additional office in Scottsdale, Arizona). The transaction closed/joined in January 2026, expanding CAPTRUST’s presence in Southern California.

Bluespring Wealth Partners acquired SHP Financial, a Plymouth, Massachusetts-based financial planning firm overseeing approximately $2.3 billion in total assets. The transaction expands Bluespring’s presence in New England and is positioned as a growth partnership with SHP’s founders remaining actively engaged. Turkey Hill Management served as financial advisor to SHP Financial in connection with the deal.

Evermay Wealth Management, a fee-only fiduciary registered investment advisor based in Arlington, Virginia, merged with Novotny, Larash, Venters & Wolf (NLVW), a tax preparation and business advisory firm headquartered in Annapolis, Maryland. As part of the combination, NLVW’s tax practice will operate as Evermay Tax LLC, led by Brandon Wolf, and approximately 25 NLVW professionals will join Evermay to deliver a more integrated wealth management and tax offering.

Summit Wealth Group, an independent registered investment advisory firm, merged with Premier Private Wealth (PPW), a Nashville-based wealth manager with approximately $470 million in assets under management. The combination increases Summit’s total AUM to about $3 billion and expands its presence in Tennessee, including a new office in Franklin. As part of the transaction, Summit is launching Summit Wealth Group Family Office Services, led by PPW CEO Michael Comstock as Summit’s new Head of Family Office Services.

Arax Investment Partners acquired GFP Private Wealth, a Cleveland, Ohio-based registered investment adviser with $1.5 billion in assets under management. The deal adds GFP to Arax Advisory Partners as Arax expands its Midwest presence and supports GFP’s next phase of growth with additional infrastructure and strategic resources.

Beacon Pointe Advisors announced it has acquired three registered investment advisor (RIA) teams—Financial Planning Solutions, Voyager Wealth Management, and InvestmentHunter Wealth Services—adding to its national wealth management footprint. The transactions, which closed in November and December 2025, increase Beacon Pointe’s total assets under advisement to approximately $62 billion and expand its resources and capabilities for the incoming teams’ clients.

Carson Group fully acquired its Carson Wealth office in Milton, Georgia, building on a long-standing partnership with managing partner and wealth advisor G.C. Lewis. As part of the deal, Carson Group will integrate its Carson Wealth Atlanta and Dunwoody locations into the Milton office to expand its presence in Georgia and support growth across the Southeast.

Mission Wealth Management, LP announced a strategic merger with PBL Wealth Management, LLC, an independent fiduciary wealth advisory firm based in Austin, Texas. The transaction expands Mission Wealth’s presence in Texas and integrates PBL’s tax-aware planning capabilities, with PBL founder Adam Broughton joining Mission Wealth as a Partner and Senior Wealth Advisor.

Merit Financial Advisors, a Georgia-based wealth management firm, acquired GlennCo, LLC, a Newtown, Pennsylvania-based wealth management firm overseeing approximately $208 million in assets. The deal expands Merit’s presence in Pennsylvania (its seventh office in the state) and brings GlennCo owner Glenn Cohen and his full team into Merit; financial terms were not disclosed.

EP Wealth Advisors, a fee-only registered investment advisor, partnered with and acquired Santa Fe, New Mexico-based LongView Asset Management, LLC, adding more than $390 million in assets under management and expanding EP Wealth’s Southwest presence. LongView founder David Cantor and seven team members will join EP Wealth, and LongView clients will gain additional resources including tax, estate, and legacy planning support. Financial terms were not disclosed, and Advice Dynamics Partners advised LongView on the transaction.

CW Advisors, LLC (CWA), a Boston-based registered investment advisor and subsidiary of Osaic Holdings, has acquired Rovin Capital, LLC, a fee-only RIA with offices in Lehi, Utah and Mesa, Arizona. The deal adds $849 million in combined assets under management and under advisement and is intended to expand CW Advisors’ presence in the western United States, with Rovin helping lead a regional growth strategy. Financial terms were not disclosed.

CAPTRUST Financial Advisors expanded in Kansas City by adding Meritage Portfolio Management, a Kansas City-based wealth and investment management firm. Meritage reported $2.4 billion in client assets at announcement and will operate under the CAPTRUST brand following the transaction, which closed in December 2025.

Finseca and the International Association of Qualified Financial Planners (IAQFP) announced a merger to unify financial planning designations and expand access to trusted financial planning services. As part of the transaction, Finseca will assume responsibility for operating IAQFP and maintaining the QFP designation and the online QFP Verification Registry.

OnePoint BFG Wealth Partners acquired Voyage Wealth Architects, a Minneapolis-based wealth management firm with approximately $700 million in assets under management. Voyage will join OnePoint BFG immediately and transition to the OnePoint BFG brand over time, expanding OnePoint BFG’s Midwest presence and enhancing its financial planning-focused platform. Rise Growth Partners is noted as a strategic capital partner supporting OnePoint BFG’s M&A strategy.

Clearstead Advisors acquired The Clarius Group, a Seattle-based multi-family office RIA overseeing about $5.1 billion in assets under management. The deal closed on January 31, 2026 and is intended to expand Clearstead’s ultra-high-net-worth family office capabilities and strengthen its Pacific Northwest presence. Flexpoint Ford, which invested in Clearstead in 2022, is supporting Clearstead’s growth and acquisition strategy.

Waverly Advisors, LLC acquired Pure Portfolios, a wealth management firm headquartered in Lake Oswego, Oregon, expanding Waverly into a new Oregon market and strengthening its Pacific Northwest presence. Pure’s founder Nik Schuurmans and CFO Toby Weber, along with the full Pure team, are joining Waverly; the acquisition increased Waverly’s assets under management by about $437 million (as of December 31, 2025). The transaction closed on January 30, 2026, and is Waverly’s 30th deal since taking an equity investment in December 2021 from Wealth Partners Capital Group and HGGC’s Aspire Holdings platform.

Forta Wealth Partners, a newly launched independent wealth management firm based in Indianapolis, received a strategic minority investment from Elevation Point. The investment supports Forta’s launch after the team’s transition from Merrill Lynch Wealth Management’s The Turner Group, providing access to resources and collaboration (including Goldman Sachs Custody Solutions) while Forta maintains control of the business.

Corient acquired the business of Palo Alto Wealth Advisors, a Palo Alto, California-based registered investment advisor with $766.7 million in assets under management. The transaction expands Corient’s West Coast presence and strengthens its Silicon Valley footprint, with Palo Alto Wealth Advisors’ team—focused on technology professionals, founders, and entrepreneurs—joining Corient.

Cetera Financial Group has completed the acquisition of Plains Wealth Management, a Texas-based independent wealth management and tax planning practice overseeing approximately $400 million in assets. Plains Wealth Management will join The Retirement Planning Group (TRPG), Cetera’s employee-based RIA, expanding TRPG’s presence in the Houston market.

NorthRock Partners announced that Illinois-based advisory firm Martin & Associates has joined the company, expanding NorthRock’s presence in Illinois and pushing the firm past $11 billion in total assets under management. The Martin & Associates team is expected to add about $500 million in AUM and will transition client relationships onto NorthRock’s platform as part of the integration.

Bluespring Wealth Partners, a wealth management platform and acquirer of RIAs, announced its partnership with (acquisition of) Coghill Investment Strategies. Pittsburgh-based Coghill Investment Strategies, founded in 2011, oversees approximately $600 million in assets under management and will join Bluespring’s community of independent partner firms.

Prime Capital Financial acquired Bradshaw Rogers Financial Partners, Inc., a Salisbury, North Carolina-based wealth management firm with approximately $600 million in assets under management. The seven-person Bradshaw Rogers team, including founders Trent Bradshaw and Brandon Rogers, will join Prime Capital Financial as partners, supporting Prime Capital Financial’s expansion of its planning-first and tax-integrated platform following the launch of its Tax Advisory practice.

Merit Financial Advisors, a Georgia-based wealth management firm, acquired TL Financial Group, its first office in Michigan, expanding into the Detroit metro area. The transaction adds approximately $217 million in client assets, and TL founder Tony LaJeunesse will join Merit as a wealth manager, area director, and partner. Financial and legal terms were not disclosed, and the deal closed on January 23, 2026.

Cetera completed the acquisition of the wealth management business of Darnall Sikes Wealth Partners, a Louisiana-based wealth management firm serving high-net-worth individuals, business owners and their families. The transaction adds approximately $1.9 billion in client assets to Cetera’s RIA model, with the Darnall Sikes team joining Avantax Planning Partners within Cetera’s RIA platform. Separately, affiliated CPA firm Darnall Sikes & Frederick remains independent and entered a long-term strategic partnership with Cetera.

Elevation Point made a strategic minority investment in Harbor View Private Wealth, an Atlanta-based wealth management firm. The investment supports Harbor View’s launch as an independent advisory firm and will provide access to resources including custody through Elevation Point’s relationship with Goldman Sachs Custody Solutions.

Apollon Wealth Management added Indiana-based registered investment adviser Sage Advisors to expand its presence in the Midwest and continue building its national wealth management organization. Sage Advisors, founded in 2021 and led by Principal Mike Surenkamp, will gain access to Apollon’s operational support and resources; financial terms were not disclosed.

Merit Financial Advisors acquired SSC Wealth LLC, the wealth management division of SSC CPAs + Advisors, adding approximately $259.6 million in assets under management and transferring SSC Wealth’s advisory business, assets, and employees to Merit. The deal also establishes a long-term strategic partnership between Merit and SSC CPAs + Advisors to deepen collaboration on advanced tax planning and business advisory services for high-net-worth clients and business owners, while SSC CPAs + Advisors remains independent and 100% employee-owned.

Allworth Financial acquired Grunden Financial Advisory, Inc., a Denton, Texas-based wealth management firm with approximately $500 million in assets under management. The acquisition expands Allworth’s footprint in North Texas by adding offices in Denton and Addison and integrating Grunden’s six-person team, including partner advisors Ricky Grunden, Sr., Dave Ragan, and Susy Thomas, who will remain in their roles.

Generational Wealth launched as a newly unified wealth management and financial planning firm following a merger connected to a joint $100 million acquisition. Post-transaction, the firm reports over $900 million in assets under management and administration and is headquartered in North Palm Beach, Florida.

Bluespring Wealth Partners announced that Front Porch Financial, a Kestra Financial-affiliated wealth management firm, has joined Bluespring partner firm U.S. Financial Services through a merger. The combination expands U.S. Financial Services’ footprint (adding its fifth office) and forms a roughly $1.7 billion wealth management business, with Front Porch founder Elizabeth Blanchard transitioning her practice into U.S. Financial Services as part of succession planning and continuity for clients.

Cerity Partners, an independent U.S. wealth management firm, announced it has merged with SOL Capital Management, a Rockville, Maryland-based registered investment advisory firm. Under the agreement, SOL Capital Management will operate under the Cerity Partners name, expanding Cerity’s presence in Maryland and the greater Washington, D.C. region and enhancing its advisory and investment capabilities.

Angeles Wealth Management, a Santa Monica-based registered investment advisor, acquired XO Capital, a boutique firm providing family office, business management, and investment management services. The deal seeds the launch of Angeles Family Office, integrating XO’s team and capabilities with Angeles Wealth’s broader advisory and discretionary portfolio management platform. Financial terms were not disclosed.

Credent Wealth Management (CX Institutional, LLC d/b/a Credent), a fee-only registered investment advisor (RIA) headquartered in Indiana, acquired MainStreet Financial Advisors (Michigan) and First State Investment Advisors (Tulsa, Oklahoma). The two deals add a combined approximately $250 million in AUM and about 350 clients, expanding Credent’s footprint as it enters 2026 following its long-term capital partnership with Crestline Investors.

Rothschild Wealth Partners, a Chicago-based registered investment advisor, acquired Windgate Wealth Management, an independent Chicago advisory firm founded in 1990 managing over $200 million in client assets. As part of the deal, Windgate leaders Michael Corbett, Sean Condon, and Stacie Suhrbur will join Rothschild, expanding Rothschild’s wealth advisory footprint in the Chicago market and supporting its broader U.S. growth strategy.

Carson Group fully acquired its Carson Wealth location in Minneapolis, deepening its presence in the Twin Cities market in the firm’s first acquisition of 2026. The Minneapolis practice, led by Managing Partner Jeremy Willner, manages approximately $395 million in advisory and brokerage assets; terms were not disclosed. Carson previously acquired a 30% stake in the practice in 2024, and the transaction completes the buyout to full ownership.

The Mather Group (TMG), a Chicago-headquartered fee-only wealth management firm, partnered with The Hogan-Knotts Financial Group to expand TMG’s East Coast presence and add planning and advisory resources in New Jersey. Hogan-Knotts, based in Red Bank, New Jersey, oversees more than $300 million in assets under management; financial terms were not disclosed.

Mercer Global Advisors, Inc. (Mercer Advisors), a national registered investment adviser, announced the acquisition of Poterack Capital Advisory (PCA), a digital-first wealth management firm with approximately $265 million in client assets. The transaction expands Mercer Advisors’ virtual and national wealth management capabilities while deepening its regional presence in Jackson, Wyoming.

Cerity Partners, an independent U.S. wealth management firm, merged with Austin Private Wealth, a fiduciary registered investment adviser with about $1.4 billion in assets under management headquartered in Austin. The deal expands Cerity Partners’ presence in the Austin market, and Austin Private Wealth will operate under the Cerity Partners name following the merger. Republic served as exclusive investment banking advisor to Austin Private Wealth on the transaction.

Wealthspire announced that its Ground Control Business Management unit acquired Los Angeles-based Ceres Financial Management, LLC to expand its business management presence in Southern California. Ceres will be integrated into Ground Control’s operations and brand, and Ceres founder Craig Shenkler will join Ground Control as a managing director reporting to CEO Chris Bucci.

EP Wealth Advisors, a fee-only registered investment advisor, announced a partnership with (acquisition of) Capital Insight Partners, LLC, a Scottsdale, Arizona-based wealth management firm with more than $730 million in AUM. As part of the transaction, nine team members from Capital Insight Partners will join EP Wealth, including co-founder Susan Anastasiadis as Senior Vice President. Financial and legal terms were not disclosed.

MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc., completed its acquisition of PineBridge Investments from Pacific Century Group. The combination creates a diversified global asset manager with $734.7 billion in assets under management on a pro forma basis as of September 30, 2025, and the deal excludes PineBridge's private equity funds group and its China joint venture.

Mariner acquired registered investment advisors First National Advisors (Rockland, Massachusetts) and Strava Wealth (Pittsburgh, Pennsylvania) in two transactions that together add about $1.8 billion in assets under advisement. The deals expand Mariner’s presence in Greater Boston and western Pennsylvania while bringing both advisory teams onto Mariner’s platform; the First National Advisors deal closed January 2, 2026 and the Strava Wealth deal closed December 31, 2025.

Commerce Bancshares, Inc., the parent of Commerce Bank, completed its previously announced acquisition of FineMark Holdings, Inc., the parent of FineMark National Bank & Trust. Following closing, FineMark National Bank & Trust merged into Commerce Bank, with FineMark operating as FineMark Bank & Trust, a division of Commerce Bank, expanding Commerce’s private banking and wealth management footprint in Florida and adding locations in Arizona and South Carolina.

Ferguson Wellman Capital Management, an independent investment firm based in Portland, Oregon, acquired Great Northern Asset Management effective January 1, 2026. Great Northern, a Vancouver, Washington-based asset manager with about $229 million in assets under management, will continue operating from its downtown Vancouver office, expanding Ferguson Wellman’s Washington presence alongside its Bellevue office.

Mid Penn Bancorp, Inc., parent of Mid Penn Bank, completed its acquisition of Cumberland Advisors, Inc. on January 1, 2026. Sarasota, Florida-based Cumberland is a registered investment advisory firm with approximately $3.2 billion in assets under management as of December 31, 2025, and now operates as Cumberland Advisors, LLC following a merger into a newly formed Mid Penn acquisition subsidiary. Financial terms were not disclosed.

Apella Wealth announced that PBMares Wealth Management, LLC—the wealth management division of PBMares LLP—has joined Apella, expanding Apella’s presence in the Mid-Atlantic and adding advisory talent and planning resources. The transaction closed on December 31, 2025, and Apella said it is approaching $10 billion in assets under management following the deal. Wealth Partners Capital Group, which invested in Apella in 2021, continues to support Apella’s acquisition strategy.

Beacon Pointe Advisors and iM Global Partner entered into a definitive agreement for Litman Gregory Wealth Management, a $2.7 billion registered investment adviser, to join Beacon Pointe, with the deal closing on December 31, 2025. Litman Gregory is headquartered in Larkspur and Walnut Creek, California, and has an additional office in St. Louis, Missouri; the combination expands Beacon Pointe’s footprint in Northern California and establishes presence in Missouri.

EP Wealth Advisors acquired Clearview Wealth Advisors, LLC, a planning-focused registered investment advisory firm serving clients across the Pacific Northwest and the Phoenix metropolitan area. The transaction adds nearly $218 million in assets under management and integrates the Clearview team—led by Michael and Corbin Coursey—into EP Wealth’s Phoenix region. Financial and legal terms were not disclosed; EP Wealth is financially supported by Berkshire Partners and Ares Management.

Mercer Global Advisors, Inc., doing business as Mercer Advisors, acquired McConnell Financial Advisors, a boutique financial planning and investment management firm with approximately $130 million in assets under management. McConnell Financial Advisors is based in Boise, Idaho and has a growing client base in Sun Valley; the deal expands Mercer Advisors’ footprint in Idaho and supports its broader growth across the Mountain West, including its Women & Wealth initiatives.

Integrated Partners announced that Morrison Nordmann Wealth Management has joined its national financial planning and registered investment advisory platform. The Lansing, Michigan-based firm brings approximately $200 million in client assets and is expected to help deepen planning capabilities and support growth into more complex, higher-net-worth client relationships.

Wealth Enhancement acquired Spectrum Wealth Management, an independent registered investment advisor based in Irvine, California, along with its affiliated CPA tax practice, Putman Group. The transaction expands Wealth Enhancement’s integrated wealth management and tax planning capabilities and increases its total client assets to more than $131.2 billion. The acquisition closed on December 15, 2025.

MAI Capital Management acquired Lowe Wealth Advisors, a Columbia, Maryland-based registered investment advisor with $527 million in assets under management. The deal expands MAI’s presence across Maryland and the broader Mid-Atlantic region; financial terms were not disclosed.

Procyon, an independent registered investment advisory firm headquartered in Shelton, Connecticut, acquired OLV Investment Group, a wealth management firm with locations in Michigan and Texas. The transaction adds approximately $500 million in assets under management, expands Procyon’s geographic reach into the Midwest and South, and brings OLV’s advisors and staff onto Procyon’s platform. Following the deal, Procyon’s total AUM rises to nearly $9 billion and headcount to almost 80.

Mercer Global Advisors, Inc. (Mercer Advisors) acquired Glass Jacobson Wealth Advisors, a Maryland-based wealth management firm with approximately $1 billion in assets under management. The deal expands Mercer Advisors’ Mid-Atlantic presence across the Baltimore and Washington, D.C. corridor and adds Glass Jacobson’s tax- and accounting-integrated advisory capabilities to Mercer’s national platform; financial terms were not disclosed.

Concurrent Investment Advisors completed the full acquisition of Next Retirement Solutions, marking Concurrent’s first full acquisition since breaking away from Raymond James in 2023. The deal is intended to expand Concurrent’s retirement plan services across its network and provide Next’s roughly 150,000 plan participants with access to wealth advisory offerings.

MCF Advisors LLC, a Kentucky-based registered investment adviser, acquired Accredited Wealth Management LLC, a Louisville-based fee-only RIA with $178 million in assets under management. The deal expands MCF’s presence in Louisville and adds financial planning and investment management capabilities, bringing MCF’s total AUM to approximately $3.9 billion. The acquisition is MCF’s first transaction since taking an equity investment from Wealth Partners Capital Group and HGGC’s Aspire Holdings platform; financial terms were not disclosed.

Creative Planning, a registered investment advisor headquartered in Overland Park, Kansas, acquired Marshall Financial Group, an established RIA based in Doylestown, Pennsylvania. The deal adds more than $900 million in assets under management and 19 employees to Creative Planning, strengthening its Mid-Atlantic presence.

Mercer Global Advisors, Inc. (Mercer Advisors) acquired Thompson Advisory Services, a Portland, Oregon-based registered investment adviser managing about $260 million in client assets. The deal expands Mercer Advisors’ presence in the Pacific Northwest/Portland market and brings Thompson Advisory’s four-person, planning-first wealth management team into Mercer’s national platform.

Earned acquired OJM Group, an Ohio-based registered investment adviser and financial planning firm focused on physicians and high-net-worth clients. The transaction adds nearly $1 billion in assets under management to Earned Wealth Advisors and further expands Earned’s national wealth management platform.

Waverly Advisors, LLC acquired certain business lines from Chicago-based Promus Holdings, LLC and its subsidiaries, strengthening Waverly’s alternatives platform and multi-family office capabilities focused on private equity and real estate. As part of the transaction, Waverly formed a new subsidiary, Promus Capital Management, to continue the acquired Promus Access and Promus Realty strategies. Financial terms were not disclosed, and the deal added approximately $3.1 billion of AUM (as of June 30, 2025) and brought Waverly’s total AUM to about $29.5 billion as of November 14, 2025.

Osaic expanded its wealth management advisor network with the addition of two independent advisory firms: True Wealth Advisors and Soundview Financial Group. True Wealth Advisors (headquartered in Englewood, Colorado) joined from LPL Financial, while Soundview Financial Group (based in Tacoma, Washington) joined from Commonwealth, as both firms seek to leverage Osaic’s platform, technology, and support capabilities.

Rithm Capital completed its acquisition of Crestline Management to expand its global alternative asset management platform and broaden its investment strategies for institutional and private wealth clients. The addition of Crestline (alongside previously acquired Sculptor) increases Rithm’s scale to more than 200 investment professionals overseeing about $102 billion in investable assets.

Wealth Enhancement, a national independent wealth management firm, acquired L.M. Kohn & Company, a Cincinnati-based hybrid RIA overseeing more than $2.2 billion in client assets. The deal, which closed on December 6, 2025, adds 23 employees and expands Wealth Enhancement’s presence across the Midwest and South, bringing total client assets to more than $131 billion. ECHELON Partners served as exclusive financial advisor to L.M. Kohn & Company.

Summit Financial made a minority investment in Ivy Wealth Management, a Northeast-based registered investment advisor overseeing more than $500 million in client assets. The partnership expands Summit’s national RIA network and strengthens its presence in the Northeast while allowing Ivy to retain operational control and gain access to capital, technology, and investment management resources.

Waverly Advisors, LLC, a federally registered investment adviser, acquired Forefront Wealth Management, a Malvern, Pennsylvania-based wealth management firm, to expand Waverly’s Mid-Atlantic presence. Forefront’s entire team, including CEO/CIO Carl Schultz (joining Waverly as a Partner and Wealth Advisor), will join Waverly, adding approximately $257 million in assets under management (as of June 30, 2025). The transaction closed on December 5, 2025; financial and legal terms were not disclosed.

Creative Planning, a registered investment advisor headquartered in Overland Park, Kansas, acquired Burt Wealth Advisors, an established RIA based in North Bethesda, Maryland. The transaction adds approximately $1 billion in assets under management to Creative Planning and represents its 15th acquisition in the past two years.

Sequoia Financial Group, LLC, an SEC-registered wealth manager headquartered in Akron, Ohio, acquired Sterling Financial Group, Inc., an independent investment advisory firm based in Pasadena, California. The transaction adds Sterling’s roughly $406 million in assets under management, seven-person advisory team, and about 200 clients to Sequoia’s national wealth management platform; terms were not disclosed. Sterling Financial’s Michael Hatch and Kody Brown became equity owners in Sequoia as part of the deal.

Allworth Financial, a national registered investment adviser, acquired FSA Wealth Management, a Needham, Massachusetts-based fiduciary advisory firm with $460 million in assets under management. FSA’s six-person team, including managing partners Gavin Morrissey and Simon Heslop, will join Allworth and relocate to Allworth’s existing Waltham, Massachusetts office to deepen Allworth’s up-market wealth planning capabilities in Greater Boston.

Wealth Enhancement acquired FPG Private Wealth, a hybrid RIA overseeing more than $532 million in client assets and operating in Carmel and Lafayette, Indiana. The deal expands Wealth Enhancement’s presence in the Midwest—its first office location in the greater Indianapolis market—and increases the firm’s total client assets to more than $127.8 billion. FPG Private Wealth was formerly affiliated with Financial Partners Group and the transaction closed on November 30, 2025.

Cambridge Investment Research acquired Dempsey Lord Smith, bringing the independent financial services firm into Cambridge as a wholly owned subsidiary. The transaction is intended to accelerate advisor growth by giving Dempsey Lord Smith’s advisors access to Cambridge’s scale, technology, and operational infrastructure, and shifts Dempsey Lord Smith away from operating its own broker-dealer.

Citizens Financial Group expanded its Citizens Private Wealth business by acquiring Bradley Wealth Partners, a Newport Beach-based advisory group. Bradley Wealth Partners previously managed about $880 million in client assets and will help Citizens deepen its wealth management presence across Southern California.

LPL Financial Holdings Inc. acquired a minority ownership stake in Private Advisor Group, expanding its long-standing relationship with the independent wealth management firm. The transaction adds LPL as a minority owner alongside Merchant Investment Management and six legacy shareholders, while Private Advisor Group continues to operate independently under its existing brand.

Beacon Pointe Advisors acquired Hemington Wealth Management, a female-founded registered investment advisory firm with approximately $1.2 billion in assets under management and offices in Falls Church, Virginia and Chicago, Illinois. The transaction closed on November 15, 2025 and increases Beacon Pointe’s assets under advisement to about $55 billion, expanding its national footprint and women-led wealth management focus.

Carson Group acquired Ohio-based registered investment advisor Total Wealth Planning, a 19-person team overseeing about $1.45 billion in assets under management. The Cincinnati-area team will rebrand as Carson Wealth and become Carson Group’s 34th wholly owned office, expanding the firm’s Midwest presence and entry into the Indianapolis market. Echelon Partners served as exclusive M&A advisor to Total Wealth Planning.

Merit Financial Advisors, a national wealth management firm based in Atlanta, acquired Blueprint Wealth Advisors, LLC, a Midwest wealth manager with offices in Illinois and Wisconsin. The deal adds approximately $1.2 billion in client assets and expands Merit’s presence in the Chicago market; Blueprint managing partners Ryan Evans and Nick Wilkins will join Merit as Regional Directors and Partners. FP Transitions advised on the transaction, which closed on November 14, 2025; financial terms were not disclosed.

The Mather Group (TMG), a Chicago-headquartered wealth management firm, announced a partnership with Napa Wealth Management (NWM), a Napa Valley-based registered investment advisor with just under $300 million in AUM. Napa Wealth Management’s six-person team will join TMG, expanding TMG’s presence in Northern California and enhancing its planning-led, fiduciary wealth management offering.

MAI Capital Management, a registered investment advisor, acquired Court Place Advisors, LLC, an Ellicott City, Maryland-based RIA with $366 million in assets under management. The deal expands MAI’s Mid-Atlantic footprint and adds Court Place’s team to MAI, with Court Place adopting MAI’s brand identity. Terms were not disclosed, and the transaction became effective November 14, 2025.

United Capital Financial Advisors acquired Apexium Financial LP to expand its national presence and strengthen its financial planning-led wealth management platform. The deal adds more than $4 billion in assets under management and brings Apexium’s team of wealth management professionals operating across the Northeast, Mid-Atlantic, and Southwest.

OneDigital Investment Advisors LLC, a wholly owned subsidiary of OneDigital, acquired Signature Wealth Management Group (SWMG), an Atlanta-based retirement and wealth management firm. The deal expands OneDigital’s financial services presence in the U.S. South and strengthens its Atlanta operation; SWMG’s team will join OneDigital’s Atlanta office while continuing to serve nearly 2,000 accounts.

World Investment Advisors acquired TCG Wealth Management, a Nashua, New Hampshire-based wealth management firm overseeing approximately $140 million in client assets. TCG will join Boston Harbor Wealth Advisors, a branch of World Investment Advisors, expanding World’s presence and advisor network across New England. TCG will retain its brand while gaining access to World’s investment platform, technology resources, and operational support.

Wealth Enhancement, a national independent wealth management firm, acquired/partnered with Guidance Wealth, an independent registered investment advisor (RIA) based in Elkhart, Indiana. Guidance Wealth oversees more than $165 million in client assets, and the transaction brings Wealth Enhancement’s total client assets to more than $125.1 billion. The acquisition closed on October 31, 2025.

Bluespring Wealth Partners acquired Signature Wealth, a Pittsburgh-based registered investment advisor with approximately $1.41 billion in client assets. The deal expands Bluespring’s national network of independent RIAs and provides Signature Wealth with additional operational infrastructure and technology support while maintaining its local leadership and brand.

MAI Capital Management completed its strategic acquisition of Los Angeles-based registered investment adviser Evoke Advisors, creating a national RIA platform with more than $65 billion in assets under management and roughly 600 employees across 34 offices. Evoke joined MAI effective October 31, 2025; deal terms were not disclosed.

Waverly Advisors, LLC acquired Seattle-based Pacific Portfolio Consulting, LLC and Pacific Portfolio Trust Company (together, Pacific Portfolio), expanding Waverly’s presence into the Pacific Northwest and adding trust capabilities. The deals closed in two steps: Pacific Portfolio Consulting on September 26, 2025 and Pacific Portfolio Trust Company on October 31, 2025. Financial terms were not disclosed; the acquisition adds approximately $5 billion in AUM to Waverly.

Mariner, a national financial services firm, acquired Defined Financial Planning, a San Rafael, California-based registered investment adviser with approximately $164 million in assets under advisement. The deal closed on October 31, 2025, and Defined Financial Planning adopted the Mariner name and branding while continuing to operate from its existing San Rafael office.

Merit Financial Advisors acquired Mennenga Tax & Financial, a Madison, Wisconsin-based wealth management and tax planning firm, adding approximately $715 million in client assets and expanding Merit's tax and holistic planning capabilities. Founder Marshall Mennenga and more than 35 employees (including 20 Enrolled Agents) will join Merit. The deal closed on October 31, 2025, with FP Transitions advising; financial terms were not disclosed.

Wealth Enhancement, an independent wealth management firm headquartered in Minneapolis, acquired Wise Wealth, an independent registered investment advisor (RIA) based in Missouri with offices in Lee's Summit, Rolla, and Liberty. Founded in 2007, Wise Wealth manages over $464 million in client assets and will operate as “The GSEL Team at Wealth Enhancement.” The transaction closed on October 31, 2025, and Wise Wealth was advised by Hue Partners.

Waverly Advisors, LLC acquired Bridge Creek Capital Management, a Cape Cod, Massachusetts-based wealth management firm founded by Barry Paster and led with partner Scott Myers. The entire Bridge Creek team will join Waverly, adding approximately $447 million in assets under management and strengthening Waverly’s Northeast footprint; the transaction closed on October 31, 2025. The deal is Waverly’s 27th transaction since its December 2021 equity investment from Wealth Partners Capital Group and HGGC’s Aspire Holdings platform, and financial terms were not disclosed.

MAI Capital Management, a registered investment advisor, acquired Liberty Private Client, LLC, a Fort Myers, Florida-based RIA managing approximately $245 million in client assets. The acquisition expands MAI’s presence in Florida and the broader Southeast/East Coast, with Liberty’s full team transitioning to MAI; financial terms were not disclosed. Liberty Private Client joined MAI effective October 24, 2025.

&Partners announced that Mannen Financial Group has joined the firm as its 100th advisor practice. The addition increases &Partners’ scale to roughly $50 billion in pre-hire assets and $350 million in revenue, further expanding its hybrid broker-dealer and RIA platform in the United States.

AlphaCore Wealth Advisory announced it is acquiring SPC Financial, a Rockville, Maryland-based wealth advisory and tax-services firm. The transaction adds approximately $1.5 billion in client assets and nearly 40 professionals, expanding AlphaCore’s East Coast (Mid-Atlantic) presence and strengthening its in-house tax-planning capabilities. Post-close, the combined firm is expected to have over $8.5 billion in client assets and more than 100 employees.

Rise Growth Partners made a non-controlling minority investment in Krilogy, a St. Louis-based registered investment advisor (RIA) managing about $4.0–$4.1 billion in client assets. The long-term partnership is intended to support Krilogy’s growth initiatives, including technology investment, advisor coaching and development, geographic expansion, and advisor succession planning while preserving the firm’s independence and culture.

Tri Star Sports & Entertainment Group announced it has acquired The LRW Group, a Miami-based business management firm serving Fortune 500 clients and high-profile entertainment and music figures. The acquisition expands Tri Star’s East Coast presence and strengthens its capabilities in private wealth, financial strategy, and business management, with LRW founder Lahteefah “Lah” Parramore joining Tri Star as Chief Growth Officer.

Rothschild Wealth Partners, a Chicago-based registered investment advisor and broker-dealer, announced it has acquired Siligmueller & Norvid Wealth Advisors, LLC (SNWA), an independent advisory firm based in Glen Ellyn, Illinois. SNWA manages approximately $300 million in client assets, and the deal supports Rothschild Wealth Partners’ growth strategy of partnering with fiduciary-focused advisory businesses and expanding its Chicago-area presence.