Parthenon Capital and Management Acquire RSM US Wealth Management, Rebrand as Choreo

Choreo Acquires Enso Wealth Management

November 3, 2022

Wealth Management

Choreo, an independent registered investment adviser, has agreed to acquire Enso Wealth Management, a Petaluma, California-based RIA managing about $1.8 billion in client assets. The deal expands Choreo's West Coast footprint and increases its assets under management to approximately $13.5 billion; terms were not disclosed and the acquisition is expected to close before year-end.

Choreo Acquires Cherry Bekaert Wealth Management

November 16, 2022

Wealth Management

Choreo, LLC has entered into an agreement to acquire Cherry Bekaert Wealth Management LLC, a Southeast-based wealth management business with approximately $1 billion in assets under management and advisement. The deal includes a strategic partnership with Cherry Bekaert Advisory LLC, is expected to close by year-end (subject to customary conditions), and expands Choreo’s AUM to roughly $14.5 billion post-close.

Choreo, LLC Acquires BDO USA's Affiliated Wealth Management Business

October 31, 2023

Wealth Management

Choreo, LLC has acquired the affiliated wealth management business of BDO USA, a transaction that closed on October 31, 2023. The deal brings approximately $8.1 billion in assets under management or advisement and seven locations to Choreo, increasing the firm's total AUM/AUA to roughly $23.2 billion; terms were not disclosed.

Parthenon Capital Acquires Majority Stake in Titan Wealth

February 21, 2023

Wealth Management

Parthenon Capital has acquired a majority stake in Titan Wealth, partnering with the management team to support further organic growth, technology investment and future M&A. The transaction delivers a partial exit for Maven's UK Regional Buyout Fund (with a material return) while existing investors including funds managed by Ares and Maven remain committed to the business.

EP Wealth Advisors Acquires Rappaport Reiches Capital Management

July 26, 2025

Wealth Management

EP Wealth Advisors has entered a strategic partnership to bring Chicago-based Rappaport Reiches Capital Management (RRCM) into its platform, adding over $1.2 billion in assets under management and 15 team members. RRCM founders Shari Greco Reiches and David Rappaport will become partners and regional directors at EP Wealth as the firm deepens its Chicago presence and expands its planning-led capabilities.

Parthenon Capital Invests in MRO Corporation

October 28, 2019

Healthcare Services

Parthenon Capital has completed a growth investment in MRO Corporation, acquiring a meaningful ownership stake and providing capital to support accelerated growth. MRO, a KLAS-rated leader in release of information (ROI) and PHI disclosure management based in Norristown, Pennsylvania, will use the funding to expand its capabilities and service offerings for healthcare providers.