CW Advisors Adds Agili Team ($1.2B AUM)
August 16, 2024
Boston-based registered investment advisor CW Advisors (CWA) has partnered with Agili, a fee-only financial planning and investment advisory firm, adding $1.2 billion of assets under management. Agili's offices in Richmond, Virginia and Bethlehem, Pennsylvania will remain open; Agili President Michael Joyce will become the combined firm's executive managing director and Mid-Atlantic leader. The terms were undisclosed; the deal is CWA's fourth and largest since partnering with Audax Private Equity in June 2023.
- Buyers
- CW Advisors, Audax Private Equity
- Targets
- Agili
- Platforms
- CW Advisors
- Industry
- Wealth Management
- Location
- Virginia, United States
- Transaction Type
- Addon
Explore More
Related Acquisitions
-
CW Advisors Acquires Mercadien Asset Management
July 18, 2024
Financial Services
CW Advisors (CWA), a Boston-based SEC-registered investment advisor, has acquired Mercadien Asset Management, an RIA based in Hamilton, New Jersey. Terms were not disclosed; the deal expands CWA's Mid-Atlantic footprint and is the third acquisition since CWA partnered with Audax Private Equity in June 2023.
-
CW Advisors Acquires Cubic Asset Management
June 30, 2024
Financial Services
Boston-based CW Advisors (CWA), a PE-backed registered investment advisor, has acquired Cubic Asset Management, an independent Boston-based account management firm, adding over $700 million of AUM to CWA. The deal is an add-on to CWA's platform (which is partnered with Audax Private Equity) and is intended to expand CWA's investment capabilities and client servicing for high-net-worth and ultra-high-net-worth clients.
-
Osaic Acquires CW Advisors
June 17, 2025
Financial Services
Osaic, a portfolio company of Reverence Capital Partners, has acquired Boston-based CW Advisors, a registered investment advisor managing roughly $13.5–14.5 billion in fee-only client assets. The deal (purchased from Audax Private Equity) expands Osaic’s scale and capabilities in the fee-only channel and high-net-worth / ultra-high-net-worth wealth management market while allowing CW Advisors to remain operationally independent.
-
CW Advisors Acquires Aspire Wealth Management and Fernwood Investment Management
February 3, 2025
Wealth Management
CW Advisors (CWA) acquired Aspire Wealth Management (Waltham, MA) and Fernwood Investment Management (Quincy, MA), adding more than $800 million of AUM to the CWA platform. The deals closed in January 2025 and expand CWA's Boston-area footprint; terms were not disclosed and Fernwood was represented by Surfside Capital.
-
CW Advisors Acquires Rovin Capital
February 5, 2026
Financial Services
Boston-based CW Advisors has acquired Rovin Capital, a fee-only RIA with offices in Lehi, Utah and Mesa, Arizona, adding $849 million in combined assets under management and advisement. The undisclosed-term deal expands CWA's footprint in the western United States — giving CWA its first Utah office and making Mesa its second Arizona location — and positions Rovin to lead regional growth efforts.
-
CW Advisors Acquires Capital Management Services and CHB Investment Group
September 3, 2025
Financial Services
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.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.