Cardinal Point Wealth Management to Combine With GMG Private Counsel ULC (GAVIN Hockey Wealth Specialists) via CPWM Combination

Waverly Advisors Acquires GGM Wealth Advisors

March 25, 2025

Wealth Management

Waverly Advisors, a PE-backed registered investment adviser, has acquired Baltimore-based GGM Wealth Advisors, adding a team that manages over $400 million in AUM and expanding Waverly’s footprint into Maryland and Virginia. The deal closed March 21, 2025 and is an add-on to Waverly’s platform (backed by Wealth Partners Capital Group and HGGC), increasing the platform’s total AUM to roughly $16.9–17.4 billion.

Custom Portfolio Group (CPG) to Join Transform Wealth

September 28, 2024

Financial Services

Focus Financial Partners entered into a definitive agreement under which Custom Portfolio Group LLC (CPG) will formally join its partner firm, Transform Wealth LLC (Transform). The deal is expected to close in Q4 2024, subject to customary closing conditions, combining CPG’s wealth planning and investment management capabilities with Transform’s advisory platform.

Arthur J. Gallagher & Co. Acquires Wealth Management Partners Pty Ltd

January 10, 2025

Financial Services

Arthur J. Gallagher & Co. (Gallagher) has acquired Perth-based Wealth Management Partners Pty Ltd (WMP), a financial planning firm specializing in retirement plan risk management for individuals and corporate clients in Western Australia. The WMP leadership team will remain in place and integrate with Gallagher’s employee benefits and HR consulting operations in Australia; terms were not disclosed.

Lathrop GPM and Hopkins Carley Combine to Form a 360-Attorney National Law Firm

August 21, 2024

Professional Services

Lathrop GPM and Hopkins Carley announced a combination effective October 1, 2024. The combined firm will add Hopkins Carley’s San Jose and Redwood Shores offices and expand Lathrop GPM’s reach to a coast-to-coast footprint across 13 offices in eight states and Washington, D.C., with approximately 360 attorneys and about $250M in annual revenue.

Wealth Enhancement Group Acquires CJM Wealth Management

September 1, 2020

Financial Services

Wealth Enhancement Group, a Minneapolis-based independent wealth management firm overseeing roughly $19.4 billion in client assets, has acquired CJM Wealth Management, a Deer Park, New York registered investment adviser with about $440–446 million in client assets. The deal (closed Sept. 1, 2020) expands Wealth Enhancement Group’s presence in the New York metro (its third NY location and fifth in the Tri-State area); financial terms were not disclosed.

Creative Planning Acquires Goldman Sachs Personal Financial Management Business

August 28, 2023

Financial Services

Creative Planning, an independent Registered Investment Advisor, has agreed to acquire Goldman Sachs’ Personal Financial Management (PFM) unit. The deal — a divestiture by Goldman Sachs — moves PFM’s advisors and client relationships to Creative Planning and is expected to close in Q4 2023, while preserving access to Goldman Sachs Asset Management solutions through an expanded strategic relationship.