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

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 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.

Parthenon Capital Acquires RSM US Wealth Management Practice and Renames It Choreo

February 22, 2022

Financial Services

Parthenon Capital, together with Choreo management and advisors, acquired RSM US Wealth Management LLC from RSM US LLP and renamed the business Choreo, LLC. The deal was designed to preserve the client-first, planning-centric approach while funding additional investment in people, technology, recruiting, and growth through organic expansion and acquisitions.

BDO USA, LLP Acquires Loughlin Management Partners + Co

July 30, 2019

Consulting

BDO USA, LLP has acquired Loughlin Management Partners + Co, a boutique advisory firm specializing in corporate restructuring, turnaround services, interim management, and operational value creation. The LM+Co team and affiliated LM+Co Capital professionals will join BDO and operate as BDO Consulting Group, LLC to expand BDO's turnaround, restructuring, and operational consulting capabilities.

BDO USA Acquires Blue Beyond Consulting

January 12, 2025

Professional Services

BDO USA, an accounting and advisory firm, announced the addition of Blue Beyond Consulting, integrating 48 professionals into BDO’s management consulting practice. The deal is subject to customary closing conditions and is expected to be completed on March 1, expanding BDO’s ability to combine human capital management with strategy, operations, and technology.

BDO USA, LLP Adds Lowery Asset Consulting, LLC

October 12, 2021

Professional Services

BDO USA, LLP announced the addition of eight professionals from Lowery Asset Consulting, LLC, a Chicago-based employee-owned investment consulting firm. The combination is expected to be completed on or about October 16, subject to customary closing conditions, and will expand BDO Wealth Advisors, LLC’s wealth and investment advisory capabilities.