JPMorgan Chase Acquires WealthOS

J.P. Morgan Acquires OpenInvest

June 29, 2021

Financial Services

J.P. Morgan Asset & Wealth Management agreed to acquire OpenInvest, a fintech specialist in values-based (ESG) investing and impact reporting. OpenInvest will retain its brand and be integrated into J.P. Morgan's Private Bank and Wealth Management offerings; terms were not disclosed and the deal was expected to close in Q3 2021.

Objectway Acquires Nest Wealth

January 22, 2024

Payments & Fintech

Objectway, a global FinTech software and services provider, has acquired Nest Wealth, a Canadian digital wealth solutions provider. The acquisition expands Objectway's product capabilities in client onboarding and financial planning and accelerates its market presence across North America and EMEA.

Modern Wealth Management Acquires OFM Wealth

April 29, 2025

Wealth Management

Modern Wealth Management, a Crestview Partners-backed RIA platform, has signed an asset purchase agreement to acquire Chicago-area OFM Wealth, bringing Modern Wealth's AUM to over $7.5 billion. OFM Wealth's six-person team will join Modern Wealth's national platform to access centralized services and support as part of Modern Wealth's continuing roll-up strategy.

Aviva Acquires Succession Wealth for £385 Million

March 2, 2022

Financial Services

Aviva plc is acquiring Succession Wealth for £385 million to expand its advice capabilities and strengthen its presence in the growing UK wealth market. Succession Wealth will continue to operate as a separately regulated, independent financial advice firm under its existing management and brand.

Osaic Onboards Nova Wealth ($180M AUA)

November 29, 2024

Financial Services

Osaic, a national wealth management platform, announced that Nova Wealth, an independent wealth manager based in Buffalo, New York managing $180 million in client assets, has joined the Osaic network. The move expands Osaic's advisor network and adds Nova Wealth's retirement income distribution planning capabilities to Osaic's platform.

Neovest (J.P. Morgan) Acquires LayerOne Financial

March 6, 2024

Financial Services

Neovest, a subsidiary of JPMorgan Chase, has completed the acquisition of LayerOne Financial, the creator of the PortfolioOne investment management platform. The acquisition integrates LayerOne's portfolio, order and execution management capabilities into Neovest's modular investment platform to provide hedge funds with a unified, end-to-end solution.