Edelman Financial Engines Acquires Align Wealth Management

Edelman Financial Engines Acquires Cahill Wealth Management

May 5, 2025

Financial Services

Edelman Financial Engines (EFE) has acquired Cahill Wealth Management, a Kalamazoo, Michigan-based registered investment advisor managing approximately $426 million for 125 clients. The deal expands EFE’s Midwest presence and deepens its capabilities serving executives in the pharmaceutical and life sciences industries; Cahill will be fully integrated under the EFE brand.

Edelman Financial Engines Acquires PRW Wealth Management

November 16, 2023

Financial Services

Edelman Financial Engines (EFE) has acquired PRW Wealth Management, a Quincy, Massachusetts–based Registered Investment Advisor managing over $500 million in AUM for roughly 200 clients. The deal expands EFE’s wealth planning capabilities and local presence in the greater Boston area as part of the firm’s ongoing acquisition-driven growth strategy.

Edelman Financial Engines Acquires Erman Retirement Advisory

December 12, 2022

Financial Services

Edelman Financial Engines acquired Erman Retirement Advisory, a Seal Beach, California-based registered investment advisor, in a transaction that closed on December 12, 2022. The deal expands Edelman Financial Engines' nationwide advisor network and California presence while adding Erman's retirement-planning capabilities and roughly $210 million in client assets.

Edelman Financial Engines Acquires Soundmark Wealth Management

May 13, 2024

Wealth Management

Edelman Financial Engines has acquired Soundmark Wealth Management, a Kirkland, Washington-based registered investment advisory firm managing approximately $453 million in client assets. The deal expands Edelman’s planner capacity and presence in the Pacific Northwest while integrating Soundmark’s team and expertise serving medical and technology professionals and small business owners.

Edelman Financial Engines Acquires Herrmann & Cooke Wealth Management

October 5, 2022

Financial Services

Edelman Financial Engines has acquired Herrmann & Cooke Wealth Management, a fiduciary Registered Investment Advisor based in Danville, California that manages approximately $490 million for ~600 clients. The acquisition expands Edelman Financial Engines' wealth planning and advisor network in Northern California and adds capacity to support growing client demand in the region.

EP Wealth Advisors Acquires Executive Wealth Management

January 7, 2025

Wealth Management

EP Wealth Advisors has acquired Executive Wealth Management, adding approximately $1.6 billion in AUM and establishing EP Wealth's first offices in Michigan. The transaction, finalized in December 2024, brings nearly 50 EWM team members into EP Wealth and increases the firm's total AUM to over $31 billion.