Recent Wealth Management Acquisitions

Acquisition Volume in Wealth Management by Year

Last 5 years

Acquisition volume by year Annual acquisition counts for the last 5 years for Recent Wealth Management Acquisitions. 89 2022 61 2023 104 2024 140 2025 ~198 est. 45 2026
Actual Full-year estimate

This page highlights recent transactions in the Wealth Management sector, including minority growth investments, platform integrations, management buyouts, full acquisitions and strategic mergers. Activity reflects both advisor‑led platform expansion and strategic investments by capital partners.

Buyers range from large advisory platforms and strategic investors—such as CAPTRUST Financial Advisors, Carson Group, Constellation Wealth Capital and Elevation Point—to management teams and regional consolidators. Recent deals span multiple U.S. regions, including Georgia, Texas, Arizona, Colorado, Oregon, California, Massachusetts and Maryland.

Common motives across transactions are succession and continuity planning, scale and capability expansion, and access to operational or custody infrastructure. Examples include platform joins with retained advisor ownership, minority growth investments to fuel acquisitions and capability integration like tax and business advisory services.

What Stands Out

  • Common transaction types: minority growth investments, advisor‑platform joins, management buyouts, full-office acquisitions and mergers (e.g., minority investments by Constellation Wealth Capital and Elevation Point; a management buyout at Aerodigm Wealth).
  • Active buyer mix: national platforms, regional consolidators and capital partners. Recurring buyers on the page include Wealth Enhancement Group, Mercer Global Advisors, Inc., Creative Planning LLC, EP Wealth Advisors, The Mather Group, LLC, GTCR, Modern Wealth Management, and RedBird Capital Partners.
  • Geographic spread: deals concentrate across multiple U.S. states, notably Georgia, Texas, Arizona, Colorado, Oregon, California, Massachusetts and Maryland.
  • Capability and continuity focus: transactions often add tax and business advisory services, custody/back‑office access, or leadership succession (examples include Evermay Wealth Management integrating a tax practice and Carson Group taking full ownership to support succession).
  • Buyer
    Arthur J. Gallagher & Co.
    Target
    Asset Partners Private Wealth Pty Ltd
    Location
    Queensland, Australia
    Type
    Buyout

    Arthur J. Gallagher & Co. announced the acquisition of Australia-based Asset Partners Private Wealth Pty Ltd. Terms were not disclosed. The acquired boutique wealth management firm will operate from its current location in Robina, Queensland, under the direction of Gallagher’s employee benefits and HR consulting head for Australia and New Zealand.

  • Buyer
    Carson Wealth (Carson Group)
    Target
    Furstenau Financial
    Type
    Addon

    Carson Wealth (Carson Group) announced that Furstenau Financial has joined as a wholly owned Carson Wealth office, expanding its footprint in Nebraska. Furstenau Financial’s advisory team, previously affiliated with LPL Financial, is bringing approximately $245 million in assets under advisement into Carson’s practitioner-led model.

  • Buyer
    Ty J. Young Wealth Management
    Target
    Senior Wealth Advisors
    Location
    United States
    Type
    Buyout

    Ty J. Young Wealth Management has acquired Cincinnati-based Senior Wealth Advisors to expand its presence in the Midwest. The deal integrates Senior Wealth Advisors into Ty J. Young’s national platform, giving Senior Wealth Advisors’ clients access to broader investment management, retirement planning, and insurance services.

  • Buyer
    Ashton Thomas Private Wealth
    Target
    Pinnacle Peak Private Client Group
    Seller
    Arax Investment Partners
    Type
    Addon

    Arax Investment Partners announced that Pinnacle Peak Private Client Group, a Scottsdale-based registered investment advisor with $460 million in assets under management, has joined Ashton Thomas Private Wealth. The Pinnacle Peak team will operate as the Pinnacle Peak Private Wealth Team within Ashton Thomas, adding six team members and expanding the firm’s footprint in the Southwest.

  • Buyer
    Carson Group
    Target
    ZeroCelsius Wealth Studio
    Type
    Addon

    Carson Group fully acquired ZeroCelsius Wealth Studio, bringing the advisory firm under Carson’s wholly owned platform as part of Carson’s national expansion. The acquisition follows Carson’s earlier partnership with ZeroCelsius in October 2023, when ZeroCelsius joined as a direct partner before transitioning to full ownership.

  • Buyer
    Emigrant Bancorp, Inc.
    Target
    Fortis Management Group LLC
    Location
    United States
    Type
    Buyout

    Emigrant Bancorp (parent of Emigrant Bank) entered into an agreement to acquire a majority interest in Fortis Management Group LLC, a Boston-area family office services firm serving ultra-high-net-worth individuals and families. The acquisition coincides with the launch of Emigrant Family Office, a new Emigrant Bank business unit providing non-investment family office capabilities to ultra-wealthy clients and registered investment advisors.

  • Buyer
    Merit Financial Advisors
    Target
    Yeomans Consulting Group, Inc.
    Type
    Buyout

    Merit Financial Advisors acquired Yeomans Consulting Group, a Marietta, Georgia wealth management firm with approximately $434 million in assets under management. The acquisition adds Yeomans’s advisory team and client service professionals, strengthening Merit’s presence in the Metro Atlanta market. The deal was finalized on March 6, 2026, and financial terms were not disclosed.

  • Buyer
    Cerity Partners
    Target
    Edge Financial Advisors, Running Point Capital Advisors
    Seller
    Hue Partners
    Location
    United States
    Type
    Addon

    Cerity Partners announced two mergers to expand its independent wealth management footprint, combining with Edge Financial Advisors in Wheaton, Illinois and Running Point Capital Advisors in El Segundo, California. The incoming teams will operate under the Cerity Partners name, with Cerity’s national platform and enhanced tax and estate planning capabilities added for clients.

  • Buyer
    Concurrent Investment Advisors
    Target
    Fehrman Investment Group, Charles Sacco, Katie Fehrman Edmonds, Dave Coleman, Amanda Adams, Ciliberti & Associates, Lindamood Financial Group, The Wealth Stewards
    Type
    Addon

    Concurrent Investment Advisors expanded its independent RIA platform by adding Fehrman Investment Group, a family-owned firm based in Augusta, Georgia, and three additional advisors from other practices. The additions contribute more than $450 million in combined assets under management, bringing Concurrent’s total AUM to about $17 billion.

  • Buyer
    Savant Wealth Management
    Target
    Grand Capital Advisors

    Savant Wealth Management partnered with Grand Capital Advisors, a Grand Blanc, Michigan registered investment advisor with about $127 million in assets under management, expanding Savant’s footprint in the Midwest. The partnership closed on February 28, 2026, with terms not disclosed, and Duetsch and Schiestel becoming member-owners in Savant.

  • Buyer
    Wealth Enhancement
    Target
    TFB Advisors (advisor team based in Overland Park, Kansas)
    Seller
    TFB Advisors
    Type
    Buyout

    Wealth Enhancement, an independent wealth management firm, acquired an advisor team from TFB Advisors based in Overland Park, Kansas. The team—operating as The Archer Team at Wealth Enhancement—manages more than $1.2 billion in client assets, and the acquisition closed on February 27, 2026.

  • Buyer
    MCF Advisors
    Target
    Wealth Planning Corporation
    Type
    Buyout

    MCF Advisors, a Kentucky-based registered investment adviser, acquired Cincinnati-based wealth management firm Wealth Planning Corporation, which oversees about $617 million in assets under management. The deal added a nine-person team to MCF, including President Todd Steinbrink and Vice President of Operations Angela Dietrich, and expanded MCF’s presence in the Greater Cincinnati market. The acquisition closed on February 27, 2026.

  • Buyer
    Constellation Wealth Capital
    Target
    BIP Wealth

    Atlanta-based registered investment advisor BIP Wealth has secured a strategic minority investment from Constellation Wealth Capital to support organic and inorganic growth, accelerate its acquisition strategy, and enhance its advisor support platform while maintaining independence. The capital partnership will help fuel future partnerships and acquisitions, particularly across the Southeast and other targeted growth markets.

  • Buyer
    Ascentis Wealth Management, Ascentis Holdings, LLC
    Target
    Kevin Gray's advisory practice (launching as Ascentis Family Wealth / previously Veracity Capital)
    Seller
    Kevin Gray, Veracity Capital
    Type
    Addon

    Ascentis Wealth Management (part of Ascentis Holdings) announced that Kevin Gray and his advisory practice are joining the Ascentis platform as Ascentis Family Wealth; Gray will take an equity stake in Ascentis Wealth Management. Once assets are transferred the practice will oversee about $250 million in AUM, with Advisory Services Network providing operations and compliance support to the arrangement.

  • Buyer
    Elevation Point
    Target
    Hampton Bluff Capital Partners

    Elevation Point has made a strategic minority (growth) investment in Hampton Bluff Capital Partners, a newly launched independent wealth management firm based in Atlanta, Georgia that oversees approximately $1.3 billion in client assets. The partnership gives Hampton Bluff access to Elevation Point's ecosystem — including custody, lending, capital-raising, investment banking and estate-planning tools — to support the team's transition from UBS Private Wealth Management to an independent RIA and to accelerate growth and capability expansion.

  • Buyer
    Carson Group
    Target
    Carson Wealth Scottsdale
    Seller
    Brent Pine, Mark Jones, Luke Pine, Torrey Pine
    Type
    Buyout

    Carson Group announced it has fully acquired its Carson Wealth office in Scottsdale, Arizona, bringing the previously minority‑held Carson Wealth Scottsdale practice under full ownership. The Scottsdale team, led by managing partner Brent Pine, oversees roughly $430 million in AUM and the deal is positioned primarily to support succession, leadership development and long‑term client continuity.

  • Buyer
    Mission Wealth Management, LP
    Target
    RightPath Investments & Financial Planning, Inc.
    Type
    Buyout

    Mission Wealth has merged with RightPath Investments & Financial Planning, a Colorado-based independent, fee-only wealth advisory firm founded by Steven R. Smith. As part of the integration Smith will join Mission Wealth as a Special Advisor and Megan Nuttelman will join as a Wealth Advisor; the deal expands Mission Wealth's footprint in Colorado and strengthens its retirement planning capabilities.

  • Buyer
    Aerodigm Wealth (management team)
    Target
    Delap Wealth Advisory LLC (wealth advisory business)
    Seller
    Delap LLP
    Type
    Buyout

    Aerodigm Wealth completed a management buyout of the wealth advisory business formerly known as Delap Wealth Advisory and relaunched as an independent, partner-owned advisor with approximately $1.5 billion in AUM. The transaction establishes Aerodigm as a Portland, Oregon–headquartered firm focused on tax-aware wealth advice, multigenerational planning, and continuity of leadership following the separation from Delap.

  • Buyer
    CAPTRUST Financial Advisors
    Target
    Alpha Cubed Investments (ACI)
    Type
    Buyout

    CAPTRUST Financial Advisors announced that Alpha Cubed Investments (ACI), a Southern California wealth management firm with approximately $3.8 billion in AUM, joined CAPTRUST in January 2026 and will adopt the CAPTRUST brand. The move expands CAPTRUST’s advisory presence in Southern California and adds ACI’s advisor team and capabilities to CAPTRUST’s platform.

  • Buyer
    Savvy Advisors Inc. (Savvy Wealth, Inc.)
    Target
    Colorado Wealth Group
    Type
    Addon

    Savvy Advisors Inc., a tech-enabled RIA platform affiliated with Savvy Wealth, announced the addition of Denver-based Colorado Wealth Group (CWG), bringing approximately $300 million in client assets. CWG’s eight-person team retains ownership of their book while gaining access to Savvy’s back-office infrastructure, AI-enabled tools and operational support as Savvy continues rapid advisor-led platform growth.

  • Buyer
    Cerity Partners
    Target
    Verus Investments
    Type
    Buyout

    Cerity Partners, an independent U.S. wealth and investment management firm, announced it will merge with institutional investment consulting and advisory firm Verus Investments. The combined organization will operate under the Cerity Partners brand and is expected to expand Cerity’s institutional research and advisory capabilities, with the deal slated to close at the end of Q1 2026 subject to regulatory approvals.

  • Buyer
    Bluespring Wealth Partners
    Target
    SHP Financial
    Type
    Addon

    Bluespring Wealth Partners has acquired Plymouth, Massachusetts-based financial planning firm SHP Financial, which oversees approximately $2.3 billion in assets. The deal brings SHP's ~50-person team and three Massachusetts offices into Bluespring's advisor platform, expanding the buyer's presence in New England.

  • Buyer
    Evermay Wealth Management
    Target
    Novotny, Larash, Venters & Wolf, LLC
    Type
    Buyout

    Evermay Wealth Management, a fee-only fiduciary RIA based in Arlington, Virginia, has merged with Novotny, Larash, Venters & Wolf (NLVW), a tax preparation and business advisory firm headquartered in Annapolis, Maryland. The deal brings roughly 25 NLVW professionals into Evermay (operating the tax practice as Evermay Tax LLC under Brandon Wolf, CPA, CFP) and expands Evermay’s capabilities to provide integrated wealth, tax, and business advisory services to NLVW’s ~1,000 clients.

  • Buyer
    Summit Wealth Group
    Target
    Premier Private Wealth
    Type
    Buyout

    Summit Wealth Group has merged with Premier Private Wealth, a Franklin/Nashville-area wealth management firm with $470 million in AUM, expanding Summit’s presence in Tennessee and lifting combined AUM to about $3 billion. The deal also launches Summit Wealth Group Family Office Services, with Premier CEO Michael Comstock joining Summit as Head of Family Office Services and leading the new Franklin office.

  • Buyer
    Arax Investment Partners
    Target
    GFP Private Wealth
    Type
    Buyout

    Arax Investment Partners acquired GFP Private Wealth, a Cleveland, Ohio-based registered investment adviser with $1.5 billion in assets under management. The deal is intended to expand Arax’s Midwest presence and support GFP’s next phase of growth by combining GFP’s high-net-worth planning and service capabilities with Arax’s broader infrastructure via Arax Advisory Partners.

  • Buyer
    Mission Wealth Management, LP
    Target
    PBL Wealth Management, LLC
    Type
    Buyout

    Mission Wealth Management, LP has merged with Austin-based PBL Wealth Management, LLC; PBL founder Adam Broughton joins Mission Wealth as a Partner and Senior Wealth Advisor. The deal expands Mission Wealth's presence in Texas and integrates PBL's tax-aware planning and educational resources into Mission Wealth's national RIA platform.

  • Buyer
    Merit Financial Advisors
    Target
    GlennCo, LLC
    Seller
    GlennCo, LLC, Glenn Cohen
    Type
    Buyout

    Merit Financial Advisors, an Atlanta-based wealth management firm, has acquired GlennCo, LLC, a Newtown, Pennsylvania-based wealth management practice overseeing approximately $208 million in assets; the transaction was finalized on February 6, 2026. The acquisition expands Merit’s footprint in Bucks County and establishes its seventh office in Pennsylvania; Glenn Cohen and his advisory team join Merit. Financial and legal terms were not disclosed.

  • Buyer
    EP Wealth Advisors
    Target
    LongView Asset Management
    Type
    Buyout

    EP Wealth Advisors has partnered with and acquired LongView Asset Management, a Santa Fe-based RIA, adding more than $390 million in AUM and expanding EP Wealth's presence in New Mexico. LongView founder David Cantor and seven team members will join EP Wealth, and the move is intended to broaden the firm's planning and advisory capabilities for LongView's clients.

  • Buyer
    OnePoint BFG Wealth Partners, Rise Growth Partners
    Target
    Voyage Wealth Architects
    Type
    Addon

    OnePoint BFG Wealth Partners has acquired Minneapolis-based Voyage Wealth Architects, a wealth management firm overseeing $700 million in AUM. The deal, supported by strategic capital partner Rise Growth Partners, expands OnePoint BFG's planning-led platform, broadens its Midwest presence and will transition Voyage to the OnePoint BFG brand over time.

  • Buyer
    Waverly Advisors, LLC
    Target
    Pure Portfolios
    Type
    Addon

    Waverly Advisors, a Birmingham-based registered investment adviser, has acquired Pure Portfolios, a Lake Oswego, Oregon wealth management firm, in a deal that closed January 30, 2026. The acquisition adds approximately $437 million of AUM to Waverly and expands the firm into a new Oregon market as part of its continued growth across the Pacific Northwest.

  • Buyer
    NorthRock Partners
    Target
    Martin & Associates
    Type
    Addon

    NorthRock Partners announced it has onboarded Illinois-based advisory firm Martin & Associates, a five-person team bringing approximately $500 million in assets under management, pushing NorthRock's AUM past $11 billion. The team, previously affiliated with Ameriprise Financial, will transition client relationships onto NorthRock’s Personal Office platform to deepen the firm’s presence in Illinois and expand its wealth management capabilities.

  • Buyer
    Corient
    Target
    Palo Alto Wealth Advisors
    Seller
    Palo Alto Wealth Advisors
    Type
    Buyout

    Corient has acquired the business of Palo Alto Wealth Advisors, a Palo Alto, California-based registered investment advisor with $766.7 million in assets under management. The deal brings the Palo Alto team into Corient, deepening Corient's West Coast and Silicon Valley presence and expanding its capabilities serving technology founders and entrepreneurs.

  • Buyer
    Elevation Point
    Target
    Forta Wealth Partners

    Elevation Point has made a minority growth investment in Forta Wealth Partners, enabling the Indianapolis-based advisory team to launch an independent RIA with access to custodial, technology, and capital resources. Forta, a trade name of Elevation Point Wealth Partners, brings more than $900 million in client assets carried over from its prior Merrill Lynch practice and will benefit from Elevation Point’s support and Goldman Sachs custody collaboration.

  • Buyer
    Elevation Point
    Target
    Harbor View Private Wealth

    Elevation Point has made a strategic minority (growth capital) investment in Harbor View Private Wealth, an Atlanta-area independent wealth management firm that oversees roughly $1.3 billion in client assets. The capital will support Harbor View’s move to independence and enable expansion of its holistic wealth planning services beyond traditional portfolio management.

  • Buyer
    Apollon Wealth Management
    Target
    Sage Advisors
    Type
    Addon

    Apollon Wealth Management has added Indiana-based registered investment adviser Sage Advisors to its national platform. The move expands Apollon's presence in the Midwest and gives Sage Advisors access to Apollon's operational capabilities while preserving the firm's client-first advisory model.

  • Buyer
    Merit Financial Advisors
    Target
    SSC Wealth LLC
    Seller
    SSC CPAs + Advisors
    Type
    Buyout

    Merit Financial Advisors has acquired SSC Wealth LLC, the wealth management division of SSC CPAs + Advisors, adding approximately $259.6 million in AUM and transferring the advisory business, assets, and four employees to Merit. The deal formalizes a strategic partnership between Merit and SSC CPAs + Advisors to deepen coordination between wealth management and advanced tax planning for high-net-worth clients and business owners.

  • Buyer
    Allworth Financial
    Target
    Grunden Financial Advisory
    Seller
    Grunden Financial Advisory (owners/partner advisors: Ricky Grunden, Sr.; Dave Ragan; Susy Thomas)
    Type
    Buyout

    Allworth Financial has acquired Grunden Financial Advisory, a Denton, Texas-based wealth management firm overseeing approximately $500 million in assets under management, adding offices in Denton and Addison and a six-person team. The Grunden partners will remain in place while gaining access to Allworth's centralized operations, compliance, technology, and broader investment, tax and estate planning capabilities as Allworth expands its North Texas footprint.

  • Buyer
    Generational Wealth
    Type
    Buyout

    Generational Wealth launched as a unified wealth management and financial planning firm after a merger tied to a joint $100 million acquisition, entering the market with over $900 million in assets under management and administration. Headquartered in North Palm Beach, Florida, the firm said it will combine fiduciary financial planning, an in-house investment team, and invest in technology and talent as it scales.

  • Buyer
    Beacon Pointe Advisors
    Target
    The Financial Advisors
    Seller
    The Financial Advisors
    Type
    Buyout

    Beacon Pointe Advisors has acquired The Financial Advisors, a $1.2 billion AUM registered investment adviser based in Andover and Newburyport, Massachusetts, closing on January 15, 2026. The 11-person, employee‑owned firm will expand Beacon Pointe’s New England footprint and broaden delivery of its allWEALTH services platform as Beacon Pointe grows its national AUA to roughly $62 billion.

  • Buyer
    Cerity Partners
    Target
    SOL Capital Management
    Type
    Buyout

    Cerity Partners has merged with SOL Capital Management, with SOL operating under the Cerity Partners name. The combination expands Cerity’s footprint in Maryland and the greater Washington, D.C. area and strengthens its investment and advisory capabilities for high- and ultra-high-net-worth clients; Houlihan Lokey advised SOL Capital and Nelson Mullins served as legal counsel.

  • Buyer
    Creative Planning, LLC
    Target
    Baseline Wealth Management
    Location
    Switzerland
    Type
    Buyout

    Creative Planning, a U.S.-based independent wealth management firm, has acquired Baseline Wealth Management, a Swiss RIA with offices in Geneva and Zurich. The deal adds 14 employees and more than $1 billion in AUM and represents Creative Planning's first international acquisition as it expands into Europe.

  • Buyer
    Carson Group
    Target
    Carson Wealth (Minneapolis office)
    Seller
    Minneapolis Carson Wealth practice (Jeremy Willner; co-leads Hayden Willner and Grant Fuchs)
    Type
    Buyout

    Carson Group has fully acquired its Carson Wealth practice in Minneapolis, buying the remaining ownership stake in the office led by Jeremy Willner. The deal (financial terms undisclosed) brings approximately $395 million in advisory and brokerage assets under Carson’s full ownership and is intended to support continuity, succession planning and accelerated growth in the Twin Cities market.

  • Buyer
    The Mather Group
    Target
    The Hogan-Knotts Financial Group
    Type
    Buyout

    The Mather Group, a Chicago-based fee-only registered investment advisory firm, has partnered with The Hogan-Knotts Financial Group of Red Bank, New Jersey, bringing the latter's ~$300 million AUM practice onto TMG's platform. The move expands TMG’s East Coast presence and adds planning and advisory resources as the Hogan-Knotts principals join the combined platform; financial terms were not disclosed.

  • Buyer
    Mercer Global Advisors, Inc. (Mercer Advisors)
    Target
    Poterack Capital Advisory
    Type
    Addon

    Mercer Global Advisors, Inc. (Mercer Advisors) has acquired Poterack Capital Advisory (PCA), a digital-first wealth management firm with approximately $265 million in client assets and a Jackson, Wyoming footprint. The deal expands Mercer’s virtual advisory capabilities and deepens its regional presence while giving the PCA team access to Mercer’s institutional investment, tax and family-office infrastructure.

  • Buyer
    Cerity Partners
    Target
    Austin Private Wealth
    Type
    Buyout

    Cerity Partners has merged with Austin Private Wealth, a fiduciary Registered Investment Adviser based in Austin, Texas. The combination expands Cerity's presence in the Austin market and brings Austin Private Wealth's clients and advisory capabilities onto Cerity's national wealth management platform; Republic Capital Group advised Austin Private Wealth.

  • Buyer
    CAPTRUST Financial Advisors
    Target
    Suncoast Prosperity Advisors
    Seller
    Suncoast Equity Management
    Type
    Addon

    CAPTRUST Financial Advisors announced that Suncoast Prosperity Advisors, a Tampa-based wealth management practice/division of Suncoast Equity Management, has joined CAPTRUST. Suncoast Prosperity Advisors, led by President Jeff Strouse and supported by eight professionals, manages approximately $830 million in assets and adds CAPTRUST a second Tampa office plus new locations in Sanibel, Florida and Highlands, North Carolina.

  • Buyer
    EP Wealth Advisors
    Target
    Clearview Wealth Advisors
    Type
    Addon

    EP Wealth Advisors has acquired Clearview Wealth Advisors, adding nearly $218 million in assets under management and bringing the father-and-son Clearview team into EP Wealth's Phoenix region. The Clearview advisors will integrate into EP Wealth's Phoenix advisory group to access expanded planning, tax and investment resources; financial terms were not disclosed.

  • Buyer
    Integrated Partners
    Target
    Morrison Nordmann Wealth Management
    Type
    Addon

    Integrated Partners has added Morrison Nordmann Wealth Management, a Lansing/East Lansing, Michigan-based advisory firm bringing approximately $200 million in client assets onto its RIA platform. The move expands Integrated Partners' presence in Michigan and provides Morrison Nordmann access to the platform's planning, operational and advisor support resources to support growth and serve higher-net-worth clients.

  • Buyer
    Mercer Global Advisors, Inc. (Mercer Advisors)
    Target
    McConnell Financial Advisors
    Type
    Buyout

    Mercer Global Advisors (Mercer Advisors) has acquired McConnell Financial Advisors, a boutique Boise, Idaho-based financial planning firm with approximately $130 million in AUM. The deal expands Mercer’s presence across Boise and Sun Valley and bolsters its Women & Wealth-focused advisory capabilities while preserving McConnell’s relationship-driven planning approach.

  • Buyer
    Wealth Enhancement
    Target
    Spectrum Wealth Management, Putman Group
    Type
    Buyout

    Wealth Enhancement acquired Spectrum Wealth Management, an independent RIA based in Irvine, California, along with its affiliated tax practice Putman Group. The deal expands Wealth Enhancement’s integrated wealth management and tax planning capabilities and increases its presence in California, bringing the firm’s total client assets to more than $131.2 billion.

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Frequently Asked Questions

What types of wealth management transactions are shown?

Transactions include minority growth investments, advisor platform joins, full‑office acquisitions, management buyouts and mergers. Examples on the page: a minority investment in BIP Wealth by Constellation Wealth Capital, a management buyout forming Aerodigm Wealth, and platform integrations such as CAPTRUST acquiring Alpha Cubed Investments.

Who are the most active buyers in these deals?

Active buyers include national and regional advisory platforms, private capital partners and management teams. Recurring buyer names on the page include Wealth Enhancement Group, Mercer Global Advisors, Inc., Creative Planning LLC, EP Wealth Advisors, The Mather Group, LLC, GTCR, Modern Wealth Management, and RedBird Capital Partners.

Where are these transactions geographically concentrated?

Recent events are spread across the United States with notable activity in Georgia, Texas, Arizona, Colorado, Oregon, California, Massachusetts and Maryland.

How do these deals typically affect advisor teams and clients?

Deals often aim to preserve continuity and support growth—through equity stakes for joining advisors, platform operational/back‑office support, access to custody and lending, or expanded services such as tax and business advisory. Examples: advisor equity in the Ascentis arrangement, custody and estate‑planning tools via Elevation Point, and tax integration by Evermay Wealth Management.

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