Wealth Management Acquisitions in Massachusetts

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.

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.

Aspen Standard Wealth has acquired MG Financial, a Braintree, Massachusetts–based registered investment advisor with $1.1 billion in assets under management. The deal is the fourth acquisition for Aspen since launching in late 2024 and expands its permanent-platform model that preserves acquired RIAs’ identities while supporting growth.

Forge Global Holdings, Inc. completed its acquisition of Accuidity Capital Management in a simultaneous sign-and-close transaction. The deal (approximately $10.0 million cash plus 1.15 million newly issued Forge shares, with potential earn-out shares) expands Forge's investment management and wealth capabilities by integrating Accuidity's private-market strategies, funds and sourcing ecosystem into Forge's platform.

Arthur J. Gallagher & Co. has acquired Waltham, Massachusetts-based Agilis Partners LLC, a retirement plan and investment consulting firm with offices in greater Boston, New York and Denver. The acquisition will enhance Gallagher's retirement plan and investment consulting capabilities; terms were not disclosed and Agilis leadership will remain in place.

CW Advisors (CWA) acquired Aspire Wealth Management (Waltham, MA) and Fernwood Investment Management (Quincy, MA), adding more than $800 million of AUM to the CWA platform. The deals closed in January 2025 and expand CWA's Boston-area footprint; terms were not disclosed and Fernwood was represented by Surfside Capital.

Cerity Partners, an independent U.S. wealth management firm, is merging with Boston-based Prio Wealth; Prio will operate under the Cerity Partners name and add $4.1 billion in AUM. The deal expands Cerity Partners' wealth advisory capabilities and strengthens its presence in the Boston metropolitan market.

CAPTRUST Financial Advisors has acquired Boston Financial Management, adding nearly $5 billion of client assets and 45 colleagues across Boston, Cape Cod (Massachusetts) and Portland (Maine). As part of the transaction BFM founder Richard H. Morse will retire; Berkshire Global Advisors served as BFM's financial advisor.

Hightower Holding will acquire a majority interest in NEPC, LLC, combining NEPC's institutional investment consulting and OCIO capabilities with Hightower Advisors to expand services for private wealth clients. NEPC will retain its culture and executive team while the combined organization aims to broaden access to institutional-quality investment solutions across Hightower's advisor network.

Dakota Wealth Management has acquired C2C Wealth Management, LLC, an SEC-registered investment adviser based in Mansfield, Massachusetts that manages approximately $350 million in client assets (and advises on an additional $550 million). Founder Louis Delle Valle and client services associate Carol Donnelly will join Dakota; the deal creates Dakota's third Massachusetts office and expands the firm's national footprint to 14 offices across nine states.

Franklin Resources, Inc. (operating as Franklin Templeton) completed its acquisition of Putnam Investments from Great-West Lifeco on January 1, 2024. The deal brings complementary asset-management capabilities and increases Franklin Templeton's retirement and insurance-related AUM, while Great-West becomes a long-term shareholder in Franklin Resources.

Carson Group has acquired Northface Capital Holdings, LLC, a Waltham, Massachusetts-based financial planning and wealth management firm with $200 million in assets under management. The Northface team — now led by Chris Tobey — sold its ownership to Carson and the office will transition to a wholly owned Carson Wealth location to provide continuity, succession planning and support for future growth.

Creative Planning LLC has acquired Ferris Capital, LLC, a Massachusetts-based registered investment adviser with $755 million in assets under management. The deal expands Creative Planning's footprint into the Massachusetts market and brings Ferris Capital's advisory team and wealth-planning capabilities into Creative's platform, which manages or advises on over $225 billion in assets.

Integrity Marketing Group, an omnichannel insurtech leader based in Dallas, acquired First American Insurance Underwriters, a Boston-area insurance services and wealth management advisory firm that serves high-net-worth clients. The deal brings First American's advisory expertise and carrier relationships into Integrity's insurtech platform to expand capabilities and support accelerated growth; financial terms were not disclosed.

Cerity Partners has merged with Boston-based Daintree Advisors, combining Daintree’s New England wealth management practice into Cerity’s national platform and operating under the Cerity Partners name. The transaction deepens Cerity’s East Coast presence and expands its wealth management, tax and financial planning capabilities.

HUB International Limited acquired the assets of Epstein Financial Services LLC and Epstein Financial Group LLC, an East Longmeadow, Massachusetts-based independent Registered Investment Advisor. Terms were not disclosed; Charlie Epstein, Principal and Founder, will join Hub Retirement and Private Wealth as the deal expands HUB's retirement and wealth management capabilities.

Cerity Partners announced it has welcomed Boston-based Bainco International Investors into its firm, expanding Cerity's presence in New England and adding approximately $1.1 billion in assets under management. The move brings Bainco's team and capabilities into Cerity's national independent financial advisory platform to enhance service offerings for high-net-worth clients.

Hub International Limited has acquired Alpha Pension Group, Inc., a Boston-based retirement consulting firm. The transaction (terms undisclosed) brings Alpha's investment analytics and fiduciary governance capabilities into Hub New England to strengthen Hub's retirement and wealth management services in the region; Alpha's President & CEO Rich Cawthorne and CFO Mark Salamone will join Hub New England.

Hub International Limited acquired the assets of Baystate Fiduciary Advisors, Inc., a Boston-based fiduciary advisory firm that manages approximately $2.9 billion in client assets. The deal strengthens Hub’s Retirement and Private Wealth capabilities in New England by adding Baystate’s talent and retirement plan advisory services; Baystate’s Managing Partner Gregg Andonian will join Hub RPW in the region.