Tracked deals
16
16 tracked deals across 2019-2026.
Wealth Management Buyers & Acquisitions in Michigan
Buyer mix
Strategic-led
14 strategic · 2 pe
Top trend
Volume peaked in 2025
8 tracked deals announced in 2025.
Primary Insight
What Stands Out
- RIA-to-platform consolidation is a consistent theme: buyers like Integrated Partners, Arax Investment Partners, and EP Wealth Advisors add firms to their networks or operating platforms.
- Geographic expansion centers on Michigan metro offices, including Ann Arbor, Auburn Hills, Dearborn, Lansing/East Lansing, Traverse City, Marquette, Grand Blanc, Northville, and Kalamazoo.
- Scale varies widely across targets, from multi-family office and trust capabilities (e.g., The Connable Office) to RIAs with substantial AUM and client counts (e.g., TFG Advisors).
- Succession planning and advisor/team retention appear explicitly in multiple deals, including TFG Advisors joining Credent and EP Wealth Advisors adding nearly 50 team members.
- Bank-led wealth management moves also show up, such as West Shore Bank acquiring the wealth management business of Auto Club Trust, FSB.
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Top Buyers
Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.
| Buyer | # Deals | Focus | Type |
|---|---|---|---|
| Integrated Partners | 2 | National registered investment advisor and financial plan... | Strategic |
| Adviser Investments, LLC | 1 | Independent, fiduciary wealth advisor providing customize... | Strategic |
| Allworth Financial | 1 | Independent investment advisory and wealth management fir... | Strategic |
| Arax Investment Partners | 1 | Buy-and-build wealth and asset management platform that p... | PE |
| Carson Group | 1 | Wealth advisory firm and partnership network (Carson Weal... | Strategic |
| Credent Wealth Management (CX Institutional, LLC) | 1 | Fee-only, partner-owned Registered Investment Advisor off... | Strategic |
| Cresset Asset Management | 1 | Independent multi-family office and private wealth manage... | Strategic |
| EP Wealth Advisors | 1 | Fee-only registered investment adviser (RIA) providing fi... | Strategic (PE-backed) |
| Elevation Point | 1 | Wealth-management growth accelerator that takes minority ... | PE |
| Mariner Wealth Advisors | 1 | National wealth advisory firm providing comprehensive wea... | Strategic |
Acquisition Volume in Wealth Management in Michigan by Year
Last 6 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
March 31, 2026
- Buyer
- Wealth Enhancement
- Target
- Parros Financial Group
- Industry
- Wealth Management
- Location
- Michigan, United States
- Type
- Buyout
Wealth Enhancement, an independent wealth management firm, acquired Parros Financial Group, a hybrid RIA based in Ann Arbor, Michigan, managing over $118 million in client assets. The acquisition closed on March 31, 2026 and Wealth Enhancement said it would mark the firm’s first Ann Arbor location while expanding its platform resources for future growth.
-
February 28, 2026
- Buyer
- Savant Wealth Management
- Target
- Grand Capital Advisors
- Industry
- Wealth Management
- Location
- Michigan, United States
- Type
- Growth capital
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.
-
December 16, 2025
- Buyer
- Integrated Partners
- Target
- Morrison Nordmann Wealth Management
- Industry
- Wealth Management
- Location
- Michigan, United States
- 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.
-
July 10, 2025
- Buyer
- Credent Wealth Management (CX Institutional, LLC)
- Target
- TFG Advisors
- Seller
- TFG Advisors (principals George Barnhart, Terry Hirsch, Paul Reile)
- Industry
- Wealth Management
- Location
- Michigan, United States
- Type
- Buyout
CX Institutional d/b/a Credent Wealth Management acquired TFG Advisors, a Michigan-based financial advisory firm with approximately $420 million in AUM and roughly 400 clients, adding Auburn Hills and Ann Arbor offices and bringing Credent close to $4.0 billion in AUM. The seven-member TFG team — including principals George Barnhart, Terry Hirsch, and Paul Reile — will join Credent; the deal supports TFG's succession plans and expands Credent's Midwest footprint.
-
- Buyer
- Arax Investment Partners
- Target
- Schechter Investment Advisors (SIA)
- Industry
- Wealth Management
- Location
- Michigan, United States
- Type
- Addon
Arax Investment Partners, a RedBird-backed wealth management platform, has acquired Schechter Investment Advisors (SIA), the RIA arm of Schechter based in Birmingham, Michigan. SIA manages approximately $4.0 billion in assets and will integrate into the Arax platform while Schechter's Advanced Design Life Insurance business remains a separate entity.
-
- Buyer
- Carson Group
- Target
- Mommaerts Mahaney Financial Services
- Seller
- Mommaerts Mahaney Financial Services, Jon Mommaerts
- Industry
- Wealth Management
- Location
- Michigan, United States
- Type
- Buyout
Carson Group has acquired Mommaerts Mahaney Financial Services, a Marquette, Michigan-based advisory firm managing approximately $314 million in AUM. The practice will become a Carson Wealth office in Marquette, with clients retaining service continuity and gaining access to Carson's broader technology, back-office support and advisory ecosystem; Alaris Acquisitions served as exclusive advisor to Mommaerts.
-
- Buyer
- West Shore Bank
- Target
- Auto Club Trust, FSB (Wealth Management, Investment Advisory and Trust services business)
- Seller
- Auto Club Trust, FSB
- Industry
- Wealth Management
- Location
- Michigan, United States
- Type
- Divestiture
West Shore Bank of Ludington, Michigan completed the acquisition of the Wealth Management, Investment Advisory and Trust services business of Auto Club Trust, FSB (Dearborn, MI) in an all-cash transaction effective March 31, 2025. Financial terms were not disclosed; West Shore Bank will continue to operate the business in Southeast Michigan (initially in Dearborn) and will welcome the acquired customers and employees into its wealth management operations.
-
March 18, 2025
- Buyer
- Integrated Partners
- Target
- Prout Financial Design
- Industry
- Wealth Management
- Location
- Michigan, United States
- Type
- Addon
Integrated Partners, a national RIA and financial planning platform, announced that Prout Financial Design of Traverse City, Michigan (over $331 million AUA) has joined its network. Prout will use Integrated's investment management platform, marketing and succession-planning support to pursue growth, attract higher-net-worth clients and ensure continuity for the firm's advisors.
-
January 21, 2025
- Buyer
- Elevation Point
- Target
- Stonebrook Private
- Industry
- Wealth Management
- Location
- Michigan, United States
- Type
- Growth capital
Elevation Point has made a strategic minority investment in Stonebrook Private, a Northville, Michigan-based fee-only fiduciary advisory firm with over $750 million in AUM. The partnership will allow Stonebrook to retain control while leveraging Elevation Point's resources to accelerate growth and enhance client service capabilities.
-
January 7, 2025
- Buyer
- EP Wealth Advisors
- Target
- Executive Wealth Management, LLC
- Industry
- Wealth Management
- Location
- Michigan, United States
- Type
- Addon
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.
-
- Buyer
- Wealth Enhancement Group
- Target
- Gavin Financial Group
- Industry
- Wealth Management
- Location
- Michigan, United States
- Type
- Buyout
Wealth Enhancement Group, a national independent wealth management firm, announced that the five-person Gavin Financial Group team in Midland, Michigan has joined the firm. The Gavin team manages over $658 million in client assets; the move expands Wealth Enhancement Group's presence in Michigan and is its sixth acquisition of 2024.
-
June 13, 2024
- Buyer
- Cresset Asset Management
- Target
- The Connable Office
- Industry
- Wealth Management
- Location
- Michigan, United States
- Type
- Buyout
Cresset Asset Management has acquired The Connable Office, a 130+-year multi-family office and private trust company based in Kalamazoo, Michigan. The deal brings Connable's trust administration and family-office capabilities into Cresset's platform, creating a combined firm that will manage more than $52 billion in client assets; Republic Capital Group and Alston & Bird advised Connable.
-
- Buyer
- Adviser Investments, LLC
- Target
- LeJeune Puetz Investment Counsel, LLC
- Industry
- Wealth Management
- Location
- Michigan, United States
- Type
- Buyout
Adviser Investments, an independent wealth advisor based in Newton, Massachusetts, has acquired LeJeune Puetz Investment Counsel of Traverse City, Michigan. The deal brings LeJeune Puetz’s ~$350 million in client assets and 75 households onto Adviser's platform, expands Adviser's footprint in Northern Michigan, and brings John Puetz into Adviser as a partner and wealth advisor.
-
- Buyer
- Mariner Wealth Advisors
- Target
- Heber Fuger Wendin Investment Advisors (HFW)
- Industry
- Wealth Management
- Location
- Michigan, United States
- Type
- Buyout
Mariner Wealth Advisors acquired Bloomfield Hills-based Heber Fuger Wendin Investment Advisors (HFW) at the end of July 2022. The acquisition expands Mariner's client roster and capabilities by adding HFW's niche advisory services for community banks and credit unions and its $8.6 billion in AUM, while HFW staff remain in place under the Mariner name.
-
- Buyer
- Mercer Global Advisors, Inc.
- Target
- Sanford Advisory Services, LLC
- Industry
- Wealth Management
- Location
- Michigan, United States
- Type
- Buyout
Mercer Global Advisors, Inc. has acquired Sanford Advisory Services, LLC, a Portage, Michigan-based wealth management firm managing approximately $1.1 billion in AUM/A and serving about 1,100 clients. The Sanford team of ten professionals, including founders Todd Sanford, Scott Williams and Brent Kerstetter, will join Mercer as the firm expands its Central U.S. presence.
-
May 9, 2019
- Buyer
- Allworth Financial
- Target
- Blueprint Financial
- Industry
- Wealth Management
- Location
- Michigan, United States
- Type
- Buyout
Allworth Financial has acquired Michigan-based investment firm Blueprint Financial, which manages approximately $80 million of client assets. The deal expands Allworth's footprint in the Midwest as it continues a string of acquisitions that have added over $1.1 billion in acquired assets in just over a year.
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Frequently Asked Questions
Which types of buyers are active in Michigan wealth management deals?
Recent buyers include independent and platform-backed RIAs such as Integrated Partners, Savant Wealth Management, Credent Wealth Management (CX Institutional, LLC), Wealth Enhancement, Arax Investment Partners, Carson Group, and EP Wealth Advisors—as well as a bank (West Shore Bank) acquiring a wealth management business.
Where in Michigan do these acquisitions tend to expand offices?
Deal locations referenced in the page include Ann Arbor, Lansing/East Lansing, Auburn Hills, Dearborn (Southeast Michigan), Grand Blanc, Traverse City, Marquette, Northville, and Kalamazoo (including a multi-family office).
Do Michigan wealth management acquisitions include partnerships or minority investments?
Yes. For example, Elevation Point made a strategic minority investment in Stonebrook Private, where Stonebrook retains control while using Elevation Point’s resources to support growth.
What capabilities beyond standard advisory are reflected in these transactions?
Some deals emphasize specialized services such as trust and family-office capabilities—for example, Cresset Asset Management acquiring The Connable Office to add trust administration and family-office capabilities.
Related Acquisition Pages
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Wealth Management Acquisitions in 2026
Wealth Management Acquisitions in 2025
Wealth Management Acquisitions in 2024
Wealth Management Acquisitions in 2023
Wealth Management Acquisitions in 2022
Wealth Management Acquisitions in 2019
Acquisitions in Michigan
Private Equity-Backed Acquisitions in Michigan
Acquisitions in Michigan in 2026