Wealth Management Acquisitions in Washington

Clearstead Advisors has acquired The Clarius Group, a Seattle-based multi-family office overseeing approximately $5.1 billion in assets, with the transaction closing on January 31, 2026. Thirty-six Clarius professionals, including co-founders Keith Vernon and Matthew Talbot, joined Clearstead as part of the deal, which strengthens Clearstead's ultra-high-net-worth and family office capabilities and its presence in the Pacific Northwest.

Waverly Advisors has acquired Pacific Portfolio Consulting, LLC and Pacific Portfolio Trust Company to expand into the Pacific Northwest and add trust capabilities. The deal brings roughly $5 billion of AUM to Waverly, increasing the firm's total AUM to about $25.1 billion; financial terms were not disclosed and the transactions closed in late September and October 2025.

Corient has acquired Bristlecone Advisors, a Bellevue, Washington-based registered investment advisory firm managing approximately $2 billion in assets. The deal expands Corient’s Pacific Northwest presence and adds Bristlecone’s multi-family office capabilities and tax/estate services to Corient’s fee-only private partnership platform.

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.

Hub International Limited acquired the assets of Longbow Financial Services, LLC, a Spokane-based financial consulting firm specializing in corporate retirement planning and individual wealth. The Longbow team, led by founder Michael Furrer, will join Hub Northwest as part of Hub's strategy to expand its retirement and private wealth capabilities in the Pacific Northwest; terms were not disclosed.

B.O.S.S. Retirement Solutions and Advisors has merged with Bellevue-based Becker Retirement Group, with the Becker team — including founder Randy Becker — joining the B.O.S.S. firm. The deal expands B.O.S.S.'s advisory footprint in the Pacific Northwest and adds retirement-planning capabilities such as Social Security maximization and female-focused programming.

Betterment agreed to acquire Argonaut Asset Management Inc., d/b/a Makara, bringing Makara’s SEC-registered crypto portfolio management capabilities and team into Betterment’s platform. The acquisition lets Betterment offer expert-built, diversified cryptocurrency portfolios to retail customers and financial advisors, accelerating the firm’s entry into digital assets.

Pure Financial Advisors has agreed to acquire Seattle-area RIA Kaufman Kampe Advisors LLC. The deal expands Pure Financial’s presence in the Pacific Northwest; Kaufman Kampe founders Lori Kaufman and Valerie Kampe will join Pure Financial and continue serving their clients. Pure Financial is PE-backed following an investment from Lee Equity Partners and is also backed by Emigrant Partners.

Mercer Global Advisors, a Denver-based RIA majority owned by Oak Hill Capital and Genstar Capital, has acquired Miller Advisors, Inc., a Kirkland, Washington wealth management firm with approximately $240 million AUM serving ~200 clients. The acquisition expands Mercer’s Pacific Northwest presence and supports succession and career development for Miller’s founders and team, who will join Mercer.

Pathstone, a partner-owned multigenerational family office, has acquired Cornerstone Advisors Inc., a Bellevue, Washington-based wealth and lifestyle management firm. The combination adds Cornerstone's ~$4 billion AUM and ~65 employees to Pathstone, expanding capabilities, scale and partner ownership across the combined firm (roughly 200 employees across nine offices and ~$20 billion in advisory assets).

Alera Group acquired Seattle-based Muench Financial, Inc., effective December 31, 2019. The deal brings Jon Muench and his team into Alera Group's wealth management and retirement services practice, expanding Alera's capabilities and presence in the Pacific Northwest.