{"type":"ria_deal_tracker","title":"RIA deal tracker","lead":"As of Oct 5, 2026, AdvisorIQ's deal tracker lists 25 announced RIA transactions since Jul 7, 2026, each linked to its announcement.","as_of":"2026-10-05","facts":{"deal_count":25,"since":"2026-07-07","newest":"2026-10-01","deals":[{"announced_on":"2026-10-01","buyer":"Cerity Partners","seller":"Cornerstone Capital, Inc.","seller_assets":"approximately $1.4 billion in assets under management","seller_location":"Palo Alto, California","structure":"Merger, completed; financial terms not stated","summary":"Cerity Partners announced it has merged with Cornerstone Capital, a wealth manager founded in 1978, and the combined firm operates under the Cerity Partners name.","source":"https://www.prnewswire.com/news-releases/cerity-partners-expands-presence-in-the-san-francisco-bay-area-with-addition-of-cornerstone-capital-302895104.html","checked":"2026-10-05"},{"announced_on":"2026-09-30","buyer":"Hightower Advisors","seller":"Sandy Cove Advisors","seller_assets":"approximately $752 million in assets under management","seller_location":"Hingham, Massachusetts","structure":"Joined Hightower Signature Wealth, described as its third external acquisition of 2026; financial terms not stated","summary":"Hightower announced that Sandy Cove Advisors, a Hingham wealth management firm, has joined Hightower Signature Wealth.","source":"https://hightowersignature.com/resource/news/sandy-cove-advisors-joins-hightower-signature-wealth-expanding-financial-planning-capabilities-and-adding-752m-in-aum/","checked":"2026-10-05"},{"announced_on":"2026-09-30","buyer":"Wealth Enhancement","seller":"RWA Wealth Partners","seller_assets":"approximately $22.46 billion in client assets as of June 30, 2026","seller_location":"Boston, Massachusetts","structure":"Agreement to acquire; expected to close in the fourth quarter; financial terms not stated","summary":"Wealth Enhancement agreed to acquire RWA Wealth Partners, which delivers wealth management through its Family Office and Private Wealth businesses.","source":"https://www.prnewswire.com/news-releases/wealth-enhancement-expands-family-office-capabilities-through-reserve-by-wealth-enhancement-and-partnership-with-rwa-wealth-partners-302894438.html","checked":"2026-10-05"},{"announced_on":"2026-09-29","buyer":"Waverly Advisors","seller":"Heartwood Wealth Advisors","seller_assets":"approximately $1.7 billion in assets under management (as of 9.22.2026)","seller_location":"Richmond, Virginia","structure":"Acquisition, closed Sept. 25, 2026; financial and legal terms not disclosed","summary":"Waverly Advisors acquired Heartwood Wealth Advisors, a Richmond wealth management firm.","source":"https://waverly-advisors.com/insights/waverly-advisors-acquires-heartwood-wealth-advisors/","checked":"2026-10-05"},{"announced_on":"2026-09-23","buyer":"Modern Wealth Management","seller":"AWA Wealth Management","seller_assets":"approximately $290 million in client assets","seller_location":"Auburn, California","structure":"Acquisition; financial terms not stated","summary":"Modern Wealth acquired AWA Wealth Management, a 32-year-old firm based in Auburn, just outside Sacramento.","source":"https://www.modwm.com/modern-wealth-expands-in-california-with-290-million-sacramento-area-team/","checked":"2026-10-05"},{"announced_on":"2026-09-23","buyer":"CAPTRUST","seller":"Compass Advisors and Long Island Wealth Management","seller_assets":"a combined $1.2 billion in assets","seller_location":"Melville, New York","structure":"Joined CAPTRUST; financial terms not stated","summary":"CAPTRUST announced that two long-time affiliated Melville firms, with seven professionals, have joined the organization.","source":"https://www.prnewswire.com/news-releases/captrust-expands-presence-in-new-york-with-addition-of-compass-advisors-and-long-island-wealth-management-302886965.html","checked":"2026-10-05"},{"announced_on":"2026-09-18","buyer":"Cerity Partners","seller":"Gilbert & Cook","seller_assets":"approximately $2 billion in assets under management","seller_location":"West Des Moines, Iowa","structure":"Merger, effective at the end of September; financial terms not stated","summary":"Cerity Partners and Gilbert & Cook announced their intention to merge, and Gilbert & Cook will operate under the Cerity Partners name.","source":"https://www.prnewswire.com/news-releases/cerity-partners-merges-with-gilbert--cook-building-on-more-than-30-years-serving-clients-and-families-in-iowa-302882705.html","checked":"2026-10-05"},{"announced_on":"2026-09-14","buyer":"Carson Group","seller":"Elios Financial Group","seller_assets":"approximately $367 million AUM","seller_location":"Ohio","structure":"Acquisition; financial terms not stated","summary":"Carson Group announced the acquisition of Elios Financial Group, which becomes a Carson Wealth office in Westlake and Carson's 50th integrated office.","source":"https://www.carsongroup.com/insights/blog/carson-group-reaches-milestone-50-integrated-offices-with-addition-of-elios-financial-group/","checked":"2026-10-05"},{"announced_on":"2026-09-01","buyer":"Wealth Enhancement","seller":"Dickerson Jackson & Associates","seller_assets":"over $376 million in client assets","seller_location":"Glen Allen, Virginia","structure":"Acquisition of the investment advisory business, closed Aug. 31, 2026; financial terms not stated","summary":"Wealth Enhancement acquired the investment advisory business of Dickerson Jackson & Associates, a hybrid RIA.","source":"https://www.prnewswire.com/news-releases/wealth-enhancement-announces-acquisition-of-dickerson-jackson--associates-a-hybrid-ria-with-over-376-million-in-client-assets-302865356.html","checked":"2026-10-05"},{"announced_on":"2026-09-01","buyer":"Sequoia Financial Group","seller":"BSW Wealth Partners","seller_assets":"approximately $2.3 billion in client assets (as of June 30, 2026)","seller_location":"Colorado (offices in Boulder and Denver)","structure":"Acquisition; terms not disclosed","summary":"Sequoia Financial Group acquired BSW Wealth Partners, an independent wealth management firm founded in 1992.","source":"https://www.prnewswire.com/news-releases/sequoia-financial-group-acquires-2-3-billion-ria-bsw-wealth-partners-deepening-colorado-presence-302866298.html","checked":"2026-10-05"},{"announced_on":"2026-09-01","buyer":"Allworth Financial","seller":"High Falls Advisors, Inc. and Holistic Financial Partners","seller_assets":"$665 million (High Falls) and approximately $282 million (Holistic) in assets under management","seller_location":"Rochester, New York and Indianapolis, Indiana","structure":"Acquisition of two firms; financial terms not stated","summary":"Allworth announced the acquisition of a Rochester wealth management and tax advisory firm and an Indianapolis RIA, adding 23 professionals.","source":"https://www.prnewswire.com/news-releases/allworth-financial-surpasses-40b-aum-with-acquisitions-in-rochester-ny-and-indianapolis-302861400.html","checked":"2026-10-05"},{"announced_on":"2026-08-25","buyer":"The Vistria Group","seller":"Curi Capital","seller_assets":"over $14 billion in assets under advisement","seller_location":"Chicago, Illinois","structure":"Strategic investment; Vistria becomes an ownership partner alongside existing owners; financial terms not stated","summary":"Curi Capital announced a strategic investment from The Vistria Group, a middle market private investment firm.","source":"https://www.prnewswire.com/news-releases/curi-capital-chicago-based-ria-partners-with-the-vistria-group-for-strategic-investment-in-wealth-management-growth-302858946.html","checked":"2026-10-05"},{"announced_on":"2026-08-24","buyer":"Constellation Wealth Capital","seller":"Confluence Financial Partners","seller_assets":"approximately $7.6 billion in assets under management and an additional $400 million in 401(k) plan assets as of August 18, 2026","seller_location":"Pittsburgh, Pennsylvania","structure":"Minority investment as part of a strategic partnership; financial terms not stated","summary":"Confluence Financial Partners announced a strategic partnership in which Constellation Wealth Capital will make a minority investment in the firm.","source":"https://www.prnewswire.com/news-releases/confluence-financial-partners-announces-strategic-partnership-with-constellation-wealth-capital-302858481.html","checked":"2026-10-05"},{"announced_on":"2026-08-12","buyer":"Merit Financial Advisors","seller":"The Bridgeway Group","seller_assets":"approximately $900 million in total assets","seller_location":"Pasadena and Covina, California","structure":"Acquisition; financial and legal terms not disclosed","summary":"Merit Financial Advisors announced the acquisition of The Bridgeway Group, a Southern California wealth management firm.","source":"https://www.prnewswire.com/news-releases/merit-financial-advisors-acquires-900-million-firm-the-bridgeway-group-expanding-southern-california-presence-302847355.html","checked":"2026-10-05"},{"announced_on":"2026-08-11","buyer":"Hightower Advisors","seller":"Valley Financial Group","seller_assets":"approximately $275 million in assets under management","seller_location":"Ambler, Pennsylvania","structure":"Joining Hightower Signature Wealth; expected to close later this summer; terms not stated","summary":"Hightower announced that Valley Financial Group, an independent wealth management practice, will join Hightower Signature Wealth.","source":"https://hightoweradvisors.com/blogs/news/hightower-announces-275m-acquisition-of-valley-financial-group","checked":"2026-10-05"},{"announced_on":"2026-08-07","buyer":"Carlyle (Global Credit platform)","seller":"Prime Capital Financial","seller_assets":"nearly $50 billion in AUM","seller_location":"Overland Park, Kansas","structure":"Strategic partnership including a minority ownership interest, through an approximately $600 million hybrid capital solution; the release says it values Prime Capital Financial at an enterprise value of more than $1.8 billion","summary":"Prime Capital Financial announced that Carlyle's Global Credit platform agreed to provide an approximately $600 million hybrid capital solution that includes a minority ownership interest.","source":"https://primefinancial.com/prime-capital-financial-announces-strategic-partnership-with-carlyle/","checked":"2026-10-05"},{"announced_on":"2026-08-05","buyer":"Corient","seller":"Summit Trail Advisors","seller_assets":"more than $21 billion in assets","seller_location":"New York, New York","structure":"Joining Corient; expected to close in the third quarter of 2026; terms not disclosed","summary":"Corient announced that Summit Trail Advisors, an RIA focused exclusively on ultra-high-net-worth clients, will join Corient.","source":"https://corient.com/us/en/global-news/Summit-Trail-Press-Release","checked":"2026-10-05"},{"announced_on":"2026-08-04","buyer":"Wealth Enhancement","seller":"Miramar Capital","seller_assets":"more than $592 million in client assets","seller_location":"Northbrook, Illinois","structure":"Acquisition of the investment advisory business, closed July 31, 2026; financial terms not stated","summary":"Wealth Enhancement acquired the investment advisory business of Miramar Capital, an independent RIA.","source":"https://www.prnewswire.com/news-releases/wealth-enhancement-announces-acquisition-of-miramar-capital-an-independent-ria-with-over-592-million-in-client-assets-302842284.html","checked":"2026-10-05"},{"announced_on":"2026-08-04","buyer":"Allworth Financial","seller":"Sachetta","seller_assets":"$1.1 billion in assets under management (AUM)","seller_location":"Lynnfield, Massachusetts","structure":"Acquisition; financial terms not stated","summary":"Allworth announced the acquisition of Sachetta, a wealth management and tax advisory firm, along with Arthur Stein Financial of Bethesda, Maryland.","source":"https://www.prnewswire.com/news-releases/allworth-financial-accelerates-growth-strategy-with-acquisition-of-1-1-billion-tax-focused-advisory-firm-sachetta-302841897.html","checked":"2026-10-05"},{"announced_on":"2026-07-29","buyer":"Investcorp","seller":"Berger Financial Group, Inc.","seller_assets":"more than $3 billion in assets under management (AUM)","seller_location":"Minnesota","structure":"Investment; Berger's management team and advisors stay significant owners; terms not stated","summary":"Investcorp announced it has invested in Berger Financial Group, a wealth management platform with nine offices.","source":"https://www.investcorp.com/investcorp-invests-in-berger-financial-group/","checked":"2026-10-05"},{"announced_on":"2026-07-29","buyer":"Bixby Wealth Solutions","seller":"F.L.Putnam Investment Management Company","seller_assets":"more than $11 billion in assets as of July 1, 2026","seller_location":"Lynnfield, Massachusetts","structure":"Minority investment; financial terms not disclosed","summary":"F.L.Putnam announced that Bixby Wealth Solutions, an arm of Moontower Group, has made a minority investment in the firm.","source":"https://www.prnewswire.com/news-releases/flputnam-announces-strategic-minority-investment-from-bixby-wealth-solutions-302837315.html","checked":"2026-10-05"},{"announced_on":"2026-07-23","buyer":"Arax Advisory Partners","seller":"Transcend Capital Advisors","seller_assets":"more than $3 billion (as of June 30, 2026)","seller_location":"Madison, New Jersey","structure":"Definitive agreement to acquire; expected to close in Q3","summary":"Arax announced a definitive agreement to acquire Transcend Capital Advisors, a multi-state RIA serving high-net-worth individuals and families.","source":"https://www.globenewswire.com/news-release/2026/07/23/3332300/0/en/arax-signs-definitive-agreement-to-acquire-3-billion-ria-transcend-capital-advisors.html","checked":"2026-10-05"},{"announced_on":"2026-07-14","buyer":"Caprock","seller":"Venturi Private Wealth","seller_assets":"approximately $4 billion in assets under management","seller_location":"Austin, Texas","structure":"Acquisition; terms not disclosed","summary":"Caprock, a multi-family office RIA, announced the acquisition of Venturi Private Wealth.","source":"https://www.prnewswire.com/news-releases/caprock-announces-acquisition-of-venturi-private-wealth-302824221.html","checked":"2026-10-05"},{"announced_on":"2026-07-08","buyer":"Choreo","seller":"Resource Financial Group","seller_assets":"approximately $700 million in assets under management (AUM) as of April 30, 2026","seller_location":"Wilmette, Illinois","structure":"Acquisition of substantially all the assets; price not disclosed","summary":"Choreo announced it has acquired substantially all the assets of Resource Financial Group, a registered investment adviser.","source":"https://www.prnewswire.com/news-releases/choreo-acquires-resource-financial-group-assets-302820146.html","checked":"2026-10-05"},{"announced_on":"2026-07-07","buyer":"Aspen Standard Wealth","seller":"CWS Financial Advisors","seller_assets":"approximately $1.3 billion in client assets","seller_location":"Kalamazoo, Michigan","structure":"Joined the Aspen platform; terms not stated","summary":"Aspen Standard Wealth announced that CWS Financial Advisors, a boutique wealth management firm, has joined its RIA platform.","source":"https://aspenstandardwealth.com/2026/07/07/aspen-standard-wealth-welcomes-cws-financial-advisors-to-its-growing-ria-platform/","checked":"2026-10-05"}]},"sources":[{"url":"https://www.prnewswire.com/news-releases/cerity-partners-expands-presence-in-the-san-francisco-bay-area-with-addition-of-cornerstone-capital-302895104.html","checked":"2026-10-05","label":"Cerity Partners and Cornerstone Capital, Inc., 2026-10-01"},{"url":"https://hightowersignature.com/resource/news/sandy-cove-advisors-joins-hightower-signature-wealth-expanding-financial-planning-capabilities-and-adding-752m-in-aum/","checked":"2026-10-05","label":"Hightower Advisors and Sandy Cove Advisors, 2026-09-30"},{"url":"https://www.prnewswire.com/news-releases/wealth-enhancement-expands-family-office-capabilities-through-reserve-by-wealth-enhancement-and-partnership-with-rwa-wealth-partners-302894438.html","checked":"2026-10-05","label":"Wealth Enhancement and RWA Wealth Partners, 2026-09-30"},{"url":"https://waverly-advisors.com/insights/waverly-advisors-acquires-heartwood-wealth-advisors/","checked":"2026-10-05","label":"Waverly Advisors and Heartwood Wealth Advisors, 2026-09-29"},{"url":"https://www.modwm.com/modern-wealth-expands-in-california-with-290-million-sacramento-area-team/","checked":"2026-10-05","label":"Modern Wealth Management and AWA Wealth Management, 2026-09-23"},{"url":"https://www.prnewswire.com/news-releases/captrust-expands-presence-in-new-york-with-addition-of-compass-advisors-and-long-island-wealth-management-302886965.html","checked":"2026-10-05","label":"CAPTRUST and Compass Advisors and Long Island Wealth Management, 2026-09-23"},{"url":"https://www.prnewswire.com/news-releases/cerity-partners-merges-with-gilbert--cook-building-on-more-than-30-years-serving-clients-and-families-in-iowa-302882705.html","checked":"2026-10-05","label":"Cerity Partners and Gilbert & Cook, 2026-09-18"},{"url":"https://www.carsongroup.com/insights/blog/carson-group-reaches-milestone-50-integrated-offices-with-addition-of-elios-financial-group/","checked":"2026-10-05","label":"Carson Group and Elios Financial Group, 2026-09-14"},{"url":"https://www.prnewswire.com/news-releases/wealth-enhancement-announces-acquisition-of-dickerson-jackson--associates-a-hybrid-ria-with-over-376-million-in-client-assets-302865356.html","checked":"2026-10-05","label":"Wealth Enhancement and Dickerson Jackson & Associates, 2026-09-01"},{"url":"https://www.prnewswire.com/news-releases/sequoia-financial-group-acquires-2-3-billion-ria-bsw-wealth-partners-deepening-colorado-presence-302866298.html","checked":"2026-10-05","label":"Sequoia Financial Group and BSW Wealth Partners, 2026-09-01"},{"url":"https://www.prnewswire.com/news-releases/allworth-financial-surpasses-40b-aum-with-acquisitions-in-rochester-ny-and-indianapolis-302861400.html","checked":"2026-10-05","label":"Allworth Financial and High Falls Advisors, Inc. and Holistic Financial Partners, 2026-09-01"},{"url":"https://www.prnewswire.com/news-releases/curi-capital-chicago-based-ria-partners-with-the-vistria-group-for-strategic-investment-in-wealth-management-growth-302858946.html","checked":"2026-10-05","label":"The Vistria Group and Curi Capital, 2026-08-25"},{"url":"https://www.prnewswire.com/news-releases/confluence-financial-partners-announces-strategic-partnership-with-constellation-wealth-capital-302858481.html","checked":"2026-10-05","label":"Constellation Wealth Capital and Confluence Financial Partners, 2026-08-24"},{"url":"https://www.prnewswire.com/news-releases/merit-financial-advisors-acquires-900-million-firm-the-bridgeway-group-expanding-southern-california-presence-302847355.html","checked":"2026-10-05","label":"Merit Financial Advisors and The Bridgeway Group, 2026-08-12"},{"url":"https://hightoweradvisors.com/blogs/news/hightower-announces-275m-acquisition-of-valley-financial-group","checked":"2026-10-05","label":"Hightower Advisors and Valley Financial Group, 2026-08-11"},{"url":"https://primefinancial.com/prime-capital-financial-announces-strategic-partnership-with-carlyle/","checked":"2026-10-05","label":"Carlyle (Global Credit platform) and Prime Capital Financial, 2026-08-07"},{"url":"https://corient.com/us/en/global-news/Summit-Trail-Press-Release","checked":"2026-10-05","label":"Corient and Summit Trail Advisors, 2026-08-05"},{"url":"https://www.prnewswire.com/news-releases/wealth-enhancement-announces-acquisition-of-miramar-capital-an-independent-ria-with-over-592-million-in-client-assets-302842284.html","checked":"2026-10-05","label":"Wealth Enhancement and Miramar Capital, 2026-08-04"},{"url":"https://www.prnewswire.com/news-releases/allworth-financial-accelerates-growth-strategy-with-acquisition-of-1-1-billion-tax-focused-advisory-firm-sachetta-302841897.html","checked":"2026-10-05","label":"Allworth Financial and Sachetta, 2026-08-04"},{"url":"https://www.investcorp.com/investcorp-invests-in-berger-financial-group/","checked":"2026-10-05","label":"Investcorp and Berger Financial Group, Inc., 2026-07-29"},{"url":"https://www.prnewswire.com/news-releases/flputnam-announces-strategic-minority-investment-from-bixby-wealth-solutions-302837315.html","checked":"2026-10-05","label":"Bixby Wealth Solutions and F.L.Putnam Investment Management Company, 2026-07-29"},{"url":"https://www.globenewswire.com/news-release/2026/07/23/3332300/0/en/arax-signs-definitive-agreement-to-acquire-3-billion-ria-transcend-capital-advisors.html","checked":"2026-10-05","label":"Arax Advisory Partners and Transcend Capital Advisors, 2026-07-23"},{"url":"https://www.prnewswire.com/news-releases/caprock-announces-acquisition-of-venturi-private-wealth-302824221.html","checked":"2026-10-05","label":"Caprock and Venturi Private Wealth, 2026-07-14"},{"url":"https://www.prnewswire.com/news-releases/choreo-acquires-resource-financial-group-assets-302820146.html","checked":"2026-10-05","label":"Choreo and Resource Financial Group, 2026-07-08"},{"url":"https://aspenstandardwealth.com/2026/07/07/aspen-standard-wealth-welcomes-cws-financial-advisors-to-its-growing-ria-platform/","checked":"2026-10-05","label":"Aspen Standard Wealth and CWS Financial Advisors, 2026-07-07"}],"related":[{"title":"Succession and M&A","url":"https://advisoriq.com/succession/"},{"title":"Minority stakes and outside capital","url":"https://advisoriq.com/succession/guides/minority-stakes/"},{"title":"Valuation estimator","url":"https://advisoriq.com/succession/valuation/"}],"notes":["A deal is listed only when confirmed from the buyer's, seller's or investor's own announcement or an SEC filing.","Seller assets are the announcement's own figure and wording, usually as of the announcement.","Not a complete list of every transaction."],"url":"https://advisoriq.com/succession/deals/","citation":"AdvisorIQ, as of 2026-10-05. https://advisoriq.com/succession/deals/","license":"https://advisoriq.com/license/","publisher":"AdvisorIQ, independent education for financial advisors","disclaimer":"Summaries of rules set by designation bodies and regulators, which have the final word."}