# RIA deal tracker

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
Address: https://advisoriq.com/succession/deals/

## 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

## 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.

## Sources

- Cerity Partners and Cornerstone Capital, Inc., 2026-10-01, checked 2026-10-05: https://www.prnewswire.com/news-releases/cerity-partners-expands-presence-in-the-san-francisco-bay-area-with-addition-of-cornerstone-capital-302895104.html
- Hightower Advisors and Sandy Cove Advisors, 2026-09-30, checked 2026-10-05: https://hightowersignature.com/resource/news/sandy-cove-advisors-joins-hightower-signature-wealth-expanding-financial-planning-capabilities-and-adding-752m-in-aum/
- Wealth Enhancement and RWA Wealth Partners, 2026-09-30, checked 2026-10-05: 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
- Waverly Advisors and Heartwood Wealth Advisors, 2026-09-29, checked 2026-10-05: https://waverly-advisors.com/insights/waverly-advisors-acquires-heartwood-wealth-advisors/
- Modern Wealth Management and AWA Wealth Management, 2026-09-23, checked 2026-10-05: https://www.modwm.com/modern-wealth-expands-in-california-with-290-million-sacramento-area-team/
- CAPTRUST and Compass Advisors and Long Island Wealth Management, 2026-09-23, checked 2026-10-05: https://www.prnewswire.com/news-releases/captrust-expands-presence-in-new-york-with-addition-of-compass-advisors-and-long-island-wealth-management-302886965.html
- Cerity Partners and Gilbert & Cook, 2026-09-18, checked 2026-10-05: 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
- Carson Group and Elios Financial Group, 2026-09-14, checked 2026-10-05: https://www.carsongroup.com/insights/blog/carson-group-reaches-milestone-50-integrated-offices-with-addition-of-elios-financial-group/
- Wealth Enhancement and Dickerson Jackson & Associates, 2026-09-01, checked 2026-10-05: 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
- Sequoia Financial Group and BSW Wealth Partners, 2026-09-01, checked 2026-10-05: https://www.prnewswire.com/news-releases/sequoia-financial-group-acquires-2-3-billion-ria-bsw-wealth-partners-deepening-colorado-presence-302866298.html
- Allworth Financial and High Falls Advisors, Inc. and Holistic Financial Partners, 2026-09-01, checked 2026-10-05: https://www.prnewswire.com/news-releases/allworth-financial-surpasses-40b-aum-with-acquisitions-in-rochester-ny-and-indianapolis-302861400.html
- The Vistria Group and Curi Capital, 2026-08-25, checked 2026-10-05: 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
- Constellation Wealth Capital and Confluence Financial Partners, 2026-08-24, checked 2026-10-05: https://www.prnewswire.com/news-releases/confluence-financial-partners-announces-strategic-partnership-with-constellation-wealth-capital-302858481.html
- Merit Financial Advisors and The Bridgeway Group, 2026-08-12, checked 2026-10-05: https://www.prnewswire.com/news-releases/merit-financial-advisors-acquires-900-million-firm-the-bridgeway-group-expanding-southern-california-presence-302847355.html
- Hightower Advisors and Valley Financial Group, 2026-08-11, checked 2026-10-05: https://hightoweradvisors.com/blogs/news/hightower-announces-275m-acquisition-of-valley-financial-group
- Carlyle (Global Credit platform) and Prime Capital Financial, 2026-08-07, checked 2026-10-05: https://primefinancial.com/prime-capital-financial-announces-strategic-partnership-with-carlyle/
- Corient and Summit Trail Advisors, 2026-08-05, checked 2026-10-05: https://corient.com/us/en/global-news/Summit-Trail-Press-Release
- Wealth Enhancement and Miramar Capital, 2026-08-04, checked 2026-10-05: 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
- Allworth Financial and Sachetta, 2026-08-04, checked 2026-10-05: https://www.prnewswire.com/news-releases/allworth-financial-accelerates-growth-strategy-with-acquisition-of-1-1-billion-tax-focused-advisory-firm-sachetta-302841897.html
- Investcorp and Berger Financial Group, Inc., 2026-07-29, checked 2026-10-05: https://www.investcorp.com/investcorp-invests-in-berger-financial-group/
- Bixby Wealth Solutions and F.L.Putnam Investment Management Company, 2026-07-29, checked 2026-10-05: https://www.prnewswire.com/news-releases/flputnam-announces-strategic-minority-investment-from-bixby-wealth-solutions-302837315.html
- Arax Advisory Partners and Transcend Capital Advisors, 2026-07-23, checked 2026-10-05: 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
- Caprock and Venturi Private Wealth, 2026-07-14, checked 2026-10-05: https://www.prnewswire.com/news-releases/caprock-announces-acquisition-of-venturi-private-wealth-302824221.html
- Choreo and Resource Financial Group, 2026-07-08, checked 2026-10-05: https://www.prnewswire.com/news-releases/choreo-acquires-resource-financial-group-assets-302820146.html
- Aspen Standard Wealth and CWS Financial Advisors, 2026-07-07, checked 2026-10-05: https://aspenstandardwealth.com/2026/07/07/aspen-standard-wealth-welcomes-cws-financial-advisors-to-its-growing-ria-platform/

## Related

- [Succession and M&A](https://advisoriq.com/succession/)
- [Minority stakes and outside capital](https://advisoriq.com/succession/guides/minority-stakes/)
- [Valuation estimator](https://advisoriq.com/succession/valuation/)

## Cite as

AdvisorIQ, as of 2026-10-05. https://advisoriq.com/succession/deals/

License: https://advisoriq.com/license/