Captrust Financial Advisors, a Raleigh, North Carolina-based registered investment adviser, has acquired PWA Wealth Management, a Pittsburgh-based RIA that advises on more than $800 million in assets for individuals, small business owners, and institutional clients.
PWA, which was founded in 2003, has 15 employees, including seven financial advisers.
Captrust, which specializes in retirement plans, oversees more than $50 billion in assets under management and $409 billion in assets under advisement.
[Video: FPA alters course amid pandemic]
From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.
Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.
“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.
Sellers shift focus: It's not about succession anymore.
Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
