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Cerity acquires two RIAs managing $372 million

Cerity-acquires-two-RIAs

Algonquin Advisors, Worldview Wealth Advisors join the Chicago-based firm

Cerity Partners, a Chicago-based registered investment advisory firm managing $27 billion, has acquired Algonquin Advisors, a Greenwich, Connecticut-based RIA managing $232 million, and Worldview Wealth Advisors, a San Francisco firm managing $140 million.

[More: Cerity Partners buys Blue Prairie Group to create $21 billion advisory firm]

Algonquin Advisors, founded in 1998, is led by founder George Hubbard and CEO John Hyman. The firm’s seven professionals also are joining Cerity.

Worldview Wealth Advisors, founded in 2005 by Andrew Fisher, has five team members who will join Cerity.

[More: Why technology is crucial for RIAs focused on M&A]

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