The deal for the Bellevue, Washington-based multi-family office marks another step for Corient's hyper-growth strategy.
Firms announce acquisitions to expand geographical reach, capabilities.
The latest quarterly surge puts the industry on pace to exceed 300 transactions in 2025, according to Devoe.
Elsewhere, a deal in Florida gives Ashton Thomas Private Wealth a new CIO, while Moneta expands its reach further into Colorado.
The Torrance, California-based consolidator's newest strategic minority investment, marking a first for Ares, will help advance the RIA's talent acquisition, M&A strategy, and other priorities.
CEO says the top-ranked Canadian bank, which could theoretically scoop up a business as large as Schwab, has several "high-quality wealth franchises" in its sights.
Coming from Summit Financial Networks, the newest addition brings $425 million in client assets to the employee-based RIA in North Carolina.
Also, MAI Capital and Carson Group have expanded their footprints in Florida, Ohio, and Illinois with new RIA partners
The acquired firm will become part of Aprio Wealth Management.
Elsewhere in New York, RIA succession incubator Uniting Wealth Partners has welcomed a Rochester, NY-based practice.
Waverly lands its 25th deal since 2021 with a tax-focused RIA in Ohio, while independent RIAs Moneta and Private Advisor Group announce mergers in New Jersey and Michigan.
The $260 billion consolidator continues its growth in the family office space with a new stake in New England.
The two serial acquirers added new partners on separate sides of the map, including a $570 million Bay Area RIA and a $600 million planning-focused firm in Pennsylvania.
Parkwoods Wealth Partners also extended its reach in Indiana as a $350 million RIA joins the firm.
Also, a triple-deal propels Beacon Pointe to reach a $48 billion asset milestone, and Bluespring merges in another Kestra firm.
Valuations are rising for well-run firms with good financials, solid growth path.
Aspen Wealth's New England Private Wealth Advisors has also snapped up a $1.6 billion firm in New Hampshire.
The deal is expected to be worth $2.7 billion when it closes, likely in Q4 2025
The partnership aims to develop a globally scalable custody and clearing solution for advisors and the clients they serve.
Oregon-based Eagle Wealth Management and Idaho-based West Oak Capital give Mercer 11 acquisitions in 2025, matching last year's total.
