Procyon and Earned each extended their geographic reach with sizeable acquisitions this week, while Indivisible Partners bolstered its platform as it welcomed a breakaway veteran advisor from Stifel.
Procyon, a Connecticut-based RIA firm within Dynasty Financial Partners, said it has acquired OLV Investment Group, a multi-office wealth firm with locations in Michigan and Texas, adding roughly $500 million in assets under management and seven advisors.
The deal extends Procyon’s footprint into the Midwest and South and lifts its total assets under management to nearly $9 billion, with close to 80 employees across the firm. Procyon said the transaction is its largest to date and is meant to deepen its client-first, team-based service model for both private clients and institutions.
“Our goal has always been to build a firm that delivers comprehensive solutions through a team-based, client-first approach,” said Phil Fiore, chief executive of Procyon, adding that joining forces with OLV helps the firm “serve a wider audience” without losing its focus on personal advice.
OLV chief executive Tim Tenneriello said in the announcement that the firm was “proud of the business [it has] built and the trust [it has] earned,” and characterized Procyon as a partner that shares its values and growth ambitions.
Earlier this year in July, Procyon expanded its Northeast presence as it acquired Wooster Corthell Wealth Management, a boutique firm managing roughly $600 million in assets.
In the healthcare space, Earned continued its acquisition streak with the purchase of OJM Group, an Ohio-based RIA, planning firm and insurance agency that has worked with physicians and high-net-worth clients for more than two decades.
The deal brings nearly $1 billion in additional assets under management to Earned Wealth Advisors, the firm’s RIA, and adds 12 professionals to Earned’s more than 230 employees nationwide.
Earned now oversees about $3.4 billion in assets for nearly 19,500 clients, and the OJM transaction marks its fifth acquisition of 2025, following deals for Thomas Doll, Chahal and Associates, Schwartz and Schwartz, and Pearson Ravitz, plus a strategic partnership with Dental & Medical Counsel.
“Earned is well-positioned to be the only financial partner a doctor will ever need,” said founder and chief executive John Clendening, highlighting the firm's platform meant to deliver a “more modern, seamless client experience” with expanded tax and legal resources.
At the ultra-high-net-worth end of the market, Indivisible Partners said K|H Private Wealth, founded by longtime advisor Kevin Karrh, has affiliated with the firm.
Prior to founding K|H Private Wealth, Karrh had been affiliated with Stifel for six years, according to his BrokerCheck record.
K|H, based in Dallas, focuses on complex multi-generational families, business owners and single-family offices, emphasizing governance, legacy planning and coordinated tax and estate strategies through what it calls a proprietary “Wealth Playbook.” According to his BrokerCheck record with FINRA, Karrh previously worked at Stifel before launching the new venture.
“I founded K|H Private Wealth because families need an advisor who can lead across generations, not just manage investments,” Karrh said, adding that partnering with Indivisible gives the firm “the scale and autonomy to architect durable wealth structures.”
John Thiel, founder and executive chairman of Indivisible, pointed to Karrh's "leadership, integrity, and multi-disciplinary thinking."
In June, Indivisible Partners extended its reach in Colorado with the addition of Ride Wealth Partners in Golden.
Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.
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