Osaic to Acquire CW Advisors: $13.5B RIA Deal

CW Advisors, acquisition, wealth management, RIA”>

Osaic expands its reach with the acquisition of CW Advisors.

BOSTON, June 23, 2025

Osaic Expands Wealth Management Reach

Osaic acquires CW Advisors, boosting its HNW capabilities.

• Osaic acquires Boston-based CW Advisors, managing $13.5 billion in assets.
• CW Advisors specializes in high-net-worth and ultra-high-net-worth clients.
• The acquisition enhances Osaic’s presence in the upper tiers of wealth management.

Osaic, Inc.’s acquisition of CW Advisors represents a meaningful move into high-net-worth wealth management, as the Boston-based registered investment advisor manages $13.5 billion in assets.

Did you know?-The high-net-worth wealth management sector is experiencing significant growth, driven by factors such as increasing global wealth and demand for sophisticated financial planning services.

Strategic Acquisition

Osaic, backed by Reverence Capital Partners, is expanding into the upper echelons of the wealth management market with this acquisition.CW Advisors, acquired from Audax Private Equity, will receive additional capital and strategic resources from Osaic to fuel its growth initiatives.

CW Advisors boasts a core wealth and family office platform supported by 140 professionals across 17 offices. Specializing in serving high-net-worth and ultra-high-net-worth clients, their expertise aligns with Osaic’s growth strategy.

Reader question:-How do acquisitions like this ultimately affect the individual investor, and what changes might they experience in terms of service or investment options? Share your thoughts in the comments.

Synergies and Independence

CW Advisors, which currently custodies with Schwab and Fidelity, will gain access to Osaic’s capabilities for high-net-worth and ultra-high-net-worth clients. This includes services from affiliated firms Premier Trust and Highland Capital Brokerage.

Despite the acquisition,CW will maintain its brand,client service model,and operational independence as a standalone RIA within the Osaic ecosystem. This ensures continuity for CW’s existing clients and advisors.

Fast fact: CW Advisors operates with 140 professionals across 17 offices, focusing on high-net-worth and ultra-high-net-worth clients.

Leadership Perspectives

“CW Advisors brings tremendous strength in delivering an institutional-quality platform for fee-only RIA advisors at the upper tiers of the wealth spectrum,” said Jamie Price, President and CEO of Osaic. “Their scale, talent, and infrastructure are highly complementary to our strategy of expanding Osaic’s presence across all models and segments of the wealth management industry.”

scott Dell’Orfano, CEO of CW Advisors, added, “Joining forces with Osaic represents a pivotal step forward for CW Advisors. This partnership provides us with access to permanent capital that aligns with our long-term vision and the needs of our clients and advisors.”

Osaic’s Employee Model

The transaction also bolsters Osaic’s employee model, Osaic Advisors, designed to empower growth-oriented advisors. It provides the resources and scale necessary for success, alleviating the operational burdens of running an self-reliant firm.

Recent Moves

This deal follows Osaic’s previous acquisition of Payant Wealth Management Group. In May, Osaic announced that the wealth management programs of five credit unions, previously affiliated with atria Wealth Solutions’ subsidiary Cuso Financial Services, joined its institutions channel. These programs collectively manage $500 million in assets.

Did you know? Osaic’s acquisition of CW Advisors is one of the firm’s largest strategic moves to date, consolidating under the Osaic Advisors banner.

Looking Ahead

What are the key benefits of this acquisition for Osaic? This acquisition substantially expands Osaic’s presence in the high-net-worth wealth management sector, providing access to CW Advisors’ established platform and client base, while also enhancing Osaic’s capabilities and service offerings.

Deeper Dive into teh high-Net-Worth Market

The acquisition of CW advisors by Osaic isn’t just about expanding assets under management; it’s a strategic play to tap into the burgeoning high-net-worth (HNW) and ultra-high-net-worth (UHNW) wealth management market. This sector is experiencing rapid growth due to several factors,including the increasing global wealth and the need for sophisticated financial planning. Osaic’s move highlights the growing importance of catering to this specific clientele.

Let’s delve deeper into what drives this growth and what it means for firms like Osaic and CW Advisors.

Demographics Driving the Trend

The HNW market is not a monolith. It’s a diverse group, but several common threads tie these individuals together. These include:

• Affluent Boomers and Beyond: A significant portion of HNW individuals are aging Baby Boomers approaching or in retirement. They require sophisticated wealth management to preserve and distribute thier assets effectively.
• Successful Entrepreneurs and Executives: Many HNW individuals have built wealth through business ownership or high-level corporate positions.They need complex financial strategies to manage this wealth.
• Inheritors: As wealth transfers across generations,the inheritance of significant assets is becoming increasingly common. This generation frequently enough seeks professional guidance on managing their newfound wealth.

These demographics help establish the need for personalized financial planning services.

The Role of Advisors

HNW clients typically have complex financial needs that go well beyond basic investment management. HNW advisors provide a range of services,including comprehensive financial planning,tax optimization strategies,estate planning,and philanthropic advising.

What services do HNW advisors provide? Services include investment management, retirement planning, tax planning, and estate planning.

How are Advisors compensated These advisors usually use fee-based, retainer-based, or commission-based compensation models.

Key Benefits of Vertical Integration

Osaic’s acquisition allows for better service for HNW and UHNW clients. This ensures continuity for CW’s existing clients and advisors. By being at a larger institution,CW will be fully equipped to serve those clients.

Wealth Management in the Years Ahead

Looking ahead, the HNW wealth management sector is poised for continued growth. The demand for personalized, sophisticated financial advice is expected to remain strong. Firms that can adapt to evolving client needs and leverage technology will likely flourish.

What dose the future involve?The future should see further vertical integration and specialized services. The use of technology coupled with new regulations could change how the financial world works. Both firms and clients may need to adapt to those changes.

The Osaic-CW Advisors deal is a clear indication of were the wealth management industry is headed. It’s a move toward specialization, client-centric service, and strategic partnerships to capitalize on the enormous potential of the HNW market.