Osaic Acquires CW Advisors: $13.5B Deal
- Osaic, Inc., backed by Reverence Capital Partners, is set to acquire CW Advisors, LLC, a Boston-based registered investment advisor (RIA) overseeing $13.5 billion in assets.The move significantly expands...
- The acquisition provides CW Advisors access to Osaic's high-net-worth capabilities, including services from Premier Trust and Highland Capital brokerage.
- Jamie Price, president and CEO of Osaic, said CW advisors brings significant strength in delivering an institutional-quality platform for fee-onyl RIA advisors.
Osaic is making a meaningful move! The firm is acquiring CW Advisors, a Boston-based RIA, in a deal valued at $13.5 billion. This strategic acquisition promptly bolsters OsaicS presence within the high-net-worth wealth management sector. CW Advisors, known for their expertise in wealth and family office services, will retain its brand and operational independence. This deal signifies Osaic’s commitment to expansion, fueled by the strength that CW Advisors brings in delivering an institutional-quality platform for fee-only RIA advisors.The agreement offers CW Advisors access to Osaic’s broad resources, supporting their long-term client vision. News Directory 3 is following all the developments. Curious where Osaic heads next? Discover what’s next …
Osaic to Acquire CW Advisors for Wealth Management expansion
Updated June 24, 2025
Osaic, Inc., backed by Reverence Capital Partners, is set to acquire CW Advisors, LLC, a Boston-based registered investment advisor (RIA) overseeing $13.5 billion in assets.The move significantly expands Osaic’s reach in the high-net-worth wealth management sector. CW Advisors, acquired from Audax Private Equity, boasts a core wealth and family office platform supported by 140 professionals across 17 offices.
The acquisition provides CW Advisors access to Osaic’s high-net-worth capabilities, including services from Premier Trust and Highland Capital brokerage. CW Advisors, which currently custodies with Schwab and Fidelity, will maintain its brand and operational independence as a standalone RIA within Osaic’s network. This strategic move underscores Osaic’s commitment to expanding its wealth management services.
Jamie Price, president and CEO of Osaic, said CW advisors brings significant strength in delivering an institutional-quality platform for fee-onyl RIA advisors. He added that their scale, talent, and infrastructure complement Osaic’s strategy of expanding its presence across all models and segments of the wealth management industry.
“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.
Scott dell’Orfano, CEO of CW Advisors, said joining Osaic represents a pivotal step forward, providing access to permanent capital aligned with the long-term vision and needs of their clients and advisors. This partnership enhances Osaic’s signature employee model, Osaic Advisors, designed to provide growth-oriented advisors with resources and scale.
“Joining forces with Osaic represents a pivotal step forward for CW Advisors,” said Scott Dell’Orfano,CEO of 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.”
This deal follows Osaic’s earlier acquisition of Payant Wealth Management Group and its May announcement that wealth management programs from five credit unions, previously with Atria wealth Solutions’ Cuso Financial Services, joined its institutions channel, collectively managing $500 million in assets.The acquisition of CW Advisors marks one of Osaic’s largest strategic moves to date as it consolidates under the osaic Advisors banner, solidifying its position in the wealth management market.
What’s next
With the acquisition of CW Advisors, Osaic is poised to further enhance its wealth management offerings and expand its reach in the high-net-worth market, continuing its strategic growth initiatives.