Composition Wealth, a nationally registered investment adviser (RIA) enterprise with more than $10 billion in assets and 125 employees nationwide, has announced a merger with Edgewater Wealth Management of Tacoma, Wash. The Edgewater team of 16, including eight wealth advisers, controlled $900 million in total client assets at its former firm, Northwestern Mutual Private Client Group.
The Edgewater team was founded in 2019 by partners and private wealth advisors C.W. Middleton and Tyler Hjelseth. In 2022, private wealth adviser Kevin Johnson joined as a third partner.
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