Osaic, a provider of wealth management solutions, has announced the acquisition of CW Advisors, a Boston-based registered investment adviser (RIA) managing $13.5 billion in fee-only client assets. CW Advisors serves high-net-worth (HNW) and ultra-high-net-worth (UHNW) clients through its core wealth management and family office platform, with 140 professionals across 17 offices.
The acquisition of CW Advisors represents continued execution of Osaic’s strategy to expand its addressable market, serve advisors across all affiliation models and enable advisors to serve clients across the full wealth spectrum. Through its custodial partnerships with Schwab and Fidelity, CW Advisors also represents Osaic’s opportunity to provide expanded scale and capabilities as a leading non-self-clearing wealth management firm.
Osaic is purchasing CW Advisors from their current private equity sponsor, Audax Private Equity, and will provide increased access to capital to support future
