At a glance
- The practices are IMPACT Financial Strategies, Rooted Wealth Management, Capital Waypoint and Citrus Wealth Management.
- Osaic recruited Michael Biggs from Equitable Advisors with $245 million in AUM, our tracking shows.
- Merit Financial Advisors bought Moldenhauer & Associates, a $1.1 billion Buffalo-area RIA, its 10th ex-Commonwealth practice and 12th acquisition this year, closing Sept. 25.
Ascentis Independent Advisors added four practices with $1 billion in combined client assets this week, and all four kept Raymond James Financial Services as primary custodian, according to our tracking. The practices are IMPACT Financial Strategies, Rooted Wealth Management, Capital Waypoint and Citrus Wealth Management.
Osaic recruited Michael Biggs from Equitable Advisors with $245 million in AUM, our tracking shows.
Merit Financial Advisors bought Moldenhauer & Associates, a $1.1 billion Buffalo-area RIA, its 10th ex-Commonwealth practice and 12th acquisition this year, closing Sept. 25.
Merit's acquired practice brings nearly 1,900 households and 12 employees.
Cetera recruited Cynthia Doussard, a 24-year Commonwealth advisor, with about $235 million in assets under administration.
Reported by the Features desk from PWD internal tracking and PWD overnight coverage. Published . Updated Oct 28, 2026 · 2:57 p.m. ET. Corrections