Cerity Partners, Agility Merge to Offer OCIO Services

Cerity Partners, an independent wealth management firm, announced it is merging with Denver-based Agility, the outsourced chief investment officer (OCIO) solutions business of investment bank Perella Weinberg Partners (PWP).

The addition of Agility will bring NY-based Cerity Partners’ client assets under management to about $100 billion and expand its capabilities through OCIO services to non-profit organizations, ultra-high-net-worth individuals, and family offices. Upon closing, Agility will rebrand as Cerity Partners OCIO.

Agility, which handled over $15 billion in assets as of the end of 2023, is registered with the Securities and Exchange Commission under PWP’s Perella Weinberg Partners Capital Management company.

“We are thrilled to welcome the Agility team, which brings nearly two decades of experience and unparalleled expertise in serving non-profit organizations, businesses and ultra-high-net-worth clientele,” said Kurt Miscinski, CEO of Cerity Partners. “This partnership will reinforce our ability to serve this very important segment of the market.”

Broadhaven Capital Partners served as financial advisor and Willkie Farr & Gallagher LLP served as legal advisor to Cerity Partners. Houlihan Lokey and Perella Weinberg Partners served as financial advisors and Davis Polk & Wardwell LLP served as legal advisor to Perella Weinberg Partners Capital Management LP. Goodwin Procter LLP served as legal advisor to Agility.