Osaic Wealth’s CW Advisors Acquires 3 RIAs with $1.6B in AUM
CW Advisors, a subsidiary of Osaic Wealth, has acquired three registered investment advisory firms, with a combined total of $1.6 billion in assets under management.
CW Advisors has added Newport Beach, CA-based Yosemite Capital Management, The Woodlands, TX-based Threadgill Financial, and Braintree, MA-based Peddock Capital Advisors.
Yosemite Capital Management, which was established in 2001, manages about $369 million in total client assets. The firm is led by Paul Heckler, Tom Malgesini, and Candy Lutz and offers financial planning, portfolio management, and retirement planning.
Threadgill Financial, founded in 2015, manages about $400 million in total client assets. The firm is led by Chief Compliance Officer Zachary Threadgill and offers portfolio management, investment strategies, and wealth management services.
Peddock Capital Advisors, established in 2008, manages about $836 billion in total client assets. The firm provides asset management, wealth planning, tax and estate planning, retirement planning, and charitable giving.
CW Advisors’ acquisition of Peddock also includes the firm’s full-service tax practice, which will enable the firm’s clients to have additional access to tax resources, CW Advisors stated.
The acquisitions add five offices to CW Advisors, including its first locations in Texas in The Woodlands and League City.
“Joining CW Advisors gives us access to expanded technology and tools to better serve our clients,” said Paul Heckler, Managing Director of Yosemite. “These resources allow us to spend more time working directly with the people who brought us to this industry—our clients.”
Recently, CW Advisors added Torrance, CA-based Catalina Capital Group, which manages about $655 million in total client assets and marks the firm’s first office in the Southern California market.
CW Advisors, founded in 2009, was previously known as Congress Wealth Management before rebranding in 2024, and manages $19.7 billion in total client assets.