Osaic Wealth’s CW Advisors Acquires $655M California RIA

Boston-based CW Advisors, a subsidiary of Osaic Wealth, has added a California-based registered investment advisory firm, bolstering the firm’s footprint in the Golden State’s market. 

Torrance, CA-based Catalina Capital Group, which is a fee-only RIA founded in 2012, manages about $655 million in total client assets and marks CWA’s first office in Southern California. 

The firm provides wealth management services, including financial planning and retirement plans, and is partnered with registered investment advisor custodianTDAmeritrade Institutional. 

Catalina Capital Group includes founder and managing directors Chris Frantz, Philippe Oertle, and Retirement Plan Advisor of corporate retirement plans Bradd Donovan, per the firm’s website. 

The acquisition marks CW Advisors’ second transaction, following its addition of RIA Rovin Capital, which oversees $849 million in assets under management and advisement, and marks CWA’s first location in Utah and second office in Arizona. 

Terms of the transaction, which also marks CW Advisors’ second location in California, were not disclosed. 

“By joining forces with CWA, with whom we share a client-centric culture, we can expand our offering to clients, leveraging resources and expertise across the platform.” Frantz said. 

Last August, Osaic acquired CW Advisors from Audax Private Equity, and Osaic provides capital and strategic resources to support CW’s ongoing growth initiatives. 

CW Advisors, which was founded in 2009, was previously known as Congress Wealth Management before rebranding in 2024 and manages $16 billion in total client assets. 

Pictured: Chris Frantz (Left), Philippe Oertle (Middle) and Bradd Donovan (Right)