TRPG Boosts Inorganic Growth with Three Q1 Acquisitions 

The Retirement Planning Group (TRPG), Cetera’s employee-based registered investment advisor, completed three acquisitions in Q1 2025, expanding into New York, California, and Washington state and adding approximately $180 million in assets. 

The acquisitions include: 

Hawkes Wealth Management, led by President Peyton R. Hawkes, based in Binghamton, NY. Founded in 1981 by Peyton’s father as Russell Hawkes Associates, Peyton joined in 1987. 

Wealtheon Advisors, based in San Ramon, CA, led by husband-and-wife team Jay and Valli Doraiswami, who sought greater flexibility and support to focus on client relationships. 

Financial Research, Inc., led by Jay Cowles, based in Seattle. The book of business will transition to an existing TRPG financial professional, managed collaboratively with the TRPG team. 

“We continue to experience strong interest from independent, client-centric financial advisors seeking to spend more time with their clients and less time running their business,” said Kevin Conard, CEO at TRPG. “Our latest acquisitions are examples of established wealth management professionals making a change for the benefit of their clients and their business by joining TRPG.   

Cetera Holdings acquired TRPG in May 2023. Headquartered in Leawood, KS, TRPG managed $2.63 billion in assets for over 2,000 clients as of October 25, 2024.