It was a busy week for RIA aggregators.
There have been just a few giant strikes, together with $235 billion multi-family workplace Cresset bringing on Heather Pelant from Baker Avenue Advisorsthe place she had beforehand managed about $2 billion in shopper property. Retirement, wealth and advantages agency OneDigital, within the meantime, introduced two RIA acquisitionsbringing its complete shopper property to over $1.73 billion.
As well as, Beacon Pointe Advisors, a registered funding advisor with $62 billion in shopper property, acquired The Monetary Advisorsan RIA with $1.2 billion in AUM. However the Newport Seashore, Calif.-based aggregator wasn’t carried out making information: just a few days later, it introduced that CEO Shannon Eusey had made the “private choice” to step down from the function to turn into chair of the board, with President Matt Cooper taking the highest job.
In the meantime, three different energetic aggregators and recruiters had some offers to tout to spherical out February—with EP Wealth and Captrust pulling off a hat trick so far in 2026.
EP Wealth Pronounces third Deal of 2026
EP Wealth Advisors, a Torrance, Calif.-based fee-only registered funding advisor with over $42.2 billion in property, has acquired Phoenix-based Thompson Wealth Administration, including over $300 million in AUM to the fee-only registered funding advisor.
Founder and CEO Neal Thompson and his staff of six left unbiased dealer/seller Harbour Investments to hitch EP Wealth, based on BrokerCheck.
Thompson based the agency in 2010, specializing in representing federal workers. The agency will now tackle the EP Wealth model title and function below regional administrators M.J. Nodilo and Adrian Larson.
“Neal Thompson and his staff convey deep expertise supporting federal workers, and we’re excited to assist them construct on that basis with the sources, know-how and superior capabilities of our Arizona community,” Ryan Parker, CEO of EP Wealth, stated in an announcement.
The deal is EP Wealth’s third of the 12 months. The RIA gained one other investor in September 2025 when Ares Administration bought a minority stake, becoming a member of present minority shareholder Berkshire Companions.
Captrust Acquires $830M Tampa-based Wealth Unit
Captrust Monetary Advisors, a Raleigh, N.C.-based registered funding advisor with greater than $1 trillion in property below advisement and administration, has made its third deal of the 12 months for Suncoast Prosperity Advisors.
Suncoast Prosperity is a Tampa-based wealth supervisor overseeing $830 million in shopper property and with extra workplaces in Sanibel, Fla., and Highlands, N.C.
The group was previously a division of Suncoast Fairness Administration, which is able to proceed to function as an unbiased funding administration agency.
Suncoast Prosperity is led by President Jeff Strouse and features a staff of eight, together with senior advisors Beth Neal and Terri Ritchie.
Eric Bailey, Captrust’s principal and southeast regional chief, stated in an announcement that the group “provides significant depth to our personal wealth enterprise.”
Prime Capital Provides Advisors Cited in Authorized Dispute with Edelman
Prime Capital Monetary introduced this week that it has introduced on two new advisors from Edelman Monetary Engines’ monetary planning staff.
The transfer had already been highlighted amid allegations of poaching by Edelman, which sought a brief restraining order. This week, Prime Capital filed an opposition to the TRO requestarguing that the Delaware federal courtroom overseeing the case lacks the jurisdiction to concern it and that Edelman is not going to undergo irreparable hurt if it’s not granted.
Prime Capital, an Overland Park, Kan.-based RIA with over $30 billion in property, introduced this week that it had added Amanda Salyer and Joan Greenspon to its Philadelphia-area staff. In keeping with the courtroom filings, the 2 had managed over 650 shoppers and $550 million in property in Edelman’s West Conshohocken, Pa., workplaces.
Joan Greenspon had been with Constancy Investments till 2013, after which she moved to Edelman Monetary, the place she rose to the title of government director of monetary planning, based on BrokerCheck and her LinkedIn. She joined Prime Capital after over 12 years on the RIA.
Greenspon has expertise in retirement planning, investments, insurance coverage, tax technique and property planning.
Salyer had been with Constancy for about eight years till 2019, based on BrokerCheck. She then served as a director of monetary planning at Edelman Monetary for about six years, based on her LinkedIn.
She has expertise in monetary planning for people and households, together with investments, tax technique, property planning, retirement technique and long-term precedence setting.
In 2024, a number of former Edelman workers who left for Prime Capital sued their former employer to attempt to break their contracts.
Since then, Edelman has been pushing again in lawsuits in opposition to Prime Capital, together with a dispute from early 2025when Edelman added Prime Capital as a defendant in three ongoing lawsuits, accusing the agency of serving to former Edelman advisors steal confidential data and soliciting former shoppers. Edelman later sued Prime Capital straight, with the latter looking for a pause to the swimsuit as the problems have been already being labored by means of, however the choose has not but dominated on the case.
Prime Capital has been constructing its holistic shopper companies, spanning wealth administration, household workplaceretirement plan consulting, tax advisory and monetary wellness.
Raymond James Attracts Advisors from Commonwealth That Had Overseen $400M
Raymond James has efficiently recruited extra Commonwealth Monetary Community advisors since LPL Monetary’s acquisition of the nationwide dealer/seller again in August 2025.
Michael Compiano and Dan Porter will be a part of the St. Petersburg, Fla.-based Raymond James after managing greater than $400 million with Commonwealth. The 2 had been with the dealer/seller for 9 years at their apply, Two Oaks Wealth in West Des Moines, Iowa, based on BrokerCheck. That they had been working within the business because the Nineteen Nineties.
The duo provides monetary planning, retirement-focused steerage and wealth counseling for people and households. They’ll be joined by monetary assistant Shelly Kooiker and workplace supervisor Meghan Workman, and stay of their West Des Moines location.
“Raymond James provides us the dimensions, sources and adaptability to assist our shoppers with out altering who we’re or how we serve them,” Porter stated in an announcement.
In keeping with Wolfe AnalysisRaymond James has gained over probably the most Commonwealth advisors in a recruiting push by LPL rivals because the acquisition. Kestra Holdings and Cambridge Funding Analysis have additionally drawn a variety of advisors within the aftermath.
For its half, LPL executives stated on a fourth-quarter earnings name in January that the dealer/seller was retaining bigger, high-quality Commonwealth advisors and had secured a dedication for complete property within the low 80% vary.
