Osaic's CW Advisors Acquires Three RIAs, Targets Eight Deals This Year

The Boston firm added $1.6 billion in assets across California, Massachusetts and Texas, bringing its total to $19.7 billion.

By the Family Office Real Estate Daily Desk·Monday, November 9, 2026·1 min read

Editorial summary of reporting byWealthManagement.com Our editorial standards →

The answer · checked against WealthManagement.com

Which firms did CW Advisors acquire and what is its total AUM after the deals?

CW Advisors, a Boston-based RIA owned by Osaic and backed by Reverence Capital Partners, has acquired Yosemite Capital Management, Threadgill Financial, and Peddock Capital Advisors, adding a combined $1.6 billion in AUM. The three deals bring CW Advisors to $19.7 billion in total AUM across 30 offices and put the firm on track for eight acquisitions in 2026, according to a spokesperson.

Key facts

CW Advisors acquired Yosemite Capital Management, Threadgill Financial, and Peddock Capital Advisors, with the Peddock transaction also including tax practice Peddock Tax Services, LLC, according to a CW Advisors spokesperson.
The three acquisitions added a combined $1.6 billion in assets under management, bringing CW Advisors' total AUM to more than $19.7 billion across 30 offices nationwide.
CW Advisors is on track to complete eight firm acquisitions in 2026, according to a spokesperson.
CW Advisors is owned by independent broker/dealer Osaic, which oversees $810 billion in assets under management and advisement.
The three new teams added five offices across California, Massachusetts, and CW Advisors' first Texas locations in The Woodlands and League City.
Reverence Capital Partners closed a recapitalization of Osaic in 2026 that raised more than $2 billion in capital, including from new investor Bain Capital.

Osaic's CW Advisors Acquires Three RIAs, Targets Eight Deals This Year — Image: editorial illustration · Story sourced from WealthManagement.com

CW Advisors, a Boston registered investment advisor owned by independent broker-dealer Osaic, acquired three RIAs overseeing a combined $1.6 billion in assets under management, the firm said. The deals put CW Advisors on track to acquire eight firms in 2026, a spokesperson said.

The firm acquired Yosemite Capital Management, Threadgill Financial and Peddock Capital Advisors. The Peddock transaction included tax practice Peddock Tax Services. The three teams add five offices across California, Massachusetts and CW Advisors' first Texas locations in The Woodlands and League City.

Following the deals, CW Advisors operates 30 offices nationwide and oversees $19.7 billion in assets under management. The firm managed $13.5 billion when chief executive Scott Dell-Orfano sold it to Osaic. Dell-Orfano was acquiring firms before that sale.

CW Advisors accounts for a small portion of Osaic's $810 billion in assets under management and advisement. The moves reflect chief executive Jamie Price's thesis that an independent broker-dealer can run a successful fee-only channel to both attract external advisors and keep internal ones seeking to shed commission-based business.

Osaic is majority-owned by private equity firm Reverence Capital Partners. Reverence closed on a recapitalization of Osaic this year that raised more than $2 billion in capital, including from new investor Bain Capital.

Gladstone Associates represented Peddock in its move. Boardwalk Financial Partners advised Yosemite and Threadgill.

The Deployment Angle

Family Office Real Estate Daily Desk · our analysis, not the source's

Family offices evaluating advisory-platform exposure through Osaic should isolate CW Advisors' economics from the parent IBD's commission business. The $19.7 billion fee-only channel represents roughly 2.4 percent of Osaic's $810 billion total, meaning operational risk sits primarily with the larger broker-dealer model rather than the RIA rollup.

The recapitalization that raised $2 billion including Bain Capital suggests Reverence is funding acquisition velocity with fresh equity rather than leverage, which improves loss-absorption if integration stalls. A family office considering co-investment alongside Reverence should pressure-test Dell-Orfano's ability to onboard eight firms in twelve months without revenue attrition from departing advisors post-close.

The Texas entry through Woodlands and League City adds geographic diversification but also integration complexity across three new states in a single quarter. Direct co-investment at the CW Advisors level would require clear disclosure of advisor retention rates and organic growth versus inorganic AUM, neither of which the announcement provides. Absent that data, this reads as a platform scaling toward a secondary sale rather than a cash-yield story for current investors.

Questions this story answers

01Which firms did CW Advisors acquire and how much AUM did they add?

CW Advisors acquired Yosemite Capital Management, Threadgill Financial, and Peddock Capital Advisors, with the Peddock transaction also including tax practice Peddock Tax Services, LLC. The three firms added a combined $1.6 billion in assets under management, bringing CW Advisors' total to more than $19.7 billion.

02How many acquisitions is CW Advisors targeting in 2026?

CW Advisors is targeting eight acquisitions in 2026, according to a spokesperson. The three deals announced put the firm on track to meet that goal.

03Who owns CW Advisors and who is backing its acquisition strategy?

CW Advisors is owned by independent broker/dealer Osaic, whose majority owner is private equity firm Reverence Capital Partners. Reverence closed a recapitalization of Osaic in 2026 that raised more than $2 billion in capital, including from new investor Bain Capital.

04What is CW Advisors' total AUM and how does it compare to Osaic overall?

CW Advisors oversees more than $19.7 billion in assets under management following the three acquisitions. Osaic manages $810 billion in assets under management and advisement in total, meaning CW Advisors accounts for only a small portion of the parent firm's overall assets.

05Which advisors represented the acquired firms in these transactions?

Gladstone Associates represented Peddock Capital Advisors in its transaction. Boardwalk Financial Partners advised both Yosemite Capital Management and Threadgill Financial, according to the announcement.

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Original reporting

WealthManagement.com

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