Advisory M&A News – 2/25/2026

CAPTRUST Adds Tampa Adviser Team

CAPTRUST Financial Advisors announced that Suncoast Prosperity Advisors, a wealth management practice and a division of Tampa, Florida-based Suncoast Equity Management, has joined CAPTRUST.

Led by President Jeff Strouse and supported by a team of eight professionals that includes Senior Advisers Beth Neal and Terri Ritchie, Suncoast Prosperity Advisors provides wealth management services to private wealth clients. The firm has approximately $830 million in assets and expands CAPTRUST’s presence in Tampa with a second office, in addition to new locations in Sanibel, Florida, and Highlands, North Carolina.

Suncoast Equity Management, which will continue operating independently as a boutique investment management company.

OneDigital Acquires Derse Morgan Financial Advisors

OneDigital Investment Advisors LLC announced the acquisition of Derse Morgan Financial Advisors, an independent financial planning and investment firm with clients across North Carolina, South Carolina and 21 other states. The acquisition expands OneDigital’s presence in North Carolina and South Carolina.

Led by Managing Partner Tim Alessi, Derse Morgan has served clients for more than 20 years with a focus on individuals, families, professionals and executives in industries such as technology, health care, pharmaceuticals, banking, aviation and motorsports.

The Derse Morgan team includes Chief Operating Officer Matthew Shahady, as well as Financial Advisers Tom O’Connor and Ethan Alessi. They will continue to serve their clients while also gaining access to OneDigital’s advisers and expanded financial services platforms.

As of September 30, 2025, OneDigital oversaw $151 billion in assets under advisement. Derse Morgen reported $330 million in assets under management as of December 31, 2025.

Osaic Channel Welcomes $1.2B Bard Financial Services

Osaic Inc. announced that Branford, Connecticut-based Bard Financial Services Inc., an advisory firm overseeing $1.2 billion in assets under management, has joined Oasic’s Empowered Independence channel.

Bard Financial serves clients nationwide, offering comprehensive wealth management and retirement plan services, including 401(k) consulting.

Bard Financial has partnered with Osaic since 1986. By transitioning to the Empowered Independence model, its team is aligning its strategy to support succession and operational scale.

The team is led by Financial Adviser Kenneth Spitzbard, a 40-year industry veteran, alongside Financial Adviser Partner Jeffrey Welsh, who has 33 years of experience, and Managing Director Julie Cross Hoko, Wealth Adviser Mickey Goldberg and Senior Operations Professional Jackie Weston.

Bard Financial will continue to leverage Osaic’s brokerage and advisory platform while operating under Osaic’s corporate retirement investment adviser. The model provides infrastructure, compliance oversight and technology resources.

NewEdge Advisors Adds $1B New York Team

NewEdge Capital Group LLC announced the affiliation of Seven Bridges Wealth Advisors of White Plains, New York, with NewEdge Advisors, the firm’s registered investment adviser. The New York team joins from Ameriprise Financial, where it managed approximately $1 billion in client assets.

Led by Managing Partners Max DiSesa, Andrew Buscetto, David Mazzetti and Joseph Femia, Seven Bridges Wealth Advisors has 14 professionals serving entrepreneurs and senior executives with complex planning needs.

Founded in December 2020 as NewEdge Wealth, NewEdge has evolved to support both NewEdge Advisors and NewEdge Wealth, serving elite advisers and their clients, with more than $88 billion in client assets as of December 31, 2025.

Mid-Atlantic Advisers Joins Prime Capital Financial

Prime Capital Financial announced its expansion into the Mid-Atlantic region by adding Financial Advisers Joan Greenspon and Amanda Salyer, both based in the Philadelphia area.

Greenspon brings more than a decade of experience and provides financial advice across retirement, investments, insurance, tax strategy and estate planning.

“Joan’s background supporting families through complex financial decisions aligns well with our client-first approach, and we’re pleased to have her join the team,” said Glenn Spencer, Prime Capital Financial’s CEO, in a statement.

Salyer is a seasoned financial adviser with experience helping clients with investments, tax strategies, estate planning and retirement planning.