Advisory M&A News – 3/25/2026

Moss Adams Wealth Advisors Goes Independent, Rebrands

Moss Adams Wealth Advisors LLC announced its transition to an independent firm and its rebranding as Threadline Wealth.

The transition follows Moss Adams’ merger with global advisory firm Baker Tilly Capital LLC in June 2025. Threadline Wealth will operate as a fully independent registered investment advisory firm and remains in positive standing with Baker Tilly, according to the announcement.

As Threadline Wealth, the firm will preserve its existing leadership team and advisory professionals, and it will add a strategic partner, Cynosure Group LLC.

LPL Adds Gibson Financial Group to Linsco

LPL Financial LLC announced that Financial Advisers Kelly Lawrence and Vin Sbano have joined Linsco by LPL Financial from B. Riley Wealth Management Inc. to launch Gibson Financial Group of LPL Financial. The team reported serving $180 million advisory, brokerage and retirement plan assets.

Gibson Financial Group, based in Boston, is supported by David MacDonald, senior LPL-registered client service associate, who will play a role in the group’s day-to-day operations and client experience.

LPL supports more than 32,000 financial advisers and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $2.4 trillion in brokerage and advisory assets.

Beacon Pointe Advisors Expands With 2 Additional Teams

Beacon Pointe Advisors LLC announced its acquisition of MGB Wealth Management LLC in Addison, Texas, which will join Beacon Pointe’s existing Dallas team, and Pacifica Wealth Advisors Inc. in Franklin, Tennessee and Irvine, California, which will partner with the existing team in Newport Beach, California. These additions bring $695 million in total assets under advisement to Beacon Pointe.

With the addition of MGB Wealth Management, Beacon Pointe’s Dallas-Fort Worth presence has approximately $8 billion in regional client assets under advisement.

MGB has $475 million in assets under management and is led by Founder Michael G. Bailey.

Pacifica Wealth Advisors was founded by Partner and Senior Wealth Adviser Robert Pagliarini and has $220 million in AUM.

The acquisition of MGB Wealth Management formally closed on February 28, and that of Pacifica Wealth Advisors formally closed on February 15. Beacon Pointe Advisors oversees approximately $62 billion in client assets under advisement, supported by more than 750 team members.

Husband-Wife Adviser Team Joins Osaic From LPL

Osaic Inc. announced the Finance Couple has joined Osaic from LPL Financial, bringing $204 million in client assets. The Greenville, South Carolina-based advisory firm founded by husband-and-wife team Tim Curran and Wynne Curran joined Osaic through its office of supervisory jurisdiction, Innovative Financial Group LLC.

The Finance Couple is a boutique financial planning and asset management firm specializing in financial planning and asset management for couples and women approaching, or in, retirement.

The Currans have more than 35 years of combined experience. Joining them in the transaction is their client services director, Megan Jette.

Composition Wealth Hires $900M Team

Composition Wealth LLC, a nationally registered investment adviser with more than $10 billion in assets and 125 employees nationwide, announced a merger with Edgewater Wealth Management of Tacoma, Washington.

The Edgewater-based team of 16 includes eight wealth advisers, controlling $900 million in total client assets at its former firm, Northwestern Mutual Private Client Group.

The Edgewater team was founded in 2019 by Partners and Private Wealth Advisers C.W. Middleton and Tyler Hjelseth. In 2022, Private Wealth Adviser Kevin Johnson joined as a third partner.