Advisory M&A News – 6/24/2026

Chocorua Wealth Management Launches Under Osaic Wealth

Chocorua Wealth Management LLC, an independent wealth management firm, was launched by Financial Adviser Brent Holcombe in affiliation with Osaic Wealth Inc.

The Albany, New Hampshire-based firm will be supported by Innovative Financial Group, Osaic Wealth’s office of supervisory jurisdiction.

Holcombe has more than 30 years of experience in the financial service industry.

LPL Financial Buys Tribute Financial

LPL Financial LLC added financial advisers of Tribute Financial to LPL’s broker/dealer and registered investment adviser platform.

Tribute Financial President and CEO Kevin Daniels’ team of advisers, including Martin Nadeau, Zach Daniels, Scott Kearns and Caleb Sanders, oversaw more than $500 million in advisory, brokerage and retirement plan assets as of year-end 2025. Tribute Financial joins LPL from United Planners Financial Services.

LPL Financial Holdings Inc. has more than 32,000 financial advisers and services approximately $2.3 trillion in brokerage and advisory assets.

Maridea Wealth Management Acquires Ashford Investment Advisors

Maridea Wealth Management LLC acquired Ashford Investment Advisors, a Daytona Beach, Florida-based wealth management firm with $180 million in assets under advisement and management.

Ashford Investment Advisors is owned by Lead Adviser Kathleen Dulko, who purchased the firm from her parents, who founded the company. Ashford’s adviser team will continue to work with the same clients, with access to Maridea’s proprietary tax services, expanded investment research capabilities and broader planning infrastructure.

Pierstone Wealth Management Opens as Independent Advisory Firm

Pierstone Wealth Management launched its new, New York City-based, independent advisory firm, which focuses on providing wealth planning and investment counsel services to LGBTQ+ clients and their allies, women, business owners and executives.

Pierstone was co-founded by Kyle Young, managing partner and senior wealth adviser, and Steven Salton, partner and director of business operations.

Genesis Wealth Adds $725M J.P. Morgan Adviser

Genesis Wealth, a wealth management platform within LPL Financial LLC, added veteran Adviser Alan Feutz from J.P. Morgan Securities.

Feutz, who previously oversaw $725 million in client assets, will work from Genesis Wealth’s newly opened Chicago office.

Genesis Wealth was founded in 2024 and its advisers currently service more than $3 billion in client assets.