Cerity Partners continues to expand its foothold in the Rocky Mountain region with the acquisition of Janiczek Wealth Management, a Denver-based registered investment advisor managing over $1.1 billion in assets.
This acquisition builds on Cerity’s earlier 2024 purchases in the Denver market, including Wealth Legacy Institute and Keating Wealth Management. Together, these three acquisitions bring approximately $1.4 billion in additional assets under management to Cerity.
In April, Cerity also merged with Agility, a Denver-based outsourced chief investment officer serving high-net-worth individuals, family offices, and nonprofits.
Founded in 1990, Cerity Partners is one of the nation's largest independent investment advisors, reporting $85.6 billion in assets in its latest Form ADV filing. Based in New York, Cerity ranks No. 7 on Barron’s 2024 list of mega RIA firms.
Similar to Cerity, Janiczek focuses on serving high-net-worth and ultrahigh-net-worth clients. “They’ve consistently delivered specialized, integrated, and personalized wealth management services to affluent clients for over three decades,” says Claire O’Keefe, Cerity’s head of partner development. “This partnership strengthens our capabilities to serve this vital client segment and reinforces Cerity’s commitment to offering top-tier financial advice and services in key markets like Denver.”
Cerity Partners has been one of the most active acquirers in the wealth management space. In 2023 alone, the firm completed seven acquisitions, according to data from DeVoe & Co., a leading consultancy and investment bank tracking deal activity in the RIA sector. Only four firms made more acquisitions last year, according to DeVoe. Cerity also acquired seven firms in 2022.
The acquisition of Janiczek Wealth Management was finalized on September 30.
