A Boston-based Registered Investment Advisor (RIA), CW Advisors (CWA), has recently broadened its operational footprint by acquiring Delta Financial Group, a New Jersey-based fee-only RIA. This strategic move, supported by Gladstone Group, brings an additional $1.3 billion in assets under management to CWA's portfolio. Furthermore, CWA also acquired Leathe & Associates, an advisory firm based in Maine. These acquisitions have not only bolstered CWA’s professional expertise but also expanded their geographical presence across the United States. The company now operates 15 offices nationwide and manages over $12 billion in assets with a team of more than 125 professionals.
Headquartered in Boston, CW Advisors has long been recognized for providing comprehensive wealth solutions tailored for high-net-worth individuals, families, foundations, and endowments. Their recent acquisition of Delta Financial Group highlights their commitment to enhancing their service offerings in the Mid-Atlantic region. With this addition, CWA now boasts six regional offices spanning from metropolitan New York City down to Richmond, Virginia. According to Scott Dell’Orfano, CEO of CWA, the integration of Delta's talented team further strengthens their organizational capabilities while expanding their robust presence in the region.
In addition to the Delta acquisition, CW Advisors completed another significant deal earlier this month by acquiring Leathe & Associates, a Maine-based RIA founded in 2004 by Jeffrey Leathe. Although financial details surrounding both transactions remain undisclosed, these moves solidify CWA's position as a leading player within the financial advisory sector. By strategically expanding their network, CWA aims to deliver enhanced value through diversified services such as financial planning, investment consulting, and management.
These acquisitions follow CWA's earlier purchases earlier this year, including Aspire Wealth Management and Fernwood Investment Management, which added over $800 million in assets. Each acquisition aligns with CWA's mission to serve high-net-worth clients with personalized strategies designed to meet their unique needs. Operating out of Waltham and Quincy, Massachusetts respectively, Aspire and Fernwood brought specialized expertise in financial planning and investment management to the table.
Through these strategic expansions, CW Advisors continues to strengthen its national influence while maintaining a client-centric approach. Their growing network of offices and skilled professionals ensures that they can offer tailored wealth solutions across various regions. By leveraging the combined expertise of their newly integrated teams, CWA remains committed to delivering exceptional service and driving growth for their diverse clientele.