On January 11, 2023, Cerity Partners merged with Ashfield Capital Partners.
Under the terms of the transaction, Cerity Partners LLC (“Cerity”) merged with Ashfield Capital Partners (“Ashfield”). The transaction was financed by a mix of stock and cash, with further financial terms not disclosed.
Cerity, based in New York, is a registered investment advisor that offers financial planning to individuals, families, businesses, and nonprofit organizations. Cerity has approximately $44 billion in assets under management.
Ashfield, based in San Francisco, is a private wealth management firm. Ashfield manages $1.9 billion in client assets.
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