Cerity to Merge with Bingham, Osborne & Scarborough


December 6, 2021

On November 23, 2021, Cerity Partners announced that it had merged with Bingham, Osborn & Scarborough, LLC.

Under the terms of the transaction, Cerity Partners (“Cerity”) has merged with Bingham, Osborn & Scarborough, LLC (“BOS”). The combined firm will operate under the Cerity Partners name and have approximately $40 billion assets under advisement. Carol Benz of BOS will join the new firm as chief people officer and David Newson of BOS will join as chief marketing officer. Further terms of the deal were not disclosed.

Cerity, based in New York, is a national independent financial advisory firm serving high-net-worth individuals and their families, businesses and their employees, and nonprofit organizations from its offices across the country.

BOS, based in San Francisco, is an investment manager serving high-net-worth clients throughout the Bay Area. Berkshire Global Advisors advised BOS on the deal.

To read the press release: please click here.

The opinions expressed are those of the author(s) and do not necessarily reflect the views of the firm or its clients, or any of its or their respective affiliates. This article is for general information purposes and is not intended to be and should not be taken as legal advice.