Our advisors utilize their experience and expertise and that of their colleagues to develop the best solutions for your complex personal and professional financial situations.
Actionable planning strategies to inform and guide your decision-making.
Cerity Partners announces merger with Fort Worth-based wealth management firm Karsten Advisors
CHICAGO, May 2, 2019 /PRNewswire/ — Cerity Partners, one of the nation’s leading independent wealth management and investment consulting firms, announced today it has merged with Fort Worth-based wealth management firm Karsten Advisors. This is the second merger for Cerity Partners of 2019, bringing the firm to nearly $22 billion in assets under advisement and eight offices nationwide.
Led by President and CIO Tom Karsten, Karsten Advisors provides comprehensive wealth management advice, including tax planning and preparation.
“Cerity Partners has proven to be the perfect partner for our firm – we share a core culture and philosophy that true financial advice extends to all aspects of a client’s financial life,” said Karsten. “Much like Karsten Advisors, Cerity Partners offers clients access to financial planners, CPAs and other professionals to ensure that they receive a comprehensive plan that addresses their complete financial situation. This is a concept that is central to how we developed our practice and was an absolute necessity when finding a partner.”
Cerity Partners’ newest colleagues bring deep knowledge of the regional markets in Texas and Colorado and decades of experience serving clients in-and-around the Fort Worth and Denver areas. With this extended team, Cerity Partners will be able to better serve the local communities in these states.
“An often-overlooked benefit of scale is the new perspectives brought by additional team members,” said Cerity Partners CEO and President, Kurt Miscinski. “We look forward to working with Tom and our other new colleagues from Karsten and using their experiences to build upon our expertise.”
Founded in 2009, Cerity Partners operates under a private partnership model and has built a strong reputation for serving high-net-worth individuals and their families, businesses and their employees and nonprofit organizations. So far in 2019, Cerity Partners has added nearly $12 billion in assets under advisement, a continuation of the firm’s strong growth in recent years.
Raymond James/Silver Lane served as financial advisor to Karsten Advisors for this deal.
Cerity Partners is a leading, national registered investment advisory firm serving high-net-worth individuals and their families, businesses and their employees, and nonprofit organizations from its offices across the country. The firm’s in-house experts of attorneys, tax advisors, financial planners and investment professionals are passionate about and committed to providing objective financial advice and oversight.
PARTNER, PRESIDENT & CEO
Tell us about yourself and your current financial situation without cost or obligation. Receive an introduction to a wealth management colleague, have a personal conversation, and get your questions answered.
James Izard II
Curious about learning more? Let’s talk.