CW Advisors, LLC (“CWA”), a registered investment advisor (“RIA”), headquartered in Boston, announces it has partnered with Agili, an independent, fee-only firm that blends financial planning, investment strategy and strategic services. The deal adds $1.2 billion of assets under management to CWA.

Agili will adopt the CWA name and brand, and each of its offices in Richmond, VA and Bethlehem, PA will remain open.

Since 1993, Agili has served high-net-worth individuals and families throughout the country. Through their tailored “Personal CFO” offering, the Agili team provides personalized planning and investment management to forge long-lasting relationships with clients and put in place strategies seeking to preserve and grow generational wealth.

“We are excited for this partnership and to welcome Agili’s clients and team members to CW Advisors,” said Paul Lonergan, Chief Executive Officer of CWA. “As one of the nation’s earliest fee-only financial planning firms, Agili is a pioneer in this sector. The team’s responsive and innovative service to clients makes them an ideal fit. Agili brings impressive infrastructure and resources that can benefit CW Advisors’ larger organization and our clients.”

CWA has 11 offices across the country, 113 employees and over $10 billion of assets under management, following the addition of Agili. Agili President Michael Joyce, CFA, CFP^®, will become Executive Managing Director, Mid-Atlantic Leader for the combined firm.

“We’re thrilled to join CW Advisors,” said Joyce. “This partnership should bring significant benefits to our clients and team. Our firms’ shared values and approach to support clients made this a compelling move. We look forward to becoming a part of the CWA team and leveraging their platform to continue to deliver exceptional client service.”

“By bringing together CW Advisors and Agili, we see an attractive opportunity to continue our strategic expansion,” added Scott Dell’Orfano, Chief Strategic Officer at CWA. “Our combined expertise and resources will allow us to enhance the firm’s investment and service offerings, while positioning the firm for continued growth.”

Terms of the transaction, which officially closed on August 16, 2024, were not disclosed.  This is the fourth, and largest, deal for CWA since commencing its partnership with Audax Private Equity in June 2023.