Osaic's Fee-Only RIA CW Advisors Acquires $849M RIA [Yahoo! Finance]
Wells Fargo & Company (WFC)
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Source: Yahoo! Finance
CW Advisors, the Boston-based registered investment advisor acquired last year by Osaic , has made its second acquisition since that move for fee-only RIA Rovin Capital, which operates out of offices in Lehi, Utah, and Mesa, Ariz. The acquisition expands CWA's presence in the western U.S. while bringing over total client assets under management and advisement of $849 million. Rovin, which will sunset its name and adopt the CW Advisors brand, is led by Markell Staffieri. He took over as CEO and president from his father and firm founder, Michael Staffieri, in 2025, according to the firm's website. Michael Staffieri remains chairman of the RIA, which has 15 employees, including six advisors. “Joining CWA allows us to elevate the service we provide to our clients with enhanced client solutions and access to expanded resources,” Markell Staffieri said in a statement. Scott Dell-Orfano continues to run CWA under Osaic ownership, which has emphasized it as an RIA channel for advi
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