Key Highlights

  • Choreo has acquired a $700 million RIA based in Wilmette, Illinois.
  • The acquisition marks Choreo's latest expansion in the wealth management sector.
  • Choreo's wealth management capabilities have been enhanced through the acquisition.

Choreo has expanded its wealth management presence through the acquisition of a $700 million RIA based in Wilmette, Illinois. The acquisition is part of Choreo's strategic expansion in the wealth management sector, as it continues to grow its presence in the market.

The acquired RIA, founded in 1996, specializes in business transitions, liquidity events, and retirement. This expertise will complement Choreo's existing services, enabling the company to offer a more comprehensive suite of solutions to its clients.

Choreo has acquired about $2 billion in assets under management (AUM) in 2026, with this acquisition being the latest addition to its portfolio. The deal terms were not disclosed, but the acquisition is expected to enhance Choreo's capabilities in the wealth management space.

The acquisition is a strategic move by Choreo to expand its reach in the wealth management sector. Choreo's CPA partner program, the Choreo Partner Alliance, is also expected to benefit from the acquisition.

Investor Insights

Following the acquisition, the eight-person team from the acquired RIA, led by Peter M. Maris and Brian Pugal, will join Choreo. Alexandra Moise will continue to lead the six-person client service team. The acquisition is expected to enhance Choreo's capabilities in the wealth management space, enabling the company to better serve its clients and drive growth.

This article is for informational purposes only and does not constitute financial advice. Please consult a licensed financial adviser before making investment decisions.