Pearce Financial adds $143 million to Osaic amid multiple advisory M&A moves

Pearce Financial, a multigenerational family advisory firm based in Omaha, Nebraska, joined Osaic Inc. by transferring $143 million in client assets, gaining access to Osaic's integrated wealth‑management platform and expanded planning resources. At the same time, alternative‑investment firm Investcorp invested in Berger Financial Group, a wealth‑management platform with over $3 billion in assets under management; the Berger management team will retain significant ownership alongside Investcorp, which oversees $62 billion in assets globally. Waverly Advisors LLC also completed the acquisition of InVista Advisors, a Montgomery, Alabama firm managing $332 million, adding its partners to Waverly’s staff; Waverly now oversees roughly $35.6 billion in assets. Additionally, Corient Holdings tapped Seven Bridges Advisors for advisory support.