Adviser Investments Acquires Ropes Wealth Advisors

Adviser Investments and Ropes Wealth Advisors Join Forces

May 16, 2023

Adviser is proud to announce our new partnership with Ropes Wealth Advisors!

We announced today in a press release that we have agreed to acquire Ropes Wealth Advisors, a distinguished Boston-based firm that provides estate and financial planning services to families, trusts and institutions. Together, Adviser and Ropes Wealth will manage nearly $15 billion in client assets and have more than 185 employees, including wealth advisors, portfolio managers, financial planning specialists, and client service professionals providing customized wealth solutions through a planning-first, fiduciary-only model.

“We’re thrilled to partner with Ropes Wealth. The firm’s differentiated service offering, which is centered on high-net-worth clients, is as impressive as its talented executive leaders and deep bench of advisors,” said Adviser CEO Mario Ramos. “Their expertise in trust, estate and tax planning will be a game-changing addition to our wealth management platform.”

Mr. Ramos continued, “With this combination, we will deepen our leadership position serving wealth management clients with complex planning needs.”

Ropes Wealth Advisors, previously a wholly owned subsidiary of the global law firm Ropes & Gray, will retain its brand and offices and continue as the preferred provider of wealth management services to Ropes & Gray clients and partners.

Enhanced Legal Resources With Ropes & Gray

The co-chairs of the private client group at Ropes & Gray, Brenda Diana and Martin Hall, will also join the Adviser Investments management team, with Diana as chief fiduciary officer and Hall as managing director. In addition to their roles with Adviser, Diana and Hall will continue to offer legal services through a new law firm specializing in domestic and international estate, tax and charitable planning, estate settlement, and fiduciary administration.

The new relationship between Adviser Investments and Diana and Hall will enable wealth management clients of both Adviser and Ropes Wealth to benefit from leading tax planning and collaborative, coordinated legal advice.

Looking Ahead

Adviser and Ropes Wealth are highly complementary organizations in terms of vision, values and commitment to delivering exceptional service to individual and institutional clients. This excellent cultural and strategic match enables us to enrich our wealth management offerings. We look forward to all that we can achieve together.

Our statements and opinions are subject to change without notice. All investments carry risk of loss and there is no guarantee that investment objectives will be achieved.