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  6. Steward Partners Acquires Longbridge Wealth Advisors

M&A Deal Summary

Steward Partners Acquires Longbridge Wealth Advisors

On August 12, 2025, Steward Partners acquired financial services company Longbridge Wealth Advisors from Ameriprise Financial

Acquisition Highlights
  • This is Steward Partners’ 6th transaction in the Financial Services sector.
  • This is Steward Partners’ 7th transaction in the United States.
  • This is Steward Partners’ 2nd transaction in Ohio.

M&A Deal Summary
Date 2025-08-12
Target Longbridge Wealth Advisors
Sector Financial Services
Buyer(s) Steward Partners
Sellers(s) Ameriprise Financial
Deal Type Divestiture

Target

Longbridge Wealth Advisors

North Canton, Ohio, United States
Longbridge Wealth Advisors provides retirement planning, investment management, and wealth advisory services to individuals, businesses, and non‑profit organizations. Longbridge Wealth Advisors is based in North Canton, Ohio.

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Buyer(S) 1

Buyer

Steward Partners

Washington, District of Columbia, United States
Category Company
Founded 2013
Sector Financial Services
DESCRIPTION

Steward Partners is an employee-owned, full-service independent partnership catering to family, institutional and multigenerational wealth. Steward Partners was founded in 2013 and is based in Washington, District of Columbia.

DEAL STATS #
Overall 7 of 7
Sector: Financial Services M&A 6 of 6
Type: Divestiture M&A Deals 2 of 2
State: Ohio M&A 2 of 2
Country: United States M&A 7 of 7
Year: 2025 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-07-01 Consilium Wealth Management

Danville, California, United States

Consilium Wealth Management offers financial planning and investment management services tailored to high-net-worth individuals and families. Consilium Wealth Management was founded in 2010 and is based in Danville, California.

Buy -

Seller(S) 1

SELLER

Ameriprise Financial

Minneapolis, Minnesota, United States
Category Company
Founded 1894
Sector Financial Services
Employees13,800
Revenue 17.3B USD (2024)
DESCRIPTION
Ameriprise Financial's corporate headquarters in downtown Minneapolis, Minnesota.
Ameriprise Financial's corporate headquarters in downtown Minneapolis, Minnesota.

Ameriprise Financial is a diversified financial services company that offers a broad range of products and services designed to achieve the financial objectives of individual and institutional clients. Ameriprise Financial was incorporated in 1894 and is based in Minneapolis, Minnesota.

DEAL STATS #
Overall 2 of 2
Sector: Financial Services M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: Ohio M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-08 BMO - EMEA Asset Management Business

London, United Kingdom

BMO's EMEA Asset Management Business accelerates Ameriprise’s strategy of growing its fee-based businesses and increasing the overall contribution of Wealth Management and Asset Management within its diversified business. BMO's EMEA Asset Management Business is based in London, United Kingdom.

Buy £615M
Mergr

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