Cerity Partners Acquires Gilbert & Cook to Enter Iowa Market
Cerity Partners, a New York-based registered investment advisor with over $160 billion in client assets, has agreed to acquire Gilbert & Cook, an Iowa wealth management firm managing about $2 billion. The acquisition is expected to close by the end of September 2026 and marks Cerity's expansion into the Iowa market. Gilbert & Cook was founded in 1993 by Linda Cook and focuses on serving individuals, families, and business owners with a relationship-driven approach. The firm will gain access to enhanced services such as financial planning, investment management, estate planning, and private family office solutions through its affiliation with Cerity. This acquisition follows Cerity's July 2026 purchase of Cordant Wealth Partners in Portland. Houlihan Lokey advised Gilbert & Cook on the deal.
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Topics: acquisition expansion wealth management