Aspen Standard Wealth Buys $550 Million Denver RIA in 9th Deal
Updated
Updated · InvestmentNews · Aug 5
Aspen Standard Wealth Buys $550 Million Denver RIA in 9th Deal
2 articles · Updated · InvestmentNews · Aug 5
Summary
Denver Private Wealth Management, which oversees about $550 million, gives Aspen Standard Wealth its first Colorado affiliate and ninth acquisition since late 2024.
Aspen said the deal fits its model of keeping acquired firms' names and leadership while adding capital, technology and back-office support to broaden client services.
The purchase follows Aspen's July acquisition of $1.3 billion CWS Financial Advisors and its March deal for roughly $1 billion BlueSky Wealth Advisors, extending a steady national rollout.
RIA consolidation remains intense: Echelon Partners counted 120 deals in the second quarter and 262 in the first half of 2026, with about 500 transactions projected for the full year.