Waterloo Capital Expands Its Reach with Acquisition of Ironclad Wealth

On July 1, 2026, Waterloo Capital, L.P., a registered investment advisory firm based in Austin, Texas, announced an acquisition that promises to reshape its local wealth management landscape. By acquiring a stake in Ironclad Wealth, a well-regarded advisory practice also based in Austin, Waterloo Capital not only diversifies its service offerings but also solidifies its commitment to serving the Austin community.

Merging Forces for Greater Impact

The new partnership will operate under the unified name of Waterloo Capital, a strategic move aimed at enhancing the company’s presence in the local market. With this merger, both firms are positioned to benefit from a shared ethos of commitment to the families and individuals they serve in the Austin area.

Mark McAdams and Steven Livitz, Ironclad Wealth’s directors, expressed their enthusiasm about the collaboration, stating, “By partnering with Waterloo Capital, we can provide institutional-grade asset management, advanced financial planning, and dedicated family office services to the families we serve in Austin and beyond.” This partnership is expected to unlock a comprehensive array of institutional-level capabilities previously not available to Ironclad’s client base.

Benefits for Ironclad Wealth Clients

For existing clients of Ironclad Wealth, this transition presents a significant advantage. They will now gain access to an expanded infrastructure that includes sophisticated financial planning techniques, enhanced asset management services, and tailored family office offerings. Ironclad's notable reputation in the local market, combined with Waterloo Capital’s extensive resources and commitment to client satisfaction, generates a powerful synergy that enhances the service experience.

CEO John Chatmas noted, “Ironclad Wealth has established an impressive reputation with a loyal customer base in our backyard. By combining their proven track record with our extensive infrastructure, we can offer more families the tools they need for careful retirement planning and elevate asset management to an institutional-standard level.”

Strategic Growth: More Than Just an Acquisition

This acquisition signifies a calculated move in Waterloo Capital's broader growth strategy, which emphasizes disciplined and advisor-focused expansion. The firm aims to recruit like-minded financial advisors who share its customer-first philosophy and commitment to providing institutional-quality services to individual investors and families.

Since its inception, Waterloo Capital has quickly risen to prominence as one of the fastest-growing Registered Investment Advisors (RIAs) in the country. The firm was recognized as one of USA TODAY’s top financial advisory firms for 2026, a testament to its growth trajectory and market trust.

Waterloo Capital’s dedication to individual investors is further highlighted by its inclusion in Citywire RIA's esteemed “50 Growers Across America” list, underscoring its rapid growth and the deep trust placed in it by clients.

About the Firms

Waterloo Capital

Founded and headquartered in Austin, Texas, Waterloo Capital specializes in institutional asset management, advanced financial planning, and family office services tailored for individuals, families, and institutions. Its rapid growth has positioned it as a frontrunner in the sector.

Ironclad Wealth

Ironclad Wealth, led by Mark McAdams and Steven Livitz, serves individuals and families by employing disciplined investment management and customized financial planning. With this newly forged partnership with Waterloo Capital, Ironclad is now equipped to offer a broader range of services.

As Waterloo Capital continues to push the boundaries of what's possible in wealth management, the partnership with Ironclad Wealth represents a pivotal moment, promising enhanced services and significant community impact in Austin and beyond.