RWA Wealth Partners Enhances West Coast Operations by Acquiring Moirai Wealth Management

RWA Wealth Partners Expands West Coast Presence

RWA Wealth Partners, a prominent player in the wealth management sector, has recently announced a significant milestone by acquiring Moirai Wealth Management. This acquisition marks a strategic enhancement of RWA's operations on the West Coast, adding $344 million in new client assets to its portfolio, elevating its total to an impressive $18 billion.

Based in San Francisco, Moirai Wealth Management is an independent registered investment adviser (RIA) founded by Karen M. Schmid, CFA, in 2000. Schmid, who has built a strong reputation for providing tailored wealth management solutions to high-net-worth and ultra-high-net-worth individuals, underscores the alignment of values between her firm and RWA. "From the moment I met Michelle and her team, I felt a strong connection. Our dedication to delivering a high-touch client experience aligns perfectly," Schmid commented on the acquisition.

A Strategic Move in Wealth Management

Michelle Knight, CEO of RWA Wealth Partners, emphasized the importance of this acquisition in the company's growth strategy. The integration of Moirai's team and expertise enriches RWA's Family Office division, which is crucial as the firm aims to strengthen its stature as a leading boutique wealth management firm in the nation. Knight acknowledged the exceptional work that Schmid has accomplished over the past 25 years in establishing Moirai.

Moirai’s operations will complement RWA's existing services, enhancing their investment management capabilities, tax strategy, trust and estate planning processes. Schmid remarked, "Joining RWA will allow us to combine our expertise and further improve the experience we deliver to our clients."

Expanded Team and Future Prospects

Following the acquisition, RWA Wealth Partners will now operate two offices in California, boasting a total of 14 employees, including Moirai's four-member team. This expansion signifies RWA's commitment to growing its presence in the lucrative West Coast market. In a proactive step, RWA plans to open a new office in downtown San Francisco in the Fall of 2025, further solidifying their impact in the region.

The deal officially closed on August 15, 2025, signaling an exciting chapter for both firms as they collaborate toward delivering superior wealth management solutions to clients.

About RWA Wealth Partners

Established with a mission to help individuals and families navigate their financial journeys, RWA Wealth Partners stands out as one of the largest women-led registered investment advisers in the United States. The firm is not only renowned for its shared commitment to client-focused solutions but also boasts a network of offices across the country from Boston to California. As RWA continues to grow, the firm remains dedicated to helping clients create and sustain wealth across generations, evidenced by its expansion initiatives and strategic partnerships.

For further insights and updates, visit RWA Wealth Partners or follow them on LinkedIn.