Ascentis Independent Advisors in Dallas has recruited four advisory practices with more than $1 billion in client assets.
Capital Waypoint, Citrus Wealth Management, IMPACT Financial Strategies and Rooted Wealth Management, which operate offices in California and Colorado, join Ascentis from Raymond James Financial Services, Raymond James’ independent advisor channel. The practices will continue to use Raymond James as their primary custodian.
“Experienced advisors want the freedom to run their practices and the support to keep improving what they can deliver for clients,” said Michael Mansur, CEO of Ascentis Holdings. “Through Ascentis Independent Advisors, these teams can access deeper planning and investment resources, along with operational support designed to give them more time for their clients. Our role is to support their businesses while preserving their autonomy.”
Ascentis Holdings, which launched in January, includes Ascentis Independent Advisors, Ascentis Wealth Management and Ascentis Asset Management, which provide advisors with multiple options for operating independently.
“Established advisors want to keep expanding what they can offer clients without having to build and manage every new capability themselves,” Clint Sorenson, CEO and CIO of Ascentis Asset Management, said. “That was part of the appeal for these four teams. We look forward to bringing our investment expertise to their work, with support for portfolio construction, risk management and implementation.”
With the four new practices, Ascentis Holdings currently has nearly 50 advisors in 16 states representing more than $3 billion in client assets.
Capital Waypoint, which operates offices in Fresno and Monterey, California, oversees approximately $256 million in client assets. Led by Jarrod C. Martinez, Managing Director and Wealth Manager, the practice serves families and business owners. The team also includes Vlada Trostyanskaya, Registered Client Advisor; Cheryl Hurne, Operations Coordinator and Senior Registered Client Service Associate; and Sofia Cardoso, Administrative Assistant.
Citrus Wealth Management, based in Redlands, California, manages approximately $230 million in client assets. The practice serves retired utility company workers, healthcare workers and families. The company includes Jeff Marvin, President and Wealth Manager; Will Yeager, Branch Associate; and Michele Huckfeldt, Client Services Coordinator.
IMPACT Financial Strategies joins with approximately $303 million in client assets as of Sept. 15, 2026, and is based in Fort Collins, Colorado. IMPACT serves business owners, retirees and families with philanthropic and community interests, including clients navigating sudden wealth from inheritances or business exits.
Founded in 2019, the practice is led by Justin Davis and includes Timothy Murray, Investment Executive; Svetlana Koltun, Director of Operations; Sean Duffy, Wealth Planning Associate; Anna Frisby, Executive Assistant; and Stephanie Davis, Branch Professional.
Rooted Wealth Management, based in Modesto, California, manages approximately $275 million in client assets. The team includes Thad Ortez and Robert Powell, Founding Partners and Financial Advisors, and Lori Rivera, Client Service Associate. The practice serves retirees, people preparing for retirement and business owners.
The four practices operate under their own names.
“We are delighted to welcome Jarrod, Jeff, Justin, Thad and Robert, along with their teams, to Ascentis Independent Advisors,” Mansur said. “We appreciate the trust they have placed in us by taking this next step together. We look forward to working closely with each practice to support the client relationships they have spent years building and the businesses they want to grow.”
Thomas Lee, Senior Editor and Staff Writer at Wealth Solutions Report, can be reached at thomas.lee@wealthsolutionsreport.com.
