Pathstone to Buy $2B Texas RIA Brainard Capital Management

“Having known the Brainard team for a number of years, we always believed that working together would be mutually beneficial, and we couldn’t be happier to welcome our new team members in Austin,” he said in a statement.

Owen Brainard, who founded Brainard in 2004, said, “We believe that combining the resources and skill sets of our organizations will enhance our ability to service our clients at all stages of their wealth planning.”

Since it started, Brainard has “developed a niche by leveraging their expertise in advising technology entrepreneurs,” the firms said in their joint announcement.

The Brainard team “brings extensive experience advising clients in pre- and post-liquidity wealth structures,” the companies said, adding: “By coming together with Pathstone, the Brainard team will immediately be able to access Pathstone’s infrastructure, an expanded suite of services, and a deep bench of talent to broaden the scope of the services available to their existing clients and ultimately, accelerate growth in an attractive market segment.”

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