Ascentis Independent Advisors added four advisory practices representing more than $1 billion in client assets, expanding its presence across California and Colorado.
The teams joining Ascentis Independent Advisors are Capital Waypoint, Citrus Wealth Management, IMPACT Financial Strategies, and Rooted Wealth Management.
All four practices are transitioning together from Raymond James Financial Services and will continue using Raymond James as their primary custodian.
The practices have operated together as a unified Raymond James branch since 2022.
Ascentis said the teams chose its platform to gain access to broader planning capabilities, investment solutions, and operational resources while maintaining their independence.
Through Ascentis Independent Advisors and the broader Ascentis Holdings organization, affiliated practices can access support across operations, compliance, technology, marketing, transitions, planning, and investment management.
Capital Waypoint
Capital Waypoint joins Ascentis with approximately $256 million in client assets and offices in Fresno and Monterey, California.
The practice is led by Jarrod C. Martinez, Managing Director and Wealth Manager, who has more than 30 years of experience.
The team also includes Vlada Trostyanskaya, Registered Client Advisor; Cheryl Hurne, Operations Coordinator and Senior Registered Client Service Associate; and Sofia Cardoso, Administrative Assistant.
Capital Waypoint works with successful families and business owners on long-term financial planning and major financial decisions.
Citrus Wealth Management
Citrus Wealth Management joins with approximately $230 million in client assets and is based in Redlands, California.
The practice is led by Jeff Marvin, President and Wealth Manager, who has 29 years of experience.
He is joined by Will Yeager, Branch Associate, and Michele Huckfeldt, Client Services Coordinator.
Citrus Wealth Management serves retired utility workers, healthcare professionals, and families.
Its Adaptive Financial Design process is focused on helping clients prepare for and transition into retirement while adapting to changes in their financial lives.
IMPACT Financial Strategies
IMPACT Financial Strategies joins with approximately $303 million in client assets as of September 15, 2026.
The Fort Collins, Colorado-based practice was founded in 2019 and is led by Justin Davis, a financial advisor with more than 25 years of experience.
The team also includes Timothy Murray, Investment Executive; Svetlana Koltun, Director of Operations; Sean Duffy, Wealth Planning Associate; Anna Frisby, Executive Assistant; and Stephanie Davis, Branch Professional.
IMPACT serves business owners, retirees, families with philanthropic interests, and clients navigating sudden wealth events such as inheritances and business exits.
Its planning process, known as the IFS Way, is designed to connect financial decisions with clients’ broader personal, family, and community goals.
Rooted Wealth Management
Rooted Wealth Management joins with approximately $275 million in client assets and is based in Modesto, California.
The practice is led by founding partners and financial advisors Thad Ortez and Robert Powell.
They are joined by Lori Rivera, Client Service Associate.
Rooted Wealth Management serves retirees, individuals preparing for retirement, and business owners.
Its approach combines investment research with ongoing planning and guidance based on clients’ financial needs, preferences, and risk tolerance.
Together, the four practices represent approximately $1.06 billion in client assets.
Ascentis Independent Advisors said the additions strengthen its platform for independent advisors seeking expanded planning and investment resources without giving up control of their businesses.
KEY QUOTES:
“Experienced advisors want the freedom to run their practices and the support to keep improving what they can deliver for clients. 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.”
Michael Mansur, CEO of Ascentis Holdings
“Established advisors want to keep expanding what they can offer clients without having to build and manage every new capability themselves. 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.”
Clint Sorenson, CIO of Ascentis Asset Management
“We are delighted to welcome Jarrod, Jeff, Justin, Thad and Robert, along with their teams, to Ascentis Independent Advisors. 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.”
Michael Mansur, CEO of Ascentis Holdings
