CohnReznick has agreed to acquire the Aldrich group of companies, significantly expanding its West Coast presence while adding a wealth management platform with more than $8 billion in assets under advisement.
The transaction includes Aldrich CPAs + Advisors, which generates more than $100 million in annual revenue, and Aldrich Wealth, a registered investment adviser with more than $8 billion in assets under advisement as of August 26, 2026. The Aldrich group also includes Aldrich Capital Advisors and Aldrich Solutions. The transaction is expected to close in mid-December 2026. Financial terms were not disclosed.
Aldrich is one of the 10 largest professional services firms headquartered on the West Coast. The combination will add more than 500 professionals and 48 partners to CohnReznick and establish or expand offices across Washington, Oregon, California, Utah, Colorado, and other Western markets.
The Aldrich footprint includes offices in Spokane, Washington; Lake Oswego and Salem, Oregon; Carlsbad, Mission Valley, and Orange County, California; and Salt Lake City, Utah. The transaction will also expand CohnReznick’s presence in San Diego and Denver.
Aldrich will become the cornerstone of CohnReznick’s new West Region. Its industry capabilities include Private Client Services, construction, telecommunications, manufacturing and distribution, agribusiness, and other specialized sectors.
The transaction also significantly expands CohnReznick’s wealth advisory capabilities. Aldrich Wealth will serve as the platform for CohnReznick’s wealth management business, providing services to individuals, families, business owners, and retirement plan sponsors.
CohnReznick has expanded its national footprint through organic growth and acquisitions. Over the past year, the firm has added or expanded offices in Houston, Minneapolis, San Francisco, Tampa, Tallahassee, and Richmond. Its partnership with Apax Funds has also accelerated its acquisition strategy.
Aldrich has operated for more than 50 years and has built businesses spanning accounting and advisory services, wealth management, transaction advisory, and business and technology consulting.
KEY QUOTES:
“This is a significant milestone in CohnReznick’s growth and an important investment in our future. Aldrich brings exceptional talent, strong market leadership, and highly complementary capabilities, including a wealth management platform that creates an important new avenue for growth and expands the solutions we can bring to clients. I’m very excited about this expansion on the West Coast, strengthening our ability to serve clients in some of the most dynamic markets and industries in the country, and creating even greater opportunities for our people.”
David Kessler, CEO Of CohnReznick Advisory LLC
“For more than 50 years, the decisions we have made at Aldrich have been guided by what is best for our people, our clients, and our communities. Joining CohnReznick gives our people greater opportunities to grow, expands the capabilities and resources we can bring to our clients, and allows us to build on the relationships, culture, and commitment to our communities that have defined Aldrich. We are excited about what we can accomplish together, particularly as Aldrich becomes the cornerstone of CohnReznick’s new West Region.”
John Lauseng, CEO And Partner Of Aldrich
“Our clients have always been at the center of how we make decisions, and that was an important consideration throughout this process. Joining CohnReznick gives us the opportunity to build on the highly personal, fiduciary approach our clients value while expanding the resources and capabilities we can bring to individuals, families, business owners, and retirement plan sponsors. Aldrich Wealth becoming the platform for CohnReznick’s wealth management business creates an exciting opportunity to build on what our team has created and expand the impact we can make for our clients and our people.”
Heather Wonderly, CEO Of Aldrich Wealth
