The wealth management industry is accelerating its record-breaking consolidation streak, with a wave of major acquisitions, strategic mergers, and high-profile recruiting moves reshaping the RIA landscape heading into 2026. Bluespring Wealth Partners, a Kestra Holdings subsidiary, acquired SHP Financial, a Plymouth, Massachusetts-based RIA managing approximately $2.3 billion in client assets, with the deal closing on December 31, 2025. McKinsey & Company reached an agreement to transfer MIO Partners, its investment and wealth management arm overseeing $26 billion in AUM including roughly $20 billion in alternative investments, to Neuberger Berman, with the transaction expected to close in 2026. CAPTRUST welcomed Alpha Cubed Investments, a $3.8 billion Orange County-based RIA founded in 2011, onto its platform in January 2026. Cerity Partners announced a merger with Verus Investments, an institutional advisory firm serving clients with approximately $1.2 trillion in assets, with the combined entity expected to manage around…