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Orion Advisor Solutions and Brinker Capital Merge to Strength Platform for WealthTech Advisors
Monday 29 June 2020

US-based Orion Advisor Solutions, a portfolio management solutions provider has merged with US investment management company Brinker Capital to combine technology and create a TAMP provider to support financial advisors strengthen their client/advisor relationships, the company said.

Genstar Capital, a San Francisco-based private equity firm, will invest in the combined business, as will Orion's existing financial partner, global growth private equity firm TA Associates.

This newly formed partnership places the combined business in a position to seise new opportunities based on product excellence, channel breadth, and talented senior leadership.

Raymond James and Associates, Inc. served as exclusive financial advisor to Orion on the Genstar and TA investment. Raymond James and Credit Suisse served as financial co-advisors to Orion and TA on the merger with Brinker.

Goodwin Procter LLP served as legal advisor to Orion and TA. UBS Investment Bank and Ardea Partners served as financial advisors to Genstar. Weil, Gotshal and Manges LLP served as legal advisor to Genstar.

Moelis and company LLC served as exclusive financial advisor to Brinker Capital. Hinckley Allen and Willkie Farr and Gallagher LLP served as legal advisor to Brinker Capital.

Orion Advisor Solutions is a provider of the tech-enabled fiduciary process that transforms the advisor-client relationship by enabling financial advisors to Prospect, Plan, Invest, and Achieve within a single, connected, technology-driven experience.

Brinker Capital is an investment management company with USD 24.5bn in assets under management (as of June 19, 2020).
Date Published: 29/06/2020