Sale process emphasized buyers’ ability to support both wealth management and insurance operations

Green Sail Capital Partners served as the sell-side advisor to River Cities Financial Services, Ltd. (“River Cities Financial Services”) and Dietz, Futrell & Walters Insurance, Inc. (“DFW Insurance”) in their sale to Maridea Wealth Management (“Maridea”), a national registered investment advisor (RIA). The transaction establishes Maridea’s first presence in Ohio. Green Sail Capital Partners represented the owners of both firms in negotiations with Maridea and advised them through closing.

“The relationship between the wealth management and insurance businesses was an important consideration in identifying the right buyer,” said Ryan Kaminski, co-founder of Green Sail Capital Partners. “We focused on finding a firm that understands both companies and could provide continuity for their teams and clients.”

River Cities Financial Services and DFW Insurance are affiliated firms based in Marietta, Ohio, providing wealth management alongside personal, business, and benefits insurance to individuals, families, and business owners. DFW Insurance was founded in 1948 as an independent agency, and River Cities Financial Services grew out of it in 1985. The firms' investment advisors, insurance agents, and operations staff will join Maridea. Both businesses will continue serving clients from their existing offices in Marietta, Ohio, with access to Maridea's tax, research, and financial planning resources.

“Owners of wealth management firms with additional business lines need to think carefully about how those operations affect their exit strategy,” said Christopher Gent, co-founder of Green Sail Capital Partners. “That planning is best done before going to market, not in the middle of negotiations.”

About Green Sail Capital Partners

Green Sail Capital Partners is a boutique investment bank that advises RIA and wealth management firm owners on sell-side M&A and capital advisory. Founded in 2023 by Christopher Gent and Ryan Kaminski, the firm helps owners plan before going to market and leads transactions through negotiation and closing, with senior advisors involved at every stage. Green Sail Capital Partners is based in Boston and Chicago. For more information, visit greensail.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20261111503333/en/