Deals Of The Day: The Latest In Wealth Management M&A – Composition Wealth, Edgewater

Editorial Staff

26 March 2026

Composition Wealth
Composition Wealth the $10 billion AuM registered investment advisor, said it has merged with Tacoma, Washington-based Edgewater Wealth Management. The financial terms of the merger were not disclosed.

The Edgewater team of 16, including eight wealth advisors, controlled $900 million in total client assets at its former firm, Northwestern Mutual Private Client Group.

“Edgewater fits perfectly into our culture,” Nate Angelo, CEO of Composition Wealth, said.

The Edgewater team was founded in 2019 by partners and private wealth advisors C W Middleton and Tyler Hjelseth. In 2022, private wealth advisor Kevin Johnson joined as a third partner.

Composition Wealth was founded in 2007 and is headquartered in Los Angeles; it also has offices in Baltimore/DC, Chicago, Columbus, , New York, San Diego, San Francisco, Seattle and Tacoma.