Family Offices Merge to Create $10B Wealth Manager

Company Overview - Matter Family Office and IWP Family Office are merging to form a multifamily office under the Matter name, managing over $10 billion in client assets [1][2] - The new firm will employ more than 90 staff across St. Louis, Denver, and Dallas/Fort Worth, serving approximately 140 families [2] Strategic Rationale - The merger aims to enhance scale and resources in a consolidating wealth management market, combining public and private investment capabilities, family office administration, and governance programs [3] - Katherine Lintz, founder of Matter, will serve as managing partner, while Charlie Willhoit, founder of IWP, will take on the role of CEO and managing partner [3][4] Financial Backing - The merger is supported by private equity investor BW Forsyth Partners, which holds a sizable minority ownership in the new Matter [5] - BW Forsyth's investment will facilitate technology enhancements, organic growth strategies, and acquisitions for Matter [8] Asset Management Comparison - Prior to the merger, IWP managed approximately $3.9 billion in assets, while Matter managed around $3.6 billion, indicating that the two firms were roughly equal in size [8]