Mission Wealth Buys $400M Houston RIA Logic Capital

Mission Wealth announced that it has acquired Houston-based RIA Logic Capital Management, adding $400M in client assets in its first transaction of the year and its largest integration to date.

Founded in 2005, Logic Capital Management provides tailored investment advisory services and pension consultancy for clients. The partnership marks Mission Wealth’s entry to the Houston market. Logic Capital founder Toby Whitby and senior wealth advisor Donnie Roberts become Mission Wealth’s 50th and 51st equity partners and are joined in the move by wealth advisor Paige Gunn and senior client service representative Mallory Blanton.

On November 6, 2024, Dakota reported that Mission Wealth had sealed a merger with San Rafael, CA-based JLFranklin Wealth Planning, adding $235M in assets. Mission said the addition of Logic brings its total client count to over 3,900, with total AUM of $10.6B.