Transition Case Study

A Strategic Acquisition: Centricity Wealth Management Joins Composition Wealth in a High-Impact Deal

We’re proud to share that Centricity Wealth Management, a respected RIA based in Columbus, OH, has joined forces with Composition Wealth (formerly known as Miracle Mile Advisors)—a $9.5B national wealth management firm backed by PE sponsor, Corsair Capital.

Founded by husband-and-wife duo Chris and Wendy Ciehanski in 2013, Centricity has built a reputation for delivering customized wealth, tax, and estate planning to over 150 clients, including professional athletes. Their decision to align with Composition marks a major milestone: It’s Composition’s first move into Ohio and one that reflects their strategic growth into key regional markets.

 

A Full-Circle Moment for Diamond Consultants

This transaction is especially meaningful to us at Diamond Consultants.

In 2013, we had the privilege of advising Wendy and Chris when they broke away from Merrill Lynch to launch Centricity Wealth Management as an independent RIA. More than a decade later, we were once again honored to serve as their partner—this time helping them evaluate the next chapter of their journey.

Seeing a firm we helped launch evolve into a thriving, high-value enterprise – and now joining forces with one of the industry’s most strategic national RIAs – is a powerful example of what’s possible when advisors take control of their future.

It underscores everything we believe in: Building a business with intention, creating options through independence, and ultimately maximizing enterprise value on your terms.

 

A Business Built Independently—And a Succession Plan That Called for More

Chris and Wendy Ciehanski spent the past decade building something exceptional: a values-based, deeply personal advisory firm serving high-net-worth families, many with complex financial and generational planning needs.

They had stepped away from the wirehouse world with a desire to do things differently, prioritizing independence, customized solutions, and enduring client relationships. And Centricity did just that.

But as time went on, the Ciehanskis began asking important long-term questions:

“How do we scale without compromising service?”
“How do we enhance our tax and estate planning capabilities?”
“And how do we attract the next generation of talent to support our clients long into the future?”

The answers led them to consider partnership and ultimately to Composition Wealth, whose platform, people, and purpose felt like a true extension of what they had built.

 

Why Composition Wealth

Composition Wealth, under the leadership of CEO Bruce Milam, has quickly emerged as one of the most active and intentional acquirers in the RIA space.

What resonated most with the Ciehanskis was Composition’s:

  • Commitment to deeper, more sophisticated planning capabilities.
  • National footprint and strong back-office infrastructure.
  • Track record of letting great firms maintain their identity while unlocking scale.
  • People-first approach to succession and integration.
  • And most importantly, a cultural fit that felt natural.

Today, both Chris and Wendy have become Partners at Composition, continuing to serve their clients while helping shape the future of the firm’s Midwest presence.

 

Diamond Consultants’ Role

Diamond Consultants advised the Centricity team through this transformational transaction. Our work included:

  • Revisiting long-term succession goals and evolving business priorities.
  • Educating on the landscape of different buyer personas, transaction structures, and capital solutions.
  • Introducing and vetting Composition Wealth as a cultural and strategic fit.
  • Supporting the deal from exploration through negotiation.

We’re proud to have supported this milestone for a world-class advisory business—and to have helped bridge two firms that share a common vision for growth, excellence, and legacy.

 

Congratulations to Chris and Wendy Ciehanski, and to the entire Composition Wealth team, on a successful partnership—one that reflects the very best of thoughtful succession planning and long-term value creation.

 


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