Investment Firm Combines Two Teams, Achieving Asset Under Management Worth $9.5 Billion
In a strategic move to bolster its assets and extend its reach, Composition Wealth, a national registered investment advisor (RIA), has added two new advisory teams to its roster. The additions, Blue Oak Capital and Centricity Wealth Management, bring in a combined $481 million in assets, significantly increasing Composition Wealth's total assets under management (AUM) to $9.5 billion as of July 3, 2025.
Blue Oak Capital, led by Thomas Baker, CFA, specializes in serving Silicon Valley professionals, executives, entrepreneurs, and families. With $289 million in assets under management, the team extends Composition Wealth's Bay Area footprint into Silicon Valley. Bruce Milam, CEO of Composition Wealth, expresses excitement about expanding the firm's presence into this tech-centric region.
Thomas Baker's team is focused on helping complex clients navigate their financial lives, a mission that aligns well with Composition Wealth's commitment to comprehensive, fee-only financial planning.
Meanwhile, Centricity Wealth Management, founded by Chris and Wendy Ciehanski, marks Composition Wealth's first office in Ohio. The advisory team brings $192 million in assets to the company. Wendy Ciehanski's passion for impacting clients' lives resonates with Composition Wealth, and the firm looks forward to furthering Centricity Wealth Management's efforts with its suite of planning and estate capabilities as they continue to grow in the greater Columbus area.
The strategic growth of Composition Wealth is part of a broader plan to attract next-generation talent and expand its capabilities in financial, tax, and estate planning to meet its clients' evolving needs. Since the appointment of its CEO in June 2023, Composition Wealth has successfully onboarded eight advisory partnerships.
The firm's recent rebrand from Miracle Mile Advisors continues its strategic growth trajectory. Nate Angelo, Head of Wealth Management at Composition Wealth, oversees the integration of these new teams into the company.
In the advisory process, Hue Partners advised Blue Oak Capital, and Diamond Consultants advised Centricity Wealth Management on these transactions. Composition Wealth seeks a partner with a proven track record in attracting next-generation talent to support its long-term succession plan.
These additions are significant steps in Composition Wealth's growth strategy, positioning the firm for continued success in the years ahead.
