Multi-Family OfficeRIA · CRD 310873SEC-RegisteredPrivate Fund Adviser

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CW Advisors

CW Advisors was established in 2009 by Paul Lonergan and a group of investment professionals. The firm serves multigenerational families whose capital...

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CW Advisors

CW Advisors was established in 2009 by Paul Lonergan and a group of investment professionals. The firm serves multigenerational families whose capital originated from liquidity events. It maintains headquarters in Boston and operates as a multi-family office. The firm deploys capital through fund-of-funds vehicles, hedge fund allocations, private equity commitments, and direct real estate holdings. Confirmed vehicles include CWM Private Equity Growth Fund LLC, CWM Social Impact Fund LLC, and Congress Wealth Management Enhanced Yield LP. Allocations remain concentrated in North America. The firm also maintains a position in World Currency Gold Trust. CW Advisors employs professionals who hold CFA and CFP designations. In August 2025 Osaic, Inc. acquired the firm from Audax Private Equity, which retained a minority stake. Osaic itself is owned by Reverence Capital Partners. The firm maintains a strategic partnership with Congress Asset Management, where Lonergan sits on the management committee. Ownership by Osaic creates a hybrid structure that combines family-office services with access to a larger platform's operational resources. This arrangement separates client mandates from the parent company's broader RIA activities while preserving the original investment and planning teams.

General information

Firm type

Multi Family Office

Year founded

2009

Location

Region

North America

Country

United States

City

Boston

Corporate office

Boston, MA, United States

Principals

Paul Lonergan

Founder

Sector focus

Private EquityHedge FundsReal Estate

Frequently asked questions

Who runs investment decisions at CW Advisors?

Paul Lonergan leads the firm as founder. Multiple CFA charterholders and CFP professionals support portfolio construction and client planning.

How is CW Advisors structured after the 2025 transaction?

Osaic, Inc. owns CW Advisors. Audax Private Equity retained a minority stake. The original investment and planning teams continue to operate the multi-family office mandates.

Does CW Advisors commit to external funds or hold direct positions?

The firm uses both approaches. It maintains proprietary vehicles such as CWM Private Equity Growth Fund LLC and allocates to hedge funds and real estate holdings.

Which asset classes receive the largest allocations?

Private equity, hedge funds, and real estate constitute the core exposures. The firm also holds a position in World Currency Gold Trust.

Where does the capital originate?

Wealth stems from entrepreneurial exits and corporate liquidity events. The firm serves multigenerational families across the United States.

What geographic focus does the portfolio maintain?

Investments are concentrated in North America. No allocations outside this region are disclosed.

How does the firm handle tax and estate matters?

CW Advisors provides integrated tax planning, estate structuring, and bill-pay administration alongside investment management.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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