PITTSFORD, N.Y. — October 6, 2026 — Armbruster Capital Management (ACM), an independent, employee-owned wealth management firm headquartered in Pittsford, New York, and RDG Capital Management (RDGCM), a Pittsford-based wealth management firm, announce an asset sale/purchase agreement in which ACM has acquired approximately $60 million in client accounts from RDGCM.
This builds on an established relationship between the firms. For the past three years, ACM has been a sub-advisor to RDGCM, providing investment management services and working closely with the firm to support its clients. Under the new agreement, ACM will take over primary advisory responsibilities for these clients as RDGCM focuses its business on family office services.
The agreement represents another milestone in ACM’s strategic growth initiatives and strengthens its presence in the Greater Rochester area. “This is our firm’s third significant acquisition,” said Mark Armbruster, ACM’s Founder and CEO. “It reinforces our position as one of the larger independently owned investment advisory firms in the Rochester area with a growing national footprint. We’re excited to welcome RDGCM’s clients to our firm.”
RDGCM owner Whitney Baniewicz will continue to lead RDGCM and bring her unique background and experience to her clients, providing family office services to larger clients. ACM will also continue to serve as a sub-advisor to RDGCM.
“Through our continued relationship, ACM has proven to be an outstanding partner and investment manager,” said Whitney Baniewicz. “Their disciplined investment approach, commitment to clients, and continued investment in their team made them the natural choice for this transaction.”
Strategic Growth and Community Impact
Founded in 2009, ACM surpassed $1 billion in assets under management in 2025 and today serves clients in 28 states and Washington, D.C. The firm’s growth has been driven by strategic partnerships, acquisitions, and most recently its sub-advisory platform. ACM also offers wealth management services for individuals, institutions, and corporate retirement plans.
As ACM continues to grow, it remains committed to strengthening Rochester’s financial services industry through local hiring and investment in talent. Recent expansion has created new career opportunities in research, trading, client service, and operations.
—
About ACM
Armbruster Capital Management is a SEC-registered investment advisory firm that manages over $1 billion in client assets. The firm is an independent, employee-owned wealth management company that operates as a fee-only advisor, free from commissions or outside affiliations. ACM offers investment portfolio management, financial and retirement planning, tax planning and mitigation, and a variety of financial services for families, individuals, for-profit and non-profit institutions, corporations, and sub-advisory clients. Visit www.armbrustercapital.com for more information.
Media Contact
Valerie Alhart
Armbruster Capital Management
# (585) 381-4180
valhart@armbrustercapital.com