Houlihan Lokey Advises SOL Capital Management

Houlihan Lokey is pleased to announce that SOL Capital Management, Inc. (SOL), an independent registered investment advisor (RIA) with $3.3 billion in assets under management, has partnered with Cerity Partners LLC (Cerity Partners), one of the nation’s largest independent wealth management firms. The transaction closed on December 31, 2025.

Founded in 1987 and headquartered in Rockville, Maryland, SOL provides investment management and family office services to ultra-high-net-worth and high-net-worth clients. Led by CEO Rajmiel Odinec and President Sam Sandler, the firm expands Cerity’s presence in the Washington, D.C., metro area. SOL is distinguished by its commitment to delivering objective, client-focused guidance to individuals, families, and institutions.

Headquartered in New York and founded in 2009, Cerity Partners is a nationally recognized full-service wealth management firm serving high- and ultra-high-net-worth individuals and their families, businesses and their leadership teams, and nonprofit organizations. Cerity Partners now manages more than $147 billion in client assets.

This partnership marks Cerity Partners’ eighth closed transaction of 2025.

The acquisition of SOL underscores the growing demand for scaled RIAs that pair comprehensive wealth management and family office capabilities with deep expertise in serving ultra-high-net-worth clients.

Houlihan Lokey acted as the exclusive financial advisor to SOL.

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