Avidian Wealth Solutions Acquires Ridgeback Capital Management, Expands Houston Presence
Avidian Wealth Solutions has acquired Ridgeback Capital Management, enhancing its Houston-area footprint and increasing its assets under management.
Houston-based Avidian Wealth Solutions, an independent and employee-owned wealth management firm, has acquired Ridgeback Capital Management. The transaction strengthens Avidian's position in the Houston market and adds to its assets under management.
Ridgeback Capital Management, headquartered in Bellaire, Texas, is an independent investment advisory firm founded by Michael C. Kuznicki over 25 years ago. The firm's commitment to personalized, fiduciary wealth management aligns with Avidian's values. The acquisition brings Ridgeback's Bellaire office into Avidian's network, expanding its physical presence in the Houston area.
Avidian Wealth Solutions manages approximately $5.9 billion in assets and emphasizes its commitment to an independent, advisor-driven model, free from private equity ownership pressures. The firm was recently recognized on USA TODAY's 2026 list of Best Financial Advisory Firms.
"This union allows us to expand our footprint in the Houston area and deliver a robust boutique family office experience with greater convenience for clients," said Avidian CEO Luke Patterson. Ridgeback Founder Michael C. Kuznicki will join Avidian as a Senior Wealth Advisor, bringing his expertise and client base.