Rockefeller Capital Management has bought the wealth management business of Spearhead Capital, a boutique financial services firm.

The new team will operate as The Bostwick Walters Group and will represent assets of $1.5 billion.

“The Bostwick Walters Group is an elite team of professionals, and we’re thrilled to have them as part of the Rockefeller Global Family Office,” said Christopher Dupuy, co-Head of the Rockefeller Global Family Office, and Michael Outlaw, national field director. “It quickly became clear to us that Todd and Jarrett and their colleagues shared the values and purpose that animate our firm. And it was just as clear that we could help each other grow more effectively together than apart.”