Six years after Orion Advisor Solutions entered the Philadelphia market with the acquisition of Berwyn’s Brinker Capital, the wealth management technology provider has relocated its local offices to the King of Prussia Town Center to accommodate further growth.
The company moved to 24,000 square feet at KBS Realty Advisors’ 1000 Continental Drive, expanding its office space by 20% from the 19,600 square feet it had at 1055 Westlakes Drive in Berwyn. The Omaha, Nebraska-based firm declined to disclose the length of its King of Prussia lease.
Orion Chief Human Resources Officer Julie Lane said in a statement that the firm plans to grow its local headcount, adding that the Philadelphia region “has a deep, high-quality talent market, so Orion’s presence here strengthens our ability to attract and develop the skills we need to lead in an AI-driven future.”
In a separate statement provided to the Business Journal, Lane said the new King of Prussia office gives the firm a larger space designed to “deepen collaboration, fuel innovation, and support how our teams work today and in the future” as Orion builds an AI-native workforce.
When it was acquired by Orion in 2020, Brinker had $24.5 billion in assets under management and 165 local employees. That headcount has since declined to just over 100, as Orion said some legacy Brinker employees have relocated to offices in Omaha or Lehi, Utah.
Orion had a 30-employee marketing team led by then-Chief Marketing Officer Kelly Waltrich that was working out of space in King of Prussia when it acquired Brinker. Waltrich left the firm in 2021 and the offices were consolidated
in Berwyn.
Orion’s new office space at King of Prussia Town Center includes flexible conference rooms and collaboration spaces, wellness and maternity support rooms, private phone rooms, a large town hall gathering space, and access to on-site amenities including a fitness center, café and outdoor community spaces including a beehive, picnic area and herb garden.
The Orion-Brinker combination was viewed as a union of competitors in the turnkey asset management platform (TAMP) space. As of March 31, the combined firm serviced $5.9 trillion in assets under administration and $185 billion of wealth management platform assets. It supported more than 8.3 million technology accounts and serviced thousands of independent advisory firms. Its clients include 17 of Barron’s top 20 registered investment advisory firms, which use Orion’s technology.
Orion is majority-owned by private equity firms Genstar Capital and TA Associates with minority stakes owned by its management team and former Brinker executives such as founder and Chairman Charles Widger and CEO Noreen Beaman. According to her LinkedIn, Beaman stepped down from her chief executive role at Orion and left its board of directors last year. Chief Financial Officer Mark Mayo, who joined Orion in 2024, now leads the firm’s local presence.
Story first published in Philadelphia Business Journal