Aspen Standard Wealth, a firm specializing in long-term partnerships with independent advisory firms, has announced its acquisition of SKY Investment Group. Based in Hartford, Connecticut, SKY Investment Group is a Registered Investment Advisor (RIA) with $880 million in assets under management (AUM).
Established in 2005, SKY Investment Group has built a reputation as a research-driven money management firm. They offer comprehensive investment and wealth management services to a diverse clientele, including individuals, families, businesses, and institutions. The firm is particularly recognized for its expertise in assisting family principals with multigenerational education and responsible wealth transfer.
Aspen Standard Wealth distinguishes itself through a unique approach to RIA partnerships. Rather than buying firms with the intent to resell them, Aspen focuses on creating enduring partnerships. Their strategy emphasizes preserving the acquired firm’s identity, empowering its leadership, and fostering sustainable growth.
This acquisition marks Aspen Standard Wealth’s third successful acquisition. And their previous deals include New England Private Wealth Advisors and Summitry.
KEY QUOTES:
“We are incredibly excited to partner with Aspen and to work together to develop the next stage of SKY’s growth story. In Aspen, we’ve found a durable platform and a partner that respects our legacy, culture, and long-term vision for the future—and that is incredibly reassuring and empowering.”
Robert Bingham, CFA, firm Founder and Chief Investment Officer
“SKY is exactly the kind of firm we built Aspen for—deeply client-centric, values-led, and forward-thinking. We’re honored to support their next phase of growth with long-term capital, infrastructure, and partnership.”
Aly Kassim-Lakha, CEO of Aspen
