Asset Management

Steward Partners: $481 Million Team Longbridge Wealth Onboarded

By Amit Chowdhry ● Today at 11:30 PM

Steward Partners, an employee-owned financial services firm, has acquired Longbridge Wealth Advisors, bringing $481 million in assets and expanding its presence to North Canton, Ohio.

Rithm Capital: $482.6 Million Non-QM Loan Securitization Closed

By Amit Chowdhry ● Aug 12, 2025

Rithm Capital, a global asset manager experienced in real estate and credit, has closed a $482.6 million securitization of non-qualified residential mortgage (Non-QM) loans, named NRMLT 2025-NQM4. This marks the company's fourth non-QM deal of 2025, emphasizing its leadership in the market.

Merit Financial Advisors Onboards $225 Million Team

By Amit Chowdhry ● Aug 12, 2025

Merit Financial Advisors, a Georgia-based financial advisory firm specializing in financial planning and wealth management solutions for high-net-worth individuals, families, and those navigating life transitions, announced today that it has acquired a specialized team from Second Half Financial Partners. The acquisition marks Merit's fifth office in Florida, adding $225 million in assets.

Maridea Wealth Management Buying Colorado-Based Hoot

By Amit Chowdhry ● Aug 12, 2025

Maridea Wealth Management has acquired Hoot Wealth, a Colorado advisory firm led by Nick Crow and Bryan Hinmon.

Merchant Partners Collaborating With Sterling Trustees To Expand Trust Capabilities For RIAs

By Amit Chowdhry ● Aug 11, 2025

Merchant, a global provider of growth capital and strategic support for independent financial services firms, has formed a strategic partnership with Sterling Trustees. Sterling Trustees, an independent trust company based in South Dakota, administers over $11 billion in client assets globally and maintains its independence by separating the trustee and investment advisory roles.

Wealth Enhancement Acquiring $164+ Million Firm Manwaring

By Amit Chowdhry ● Aug 7, 2025

Wealth Enhancement Group, a national independent wealth management firm, has announced the acquisition of Manwaring Wealth Management, an independent registered investment advisor (RIA) based in Gilbert, Arizona. This strategic move adds a new team of two advisors and two support staff to Wealth Enhancement's network. The Manwaring team, led by founder Joshua Manwaring, oversees more than $164 million in client assets.

Aspen Standard Wealth Buying $1.1 Billion RIA Firm MG Financial

By Amit Chowdhry ● Aug 7, 2025

Aspen Standard Wealth, a firm focused on providing a permanent home for successful independent RIAs, has announced a significant acquisition. The company has acquired MG Financial, a Boston-area RIA with $1.1 billion in assets under management. This latest deal further expands Aspen's growing portfolio of wealth management firms.

Green Arrow Capital To Buy DeA Capital Alternative Funds SGR

By Amit Chowdhry ● Aug 7, 2025

Green Arrow Capital has signed a binding agreement to acquire 100% of DeA Capital Alternative Funds SGR (DeAC AF), an asset management company controlled by the De Agostini Group. The acquisition, which is subject to regulatory approvals, will create Italy's largest alternative investment manager.

Expanse: $18 Million Inaugural Fund Announced

By Amit Chowdhry ● Aug 6, 2025

Expanse, a new asset management firm with a family office perspective, has announced the launch of its inaugural $18 million fund. The fund will invest in a diverse portfolio of businesses that utilize technologies such as AI and machine learning.

Wealthcare: $9 Billion In AUM Surpassed

By Amit Chowdhry ● Aug 6, 2025

Wealthcare Capital Management, a technology-enabled RIA for independent financial advisors, has secured a new financial partner and achieved significant growth in the first half of 2025. The company's new partner is Sammons Financial Group, which acquired Wealthcare from its previous partner, NewSprings Holdings, in July.

Savvy Advisors Onboards $270 Million Firm Perspective 6 Wealth Advisors

By Amit Chowdhry ● Aug 5, 2025

Savvy Advisors, a federally registered investment advisor (RIA), has added Perspective 6 Wealth Advisors, a Minneapolis-based team, bringing its total number of advisors to 68. Perspective 6 manages approximately $270 million in assets and specializes in working with professionals in the medical technology and medical device industries.

AssetMark: Phill Rogerson Named As SVP & Head Of RIA Channel

By Amit Chowdhry ● Aug 4, 2025

AssetMark, a leading provider of wealth management solutions for financial advisors, has appointed Phill Rogerson as Senior Vice President and Head of the RIA Channel. He will be based in Charlotte, North Carolina, which is the location of the company's new East Coast hub.

Lido Advisors Partnering With $850 Million Firm Olympus Wealth Management

By Amit Chowdhry ● Aug 4, 2025

Lido Advisors, a wealth advisory firm with over $29 billion in regulatory assets under management (RAUM), is partnering with Olympus Wealth Management. The Salt Lake City-based firm, which manages over $850 million in RAUM, will become one of Lido's key locations.

Cresset Reveals New C-Suite Leadership Changes

By Amit Chowdhry ● Aug 4, 2025

Cresset, one of the nation's most prominent multi-family offices, has announced several key appointments to its C-suite. The changes reflect the firm's significant growth and its strategic focus on investment leadership.

Mercer Advisors Brings In $1.2 Billion Firm Family Wealth Planning Group

By Amit Chowdhry ● Aug 4, 2025

Mercer Global Advisors, a national Registered Investment Adviser, has acquired Family Wealth Planning Group, a wealth and tax planning firm based in Naples, Florida. The deal includes its affiliate, Family Wealth Tax Advisory.

Macquarie Asset Management: Inaugural $711 Million Infrastructure Secondaries Fund Closed

By Amit Chowdhry ● Aug 4, 2025

Macquarie Asset Management announced the final close of its inaugural infrastructure secondaries fund, the Macquarie Alliance Partners Infrastructure Fund (MAPIF), with total commitments of $711 million. This figure includes both the main fund and the separate managed account (SMA) capital commitments.

Nuveen: $785 Million In Commitments Raised For Nuveen C-PACE Lending Fund III

By Amit Chowdhry ● Aug 3, 2025

Nuveen, a major global asset manager with over $1.3 trillion in assets, and its affiliate Nuveen Green Capital (NGC), a leader in sustainable real estate financing, have announced $785 million in new commitments to the Nuveen C-PACE Lending Fund III.

VestGen: Leadership Team Expanded With New National Head Of Advisors And Director Of Insurance

By Amit Chowdhry ● Jul 29, 2025

VestGen Wealth Partners is transforming the wealth management industry by addressing advisor succession while providing exceptional client service across generations. The firm recently appointed Rob Bondiman as National Head of Advisors and Matt LaLonde as Director of Insurance to lead VestGen Insurance Partners (VGIP).

AssetMark: Plan For Expansion Into Private Markets

By Amit Chowdhry ● Jul 28, 2025

AssetMark, a leader in wealth management solutions, is poised to expand into private markets, with new offerings slated to launch in Q4 2025. This initiative aims to integrate private assets into AssetMark's managed solutions, enabling advisors to create more resilient and personalized portfolios.