Asset Management

Payward And Franklin Templeton Announce Collaboration To Advance Tokenized Assets And Institutional Digital Finance

By Amit Chowdhry ● Today at 5:49 PM

Payward, the parent company of Kraken and developer of the xStocks tokenized equities framework, announced a strategic collaboration with Franklin Templeton to bring traditional financial products on-chain and expand their utility across digital asset markets.

CAPTRUST: $1.25 Billion Stillwater Capital Advisors Addition Expands Pennsylvania Presence

By Amit Chowdhry ● Today at 4:49 PM

CAPTRUST announced that Stillwater Capital Advisors has joined the firm, expanding CAPTRUST’s footprint in Pennsylvania with a fifth office in the state.

Stratos Wealth: $4.8 Billion In Client Assets Added With Acquisition Of 11 Partner Practices

By Amit Chowdhry ● Today at 10:07 AM

Stratos Wealth Holdings announced it has completed the acquisition of 11 partner advisory practices representing approximately $4.8 billion in total client assets as of December 31, 2025. The transactions were underway before SEI made its strategic investment in the business and reflect Stratos’ strategy of investing in partner advisory firms to support growth, improve enterprise value, and create long-term succession pathways.

Nitrogen: Legacy Center Launches To Help Financial Advisors Retain Assets During Generational Wealth Transfers

By Amit Chowdhry ● Yesterday at 11:20 PM

Nitrogen announced the launch of Legacy Center, a new product designed to help financial advisors establish relationships with clients’ beneficiaries before wealth transfers occur. The announcement was made during the company’s Spring 2026 Product Launch Event and comes as advisors prepare for an estimated $84 trillion generational wealth transfer.

Wells Fargo Advisors Financial Network Welcomes Twin Harbors Private Wealth On Long Island

By Amit Chowdhry ● Yesterday at 9:42 PM

Wells Fargo Advisors Financial Network announced the addition of two advisor teams on Long Island that have joined from Merrill Lynch to form Twin Harbors Private Wealth.

Raymond James Onboards $515 Million Kansas City-Based Advisor Team

By Amit Chowdhry ● Yesterday at 9:39 PM

Raymond James Financial announced that financial advisors Peter Braun and K.C. Hosey have joined First Investments & Planning at FNBO through the company’s Financial Institutions Division (FID). The advisors will provide investment and wealth management services through Raymond James Financial Services.

GoldenTree Asset Management: $602 Million CLO Expands GLM Strategy To More Than $21 Billion

By Amit Chowdhry ● Yesterday at 12:23 PM

GoldenTree Asset Management announced the closing of a $602 million collateralized loan obligation managed under its GLM strategy. The new CLO, named GoldenTree Loan Management US CLO 29, represents the 38th CLO issued under the firm’s GLM CLO platform and brings total issuance under the strategy to more than $21 billion.

Corient Acquires Capital Advisors, Expanding Its Presence Across The U.S. Southwest

By Amit Chowdhry ● Yesterday at 8:13 AM

Corient has reached an agreement to acquire Capital Advisors, a Tulsa‑based registered investment advisor with $7.8 billion in assets under management, marking a significant expansion of Corient’s footprint across the South and Southwest. The deal adds Corient’s first office in Oklahoma and strengthens its position as the largest and fastest‑growing integrated wealth management firm in the United States. Capital Advisors, founded in 1978 and led by CEO Keith Goddard and President Andy Brown, brings a team‑based approach to financial planning, investment management, and wealth advisory, supported by 47 financial professionals and a presence across eight states.

Ritholtz Wealth Management Launches ‘Porterhouse’ Equity SMA Strategy In Partnership With Franklin Templeton

By Amit Chowdhry ● Yesterday at 7:42 AM

Ritholtz Wealth Management has launched Porterhouse, a new equity separately managed account strategy developed in partnership with Franklin Templeton and designed to give clients a focused, momentum‑driven way to own market leaders. The firm, which oversees more than $7.6 billion in assets for high‑net‑worth households and institutions, said the strategy will be available exclusively to Ritholtz clients and will complement its core asset allocation models.

Concurrent Partners With Newly Launched TAVO Wealth To Surpass $20 Billion In AUM

By Amit Chowdhry ● May 12, 2026

Concurrent Investment Advisors has announced a partnership with TAVO Wealth, a newly launched independent firm managing $1.2 billion in client assets, propelling Concurrent past $20 billion in total assets under management. The partnership provided TAVO with strategic transition guidance and support as the team departed Raymond James & Associates to establish its own independent practice serving families across the country with sophisticated, customized financial and legacy planning.

JPMorganChase Announces Nearly $14 Million In Philanthropic Investments To Protect Americans From Fraud And Scams

By Amit Chowdhry ● May 12, 2026

JPMorganChase has announced nearly $14 million in philanthropic investments to help protect Americans from fraud and scams, supporting seven organizations working on consumer awareness and real-time prevention. The initiative targets the populations most vulnerable to financial fraud, including low- to moderate-income individuals, youth, and older adults, who face greater challenges recovering financially when victimized. According to the Federal Trade Commission, fraud and scams cost American households as much as an estimated $158 billion each year.

Orion Appoints Yi-Ching Wu To Lead Wealth Management Product And Platform Strategy

By Amit Chowdhry ● May 12, 2026

Orion announced that Yi-Ching Wu has joined the company as Executive Vice President of Wealth Management Product and Platform as the company continues expanding its advisor-focused wealth management capabilities.

Lido Advisors Partners With Tulsa-Based Jackson Hole Capital Partners

By Amit Chowdhry ● May 12, 2026

Lido Advisors, a leading national wealth advisory firm with more than $42 billion in regulatory assets under management, has announced a partnership with Jackson Hole Capital Partners, an independent wealth management firm based in Tulsa, Oklahoma. JHCP oversees more than $1 billion in regulatory assets under management and brings deep roots in the Tulsa and Oklahoma City communities, along with specialized expertise in alternative investments.

Wealthspire’s Ground Control Business Management Acquires RSL And Company

By Amit Chowdhry ● May 12, 2026

Ground Control Business Management, part of Wealthspire's broader advisory and business management platform, has acquired RSL and Company, a Los Angeles–based boutique firm with more than three decades of experience serving real estate owners, entertainment professionals, small businesses, and high‑net‑worth individuals. The acquisition deepens Ground Control’s technical tax capabilities and expands the range of complex client situations the firm can support across the country. The combined team will continue operating from RSL’s existing Los Angeles office, ensuring continuity for all clients.

Integrated Partners Adds $850 Million Firm City Square Wealth Management To Expand Greater Boston Presence

By Amit Chowdhry ● May 12, 2026

Integrated Partners, a national financial planning and registered investment advisory firm serving more than $25 billion in assets under advisement, has added City Square Wealth Management to its advisor network. The Charlestown, Massachusetts-based firm brings approximately $850 million in client assets and a 15-person team including six advisors and nine support professionals, deepening Integrated's footprint in the Greater Boston market as the firm approaches its 30th anniversary.

Osaic: $200 Million Firm Du Lac Wealth Services Onboarded

By Amit Chowdhry ● May 12, 2026

Du Lac Wealth Services, a Cary, North Carolina-based wealth advisory firm, has joined Osaic, transitioning from LPL Financial and bringing approximately $200 million in client assets to one of the nation's largest providers of wealth management strategies. The move reflects Du Lac Wealth's strategy to access a more flexible platform and expanded resources as the firm pursues continued growth through its disciplined acquisition approach.

Franklin Templeton Launches Private Model Portfolios With Corastone To Help Advisors Access Private Markets

By Amit Chowdhry ● May 11, 2026

Franklin Templeton, a global investment leader with more than $1.74 trillion in assets under management, has announced the launch of its Private Markets Model Portfolios, developed in collaboration with Corastone, a digital infrastructure platform and permissioned blockchain network built to streamline and scale private market investments.

Janney Montgomery Scott Welcomes Financial Advisor Shane Kelly In Darien, Connecticut

By Amit Chowdhry ● May 11, 2026

Janney Montgomery Scott has announced the addition of Shane Kelly as Financial Advisor and First Vice President of Wealth Management in Darien, Connecticut. Kelly joins from Oppenheimer & Co. and manages more than $120 million in client assets, continuing Janney's growth in the region.

MCF Advisors Acquires Hoff Bujnoch & Associates To Expand Northern Kentucky Presence

By Amit Chowdhry ● May 11, 2026

MCF Advisors has announced the acquisition of Hoff Bujnoch & Associates, a Newport, Kentucky-based wealth management firm overseeing approximately $250 million in assets under management. The transaction, which closed on April 29, 2026, expands MCF's presence in the Northern Kentucky market and marks the Lexington-based firm's third acquisition since partnering with Wealth Partners Capital Group and the Aspire Holdings platform of HGGC in March 2025.

&Partners Welcomes Principality Private Wealth In Arlington Heights, Illinois

By Amit Chowdhry ● May 11, 2026

&Partners has announced the addition of Principality Private Wealth, an established wealth management team based in Arlington Heights, Illinois. The team's arrival reflects continued growth across the &Partners community as the firm expands with experienced advisory groups who value alignment, independence, and a client-first approach.