Asset Management

LPL: Paxara Wealth Partners Launches Through Linsco With About $330 Million In Assets

By Amit Chowdhry ● Today at 10:55 AM

LPL Financial announced that advisors Conley Thornhill, Doug Rathbun, and Nikki Rathbun joined Linsco by LPL Financial to launch Paxara Wealth Partners with approximately $330 million in advisory, brokerage, and retirement plan assets.

LPL Financial: Capital Investment Services Joins Platform With Approximately $775 Million In Assets

By Amit Chowdhry ● Yesterday at 11:32 PM

LPL Financial announced that advisors Bobby Lumpkin, Cindy Little, and Allina Bell of Capital Investment Services joined the firm’s broker-dealer and registered investment advisor platform with approximately $775 million in advisory, brokerage, and retirement plan assets.

Aspiriant Names Four New Partners Across San Francisco And Los Angeles Offices

By Amit Chowdhry ● Yesterday at 3:35 PM

Aspiriant announced the addition of four new partners to its ownership group as the independent wealth management firm continues expanding its employee-owned leadership structure.

Wealth Enhancement: Acquisition Of Sherpa Adds $108 Million In Client Assets

By Amit Chowdhry ● Yesterday at 3:25 PM

Wealth Enhancement announced the acquisition of Sherpa Wealth Strategies, a hybrid registered investment advisor based in Bend, Oregon, with more than $108 million in client assets. The transaction brings Wealth Enhancement’s total client advisory, trust, and brokerage assets to more than $148.2 billion.

Cetera: Milestone Wealth Management Joins With About $150 Million In AUA

By Amit Chowdhry ● Yesterday at 3:24 PM

Cetera Financial Group announced that financial advisor Jaakko “Jack” Kasko and his team at Milestone Wealth Management joined the firm after spending the past 10 years affiliated with Commonwealth Financial Network. Kasko and his Saint Joseph, Michigan-based team oversee approximately $150 million in assets under administration.

Pinnacle Financial Partners: Expansion Into Auburn Led By Veteran Banker Martee Moseley

By Amit Chowdhry ● Yesterday at 3:14 PM

Pinnacle Financial Partners announced its expansion into Auburn, Alabama, with the appointment of Martee Moseley as financial advisor and market executive to lead the firm’s entry into the market.

Prosperity Capital Advisors Unveils Unified Vision To Deliver Premier Wealth Management Experience

By Amit Chowdhry ● Yesterday at 12:40 AM

Prosperity Capital Advisors, an SEC-registered investment advisor, has unveiled a unified vision for its next chapter, bringing five firms together under one brand to deliver a more seamless, technology-forward, and personalized wealth management experience for clients across the U.S.

Merit Financial Advisors Acquires $420 Million Firm Pradel Financial Group

By Amit Chowdhry ● May 6, 2026

Merit Financial Advisors, a Georgia-based financial advisory firm specializing in financial planning and wealth management for high-net-worth individuals and families, has announced the acquisition of Pradel Financial Group, a Seattle-based wealth management firm led by veteran advisor Paul Pradel, marking Merit's 58th acquisition.

Apollon Wealth Management Welcomes $650 Million Firm Senglaub Financial Group

By Amit Chowdhry ● May 6, 2026

Apollon Wealth Management has announced that Senglaub Financial Group, a Delafield, Wisconsin-based financial planning firm overseeing approximately $650 million in client assets, has joined its growing national organization, expanding Apollon's footprint in the Midwest.

Bogart Wealth Adds Bryce Black As Director Of Corporate Development To Support Expanding M&A Strategy

By Amit Chowdhry ● May 6, 2026

Bogart Wealth, an independent, fee-only Registered Investment Adviser, has appointed Bryce Black as Director of Corporate Development. The role is new and is designed to institutionalize the firm's mergers and acquisitions strategy as it pursues selective partnerships with RIAs serving Fortune 500 executives, professionals, and employee communities.

OnePoint BFG Surpasses $16 Billion In AUM And Appoints Sam Cari As Chief Strategy Officer

By Amit Chowdhry ● May 6, 2026

OnePoint BFG Wealth Partners has appointed Sam Cari as Chief Strategy Officer as the firm surpasses $16 billion in assets under management and continues to expand its national footprint through a disciplined combination of organic growth and strategic partnerships.

Lido Advisors Appoints Brian Haloossim As President To Drive Next Chapter Of Growth

By Amit Chowdhry ● May 6, 2026

Lido Advisors, a nationally recognized wealth advisory firm with over $42.5 billion in regulatory assets under management, has announced the appointment of Brian Haloossim as President and the elevation of founding partner Ken Stern to Co-Chief Executive Officer, strengthening the leadership team of one of the nation's fastest-growing independent wealth management firms.

Raymond James Unveils New AI Capabilities And Technology Enhancements To Elevate Advisor And Client Experience

By Amit Chowdhry ● May 6, 2026

Raymond James is showcasing new artificial intelligence capabilities and technology enhancements at Elevate, its national conference for independent financial advisors, reflecting the firm's commitment to delivering advisor-first technology designed to support service and enhance the client experience across all affiliations.

UBS Appoints Jeremy Autry As Market Director In The Manhattan Market

By Amit Chowdhry ● May 6, 2026

UBS has announced that Jeremy Autry has joined the firm as a Market Director in the Manhattan Market, based at UBS's 1285 Avenue of the Americas location and reporting to Manhattan Market Executive Kellie Brady.

Wealthspire To Acquire Fi3 Advisors, Deepening Indianapolis Presence And Family Office Capabilities

By Amit Chowdhry ● May 6, 2026

Wealthspire, an independent wealth management, institutional advisory, and business management firm, has announced an agreement to acquire Fi3 Advisors, an Indianapolis-based boutique advisory firm with approximately $1.2 billion in assets under management.

Citizens Expands Leadership Across Wealth And Private Bank To Enhance Client Experience

By Amit Chowdhry ● May 6, 2026

Citizens has announced the addition of two strategic hires — Joe Roberts as Head of Family Office Solutions within Citizens Wealth, and Adam Devlin as Head of Platform Transformation across Citizens Private Bank and Citizens Wealth — underscoring the firm's continued investment in serving high- and ultra-high-net-worth clients.

Wealth Enhancement Acquires $318 Million Firm Lake Tahoe Wealth Management

By Amit Chowdhry ● May 6, 2026

Wealth Enhancement announced the acquisition of Lake Tahoe Wealth Management, an independent registered investment advisor managing more than $318 million in client assets. The transaction increases Wealth Enhancement’s total client advisory, trust, and brokerage assets to more than $148.1 billion.

Steward Partners Buys $450 Million Firm Jazz Wealth

By Amit Chowdhry ● May 6, 2026

Steward Partners announced the acquisition of Jazz Wealth, a Tampa Bay-area wealth management firm overseeing approximately $450 million in client assets, further strengthening Steward Partners’ footprint across Florida’s Gulf Coast and the broader Southeast region.

J.P. Morgan Expanding Private Capital Advisory & Solutions Team With Will Boyle Hire

By Amit Chowdhry ● May 6, 2026

J.P. Morgan is expanding its Private Capital Advisory & Solutions (PCAS) team with the addition of Will Boyle as Global Head of Secondary Advisory, according to a LinkedIn post from Keith Canton, Managing Director at J.P. Morgan.

Sowell Management Launches Advisor Partnership Program And Partners With Merchant For Growth Capital

By Amit Chowdhry ● May 4, 2026

Sowell Management, a leading registered investment advisor serving financial advisors and their clients nationwide with over $6.5 billion in client assets, has announced the launch of its Advisor Partnership Program and a strategic partnership with Merchant to fund the initiative and execute an ambitious M&A strategy. Financial terms were not disclosed.

Crescent Cove Closes Oversubscribed Fund IV With More Than $446 Million In Commitments

By Amit Chowdhry ● Apr 30, 2026

Crescent Cove Advisors, LP, a San Francisco-based private investment firm providing growth capital to high-growth technology companies, has announced the final close of Crescent Cove Fund IV with more than $446 million committed, surpassing its target and closing oversubscribed. Fund IV attracted commitments from a diversified base of new and existing institutional investors, including Ventura County Employees' Retirement Association and Keebeck, the wealth management firm, as well as endowments, foundations, a sovereign wealth fund, registered investment advisers, family offices, investment platforms, asset managers, and OCIO providers. Additional capital was secured through two major national consultants.

Raymond James Onboards Advisors Managing $400 Million From In Lexington, Kentucky

By Amit Chowdhry ● Apr 30, 2026

Raymond James has welcomed financial advisors Seth Lawless and Charters "Jay" Osborne to Raymond James and Associates in Lexington, Kentucky, where they will operate as Osborne Lawless and Associates of Raymond James. The advisors arrive from Merrill Lynch, where they previously managed approximately $400 million in client assets. Their team specializes in serving multigenerational families, business owners, healthcare professionals, and retirees, and has been recognized as a 2026 Forbes Best-in-State Wealth Management Team. They are joined by client relationship consultant Rob Mitchell and senior registered client relationship associates Karie Howard and Lee Ann Myers.

GCG Advisory Partners Acquires Gateway Capital Advisors, Adding $400 Million AUM Practice

By Amit Chowdhry ● Apr 30, 2026

GCG Advisory Partners, the parent company of GCG Wealth Management, has acquired Gateway Capital Advisors, a St. Louis, Missouri-based wealth management firm with $400 million under management and organic growth multiples exceeding industry averages. Financial terms of the transaction were not disclosed. Gateway Capital Advisors Managing Partners Dustin Ward, Shaun Griese, and Joseph Sigman will join GCG as Operating and Equity Partners.

Merchant Partners With Emerge To Expand Family Office Capabilities Across Its Network Of Independent Advisors

By Amit Chowdhry ● Apr 29, 2026

Merchant, a global operating company providing growth capital and strategic resources to independent financial services firms, has announced a partnership with Emerge Business Management to deliver integrated family office solutions to ultra-high-net-worth families across its advisor network.

Corient Enters Canadian Market To Become Largest Non-Bank Wealth Manager In North America

By Amit Chowdhry ● Apr 29, 2026

Corient has announced plans to expand into Canada, launching under the Corient brand in June 2026 subject to regulatory approvals. The expansion will make Corient the largest non-bank wealth manager and largest multi-family office focused on ultra-high-net-worth individuals and families in North America.

Dawson Partners Opens Hong Kong Office And Appoints APAC Head To Expand Global Capital Raising Platform

By Amit Chowdhry ● Apr 29, 2026

Dawson Partners, a Toronto-based global alternative asset manager focused on structured solutions for private markets, has opened its first Asia office in Hong Kong and appointed Rachel Guan as Senior Principal and Head of Asia Institutional. The expansion marks the firm's entry into the Asia-Pacific region as it builds out its global capital-raising platform, following its existing offices in Toronto, New York, and London.

Janney Welcomes Adam Runk And Greg Marco In Lancaster, Pennsylvania

By Amit Chowdhry ● Apr 28, 2026

Janney Montgomery Scott has announced the addition of Adam Runk and Greg Marco as Executive Vice Presidents of Investments in its Lancaster, Pennsylvania office. The two advisors join from FNB Trust, bringing client relationships representing more than $760 million in assets. They are joined by Account Executive Gizem Folk and Private Client Associate David Whiting.

LPL Launches Military Deployment Practice Continuation Program For Affiliated Advisors

By Amit Chowdhry ● Apr 28, 2026

LPL Financial, one of the fastest-growing wealth management firms in the United States, has launched its Military Deployment Practice Continuation Program, a new support framework designed to help eligible LPL-affiliated financial advisors who serve in the U.S. Armed Forces maintain the value and stability of their practices when called to active duty.

Integrity Acquires TC Financial To Expand AI-Driven Insurance Distribution In The Midwest

By Amit Chowdhry ● Apr 28, 2026

Integrity, a Dallas-based AI-first distribution platform for life and health insurance, wealth management, and retirement planning, has acquired TC Financial, an independent marketing organization based in Minneapolis, Minnesota. Financial terms of the transaction were not disclosed.

Cetera Launches Cetera Planning Partners As A Nearly $19 Billion National RIA

By Amit Chowdhry ● Apr 28, 2026

Cetera Financial Group has launched Cetera Planning Partners, a national employee-advisor registered investment advisory firm unifying Avantax Planning Partners and The Retirement Planning Group into a single integrated platform. The combined entity will oversee approximately 19 billion dollars in assets under advisement across more than 100 advisors, operating within Cetera's RIA and Branches channel.