Asset Management

Osaic: $164 Million Advisor Chris Livingston Joins

By Amit Chowdhry ● Jan 29, 2026

Osaic announced that financial advisor Chris Livingston has affiliated with the firm and joined Oakfield Wealth Management Group, an Osaic-affiliated team led by Private Wealth Advisor Anthony Macaluso. Livingston, who is based in Brooklyn, New York, brings approximately $164 million in assets under administration and more than 25 years of industry experience to the platform.

Raymond James Unveils ‘Rai,’ A Proprietary AI Operations Agent For Internal Q&A And Process Support

By Amit Chowdhry ● Jan 29, 2026

Raymond James has launched a proprietary digital AI operations agent called Rai, expanding the firm’s long-term artificial intelligence strategy with a new internal tool designed to deliver fast, curated answers to operational questions. The agent uses natural language processing and generative AI to respond in plain language, drawing on multiple Raymond James knowledge bases and adapting over time based on user activity and preferences.

NewEdge Advisors Adds $1.4 Billion ClearTrust Wealth Advisors Team In Tennessee

By Amit Chowdhry ● Jan 29, 2026

NewEdge Capital Group announced ClearTrust Wealth Advisors has affiliated with NewEdge Advisors, bringing a 24-person team and approximately $1.4 billion in client assets to the firm’s growth-oriented registered investment advisor platform. ClearTrust is based in Franklin, Tennessee, and joins from Ameriprise Financial, where the team managed the assets prior to the move.

Wealth.com Launches Integrated Tax Planning Platform to Unify Tax Strategy, Estate Planning, And Execution Workflows

By Amit Chowdhry ● Jan 28, 2026

Corient Acquires $766.7 Million Firm Palo Alto Wealth Advisors

By Amit Chowdhry ● Jan 28, 2026

Corient announced it has acquired the business of Palo Alto Wealth Advisors, a Palo Alto, California-based registered investment advisor with $766.7 million in assets under management, as the firm continues to build its West Coast presence and deepen its reach in Silicon Valley.

BNY Realigns Leadership To Push Deeper Into Wealth Solutions

By Amit Chowdhry ● Jan 28, 2026

BNY announced it has made a series of executive leadership changes designed to further align its businesses and accelerate growth in its Wealth Solutions and managed accounts strategy, bringing more of its wealth and advisor-facing capabilities under a single leader.

Sowell Management Names Daryl Seaton CEO In Planned Leadership Transition

By Amit Chowdhry ● Jan 28, 2026

Sowell Management, a registered investment advisor serving financial advisors nationwide, announced that it has appointed Daryl Seaton as chief executive officer as part of a long-planned leadership transition.

Raymond James Brings In $201 Million Plymouth, Michigan Team From UBS

By Amit Chowdhry ● Jan 28, 2026

Raymond James has recruited financial advisor Ronald Shmyr to Raymond James & Associates, the firm’s employee advisor channel, adding a Plymouth, Michigan-based practice overseeing about $201 million in client assets, according to Upper Midwest regional director Dominic Prioli.

LPL Brings In $2 Billion Advisors To Form Moto Wealth Partners

By Amit Chowdhry ● Jan 28, 2026

LPL Financial announced wealth advisors Breanne Bovara, CPWA, and Derrick Petry, CFA, have joined Linsco by LPL Financial to launch Moto Wealth Partners, bringing with them approximately $2 billion in advisory, brokerage and retirement plan assets from their prior firm. The team is joining LPL from Fifth Third Private Bank and will be based in Cincinnati and Dayton, Ohio, serving high net worth and ultra high net worth families nationwide with a strong footprint in those markets.

Mission Wealth Announces Merger With PBL Wealth Management

By Amit Chowdhry ● Jan 28, 2026

Mission Wealth has announced a strategic merger with PBL Wealth Management, LLC, an independent fiduciary wealth advisory firm founded by Adam Broughton, CFP, CPWA. The partnership expands Mission Wealth’s presence in Texas and supports its continued national growth, with Broughton joining Mission Wealth as a Partner and Senior Wealth Advisor.

NorthRock Partners Onboards $500 Million Firm Martin & Associates And Tops $11 Billion In AUM

By Amit Chowdhry ● Jan 28, 2026

NorthRock Partners announced that an Illinois-based advisory firm, Martin & Associates, has joined the company, extending NorthRock’s presence in the state and pushing the firm past $11 billion in total assets under management. NorthRock said the team, which previously was affiliated with Ameriprise Financial, is expected to add about $500 million in AUM and represents NorthRock’s first transaction of the year.

Forta Wealth Partners Launches In Indianapolis After Elevation Point Minority Investment

By Amit Chowdhry ● Jan 28, 2026

Forta Wealth Partners, a newly launched independent wealth management firm based in Indianapolis, has entered the market with a strategic minority investment from Elevation Point.

Empower Promotes Joe Smolen To President Of Workplace Solutions

By Amit Chowdhry ● Jan 27, 2026

Empower has promoted longtime executive Joe Smolen to President of its Workplace Solutions business unit, expanding his remit to oversee strategy, growth, relationship management, and product for what the company described as America’s second largest retirement services provider. The leadership changes were announced January 21, 2026, and are effective immediately.

Churchill Asset Management Committed Nearly $16 Billion Across 380+ Transactions In 2025

By Amit Chowdhry ● Jan 26, 2026

Churchill Asset Management, Nuveen’s middle-market private capital platform, said it recorded its highest levels of investment and capital raising in 2025 as it enters its 20th anniversary year.

Advyzon Adds Schwab Asset Management’s Wasmer Schroeder Strategies As First Manager Traded Fixed Income Offering

By Amit Chowdhry ● Jan 26, 2026

Advyzon Investment Management, the investment solutions arm of wealthtech platform Advyzon, is expanding its fixed-income lineup through a new relationship with Schwab Asset Management, which introduces Wasmer Schroeder Strategies to Advyzon’s Manager Traded Strategy program.

Franklin Templeton Rebrands Alcentra And Benefit Street Partners Under Unified BSP Alternative Credit Platform

By Amit Chowdhry ● Jan 26, 2026

Franklin Templeton has aligned its U.S. and European alternative credit businesses, Benefit Street Partners and Alcentra, under an updated Benefit Street Partners (BSP) brand, completing the firms’ integration following Franklin Templeton’s acquisitions of BSP in 2019 and Alcentra in 2022.

Raymond James Brings In $175 Million Advisor Janet Bone

By Amit Chowdhry ● Jan 24, 2026

Raymond James has welcomed St. Louis-based financial advisor Janet Bone, CFP, to Raymond James & Associates, the firm’s employee advisor channel, according to Amy Smart, Mid-American regional director for RJA.

Sapient Capital Adds Former JPMorgan Managing Director Sarah White As Partner in New York

By Amit Chowdhry ● Jan 24, 2026

Sapient Capital has recruited veteran private banker Sarah White as a Partner and Wealth Advisor in the firm’s New York office, adding a senior advisor with decades of experience serving ultra-high-net-worth families.

TritonPoint Partners Onboards $300 Million Firm Advocate Wealth In Buffalo

By Amit Chowdhry ● Jan 24, 2026

Advocate Wealth has joined TritonPoint Partners as the Buffalo-based advisory practice of Managing Director and founder Jonathan Amoia, expanding TritonPoint’s footprint in the U.S. Northeast and adding an advisor focused on business-owner and multigenerational planning.

LPL Partners With Wealth.com To Expand Estate Planning Access For 32,000+ Advisors

By Amit Chowdhry ● Jan 24, 2026

Wealth.com has struck a strategic relationship with LPL Financial that will make its end-to-end estate planning platform available across LPL’s ecosystem, extending access to more than 32,000 advisors and supporting LPL’s wealth planning and advanced planning teams through direct integration.

JPMorgan Acquires WealthOS To Boost UK Pensions Technology And Retirement Planning

By Amit Chowdhry ● Jan 24, 2026

JPMorgan Chase has completed its acquisition of UK-based pensions technology platform WealthOS, according to several media reports. WealthOS investor nVentures also confirmed the deal in a LinkedIn post. This deal marks the latest move by the U.S. banking giant to expand its capabilities in retirement and long-term savings.

Eldridge And Carlyle AlpInvest Launch Diversified Credit Platform And Close First Fund

By Amit Chowdhry ● Jan 24, 2026

Eldridge and Carlyle AlpInvest announced they have partnered to launch the Eldridge Diversified Credit platform, anchored by the closing of Eldridge Diversified Credit Fund I (EDCF I), the inaugural vehicle for the strategy.

Wealthcare Crosses $10 Billion In AUM And Expands Advisor Platform

By Amit Chowdhry ● Jan 23, 2026

Wealthcare Capital Management announced it delivered 32% assets-under-management growth in 2025, ending the year with more than $10 billion in AUM as the technology-enabled RIA continued to add advisors, roll out new partnerships, and expand its service model for independent firms.

LPL Onboards $150 Million Firm Wilson Peak Wealth

By Amit Chowdhry ● Jan 23, 2026

Jeffrey J. Wilson and Michael Sadowski have moved Wilson Peak Wealth Management to LPL Financial’s broker-dealer and registered investment advisor platform, aligning with Private Advisor Group to support the firm’s next phase of growth. The advisors reported serving approximately $150 million in advisory, brokerage, and retirement plan assets and previously operated at Wells Fargo Advisors.

BCI Names Jon Salon Global Head Of Private Equity, Succeeding Jim Pittman

By Amit Chowdhry ● Jan 22, 2026

British Columbia Investment Management Corporation (BCI) has appointed Jon Salon as Executive Vice President and Global Head of Private Equity, effective February 2, 2026. Salon will lead BCI Private Equity’s C$36 billion-plus program and succeeds Jim Pittman, who has led the platform since 2016 and is departing BCI at the end of January.

Raymond James Recruits $100 Million Advisor Michael Thomason In Texas

By Amit Chowdhry ● Jan 22, 2026

Raymond James has hired financial advisor Michael Thomason to Raymond James & Associates, the firm’s employee advisor channel, and placed him in Frisco, Texas, where he will operate as Thomason Wealth Management of Raymond James.

Edelman Financial Engines Partners With Orion As Wealthtech Partner To Personalize Advice at Scale

By Amit Chowdhry ● Jan 22, 2026

Orion has entered a new collaboration with Edelman Financial Engines (EFE) to provide advisor technology and investment management solutions that support EFE’s planning teams, the companies said. Under the arrangement, EFE is unifying core functions—portfolio management, trading, data, reporting, and advisor engagement—on Orion’s connected ecosystem.

Prime Capital Financial Buys Bradshaw Rogers To Expand Planning And Tax Platform In The Carolinas

By Amit Chowdhry ● Jan 22, 2026

Prime Capital Financial has acquired Bradshaw Rogers Financial Partners, a Salisbury, North Carolina-based wealth management firm overseeing about $600 million in assets under management, as the Overland Park, Kansas-headquartered firm continues to scale its planning-first and tax-integrated offering nationwide.

Maple Brings Institutional Yield Products to Base’s Onchain Ecosystem

By Amit Chowdhry ● Jan 22, 2026

Maple announced it has launched on Base, Coinbase-incubated Layer 2 network, in a move aimed at expanding distribution for its institutional-focused credit and yield products across one of the largest and fastest-growing onchain ecosystems.

Jump And Focus Financial Partners Team Up On AI Workflows To Boost Advisor Productivity

By Amit Chowdhry ● Jan 22, 2026

Jump, an AI software provider for financial advisors, has struck a strategic partnership with Focus Financial Partners to help Focus-affiliated advisory and business management firms streamline meeting-related work and turn client conversations into structured, actionable data.