Asset Management

Envestnet And Vanguard Expand Partnership To Deliver Tax-Efficient Investment Solutions For Financial Advisors

By Amit Chowdhry ● Jul 9, 2026

Envestnet announced an expanded strategic relationship with Vanguard to provide financial advisors with scalable, tax-efficient investment solutions by combining Vanguard's Advisor's Alpha® framework and model portfolios with Envestnet's Adaptive WealthTech platform.

Aspire Wealth Advisory: Former Citi Executive Edward Karan Launches Firm With Over $100 Million In AUM

By Amit Chowdhry ● Jul 9, 2026

Aspire Wealth Advisory Group, a newly launched registered investment adviser (RIA), has officially debuted with more than $100 million in assets under management (AUM), targeting high-net-worth individuals and families seeking institutional-quality wealth management delivered through a boutique advisory model.

Prairie Wealth Advisors Names Mike Finnegan As Chief Investment Officer

By Amit Chowdhry ● Jul 9, 2026

Prairie Wealth Advisors announced it has appointed Mike Finnegan, CFA, as chief investment officer (CIO), adding more than three decades of investment leadership experience as the registered investment advisor continues to expand its investment platform. Based in Omaha, Finnegan will help shape the firm’s investment philosophy, oversee portfolio strategy, and enhance manager research and due diligence.

Goldman Sachs Wins $70 Billion In Retirement Asset Management Mandates From Verizon And Lockheed Martin

By Amit Chowdhry ● Jul 9, 2026

Goldman Sachs announced it has secured $70 billion in retirement asset management mandates from Verizon Communications and Lockheed Martin, strengthening its position in the growing outsourced chief investment officer (OCIO) market, according to CNBC.

E1 Capital: Interview With Chief Investment Officer Victor Baev About The Diversified U.S. Mortgage Opportunities Strategy

By Amit Chowdhry ● Jul 9, 2026

E1 Capital is a diversified U.S. mortgage opportunities strategy from Dundon Advisers, the New York-based credit investment and advisory firm founded in 2016. The strategy's Chief Investment Officer, Victor Baev, has spent more than two decades investing across nearly every part of the U.S. mortgage market, including buy-side years at Pine River Capital Management and Two Harbors Investment Corp. that carried him through cycles from the post-crisis recovery to COVID. Baev describes Dundon E1 as the natural next chapter of that career, pairing the playbook he refined over that span with Dundon's ten-year track record in credit. Pulse 2.0 interviewed Dundon E1 Capital Chief Investment Officer Victor Baev to learn more.

Aspen Standard Wealth Welcomes $1.3 Billion Firm CWS Financial Advisors

By Amit Chowdhry ● Jul 8, 2026

Aspen Standard Wealth announced that CWS Financial Advisors has joined its platform. CWS is a boutique wealth management firm based in Kalamazoo, Michigan, with offices in the San Francisco Bay Area. CWS advises on approximately $1.3 billion in client assets and serves households nationally. The firm has a legacy dating back to 1983 and operates as an independent, fee-only registered investment advisor.

Berthel Fisher Recruits APP Financial, A $146 Million Practice

By Amit Chowdhry ● Jul 8, 2026

Berthel Fisher Companies announced the successful recruitment of APP Financial, a Fort Wayne, Indiana-based practice with approximately $146 million in client assets. The practice is led by financial professional Gregory Whitenack.

Mariner Adds Family Care And Healthcare Navigation Support Through Cariloop

By Amit Chowdhry ● Jul 8, 2026

Mariner announced a partnership with Cariloop, a caregiving support platform designed to help families navigate healthcare and long-term care decisions. The partnership gives Mariner associates and eligible clients access to caregiving tools, professional coaching, and provider guidance.

LPL Financial: $175 Million Firm Cypress Point Wealth Partners Joins Independent Advisor Network

By Amit Chowdhry ● Jul 8, 2026

LPL Financial announced that financial advisor Brian Lubel has affiliated with LPL Financial’s supported independence model, LPL Independent Advisor Network. The affiliation supports his existing independent practice, Cypress Point Wealth Partners.

Wavvest Adds $1.4 Billion Advisor Vinnie Maliakkal From Charles Schwab

By Amit Chowdhry ● Jul 8, 2026

Wavvest, a Chicago-based startup building an AI-native operating system for independent wealth managers, has named Vinnie Maliakkal as managing director and founding advisor of its in-house registered investment advisor. Maliakkal spent the last 11 years at Charles Schwab, where he managed $1.4 billion in client assets across 450 households before making the move.

Focus Financial Network Expands To East Coast With Jennifer McDonald

By Amit Chowdhry ● Jul 8, 2026

Focus Financial Network announced its expansion into the Mid-Atlantic with its first East Coast office in Winchester, Virginia. Jennifer McDonald has joined the firm in the new location as part of its national growth strategy.

William Blair Investment Management Appoints Olga Bitel As Chief Investment Strategist

By Amit Chowdhry ● Jul 8, 2026

William Blair Investment Management announced the appointment of Olga Bitel as Chief Investment Strategist. This is a newly established role focused on shaping the firm’s investment perspective across global markets and economies.

Steward Partners Appoints Joseph Glick As Chief Operating Officer

By Amit Chowdhry ● Jul 8, 2026

Steward Partners announced the appointment of Joseph Glick as Chief Operating Officer. Glick will have primary accountability for finance, operations, and technology as the firm builds infrastructure to support its next phase of growth.

Cerity Partners Names Will Peng As First Chief Innovation Officer

By Amit Chowdhry ● Jul 8, 2026

Cerity Partners announced the appointment of Will Peng as its first Chief Innovation Officer. The firm said the appointment reflects its commitment to using technology and AI to enhance workflows and the client experience as it continues to grow.

Kestra Financial Adds Austen Karr To Expand Western U.S. Business Development Team

By Amit Chowdhry ● Jul 8, 2026

Kestra Financial announced the continued expansion of its business development team with the addition of Austen Karr and the promotion of Jack Roller. Both will serve as Business Development Consultants, extending the firm’s recruiting coverage across the Western U.S.

LPL Financial: $170 Million Firm Haskin Private Wealth Advisors Joins Independent Advisor Network

By Amit Chowdhry ● Jul 8, 2026

LPL Financial Onboards $380 Million Advisor David Logsdon

By Amit Chowdhry ● Jul 8, 2026

LPL Financial announced that David Logsdon has joined the firm’s broker-dealer and Registered Investment Advisor platform. Logsdon reported serving approximately $380 million in advisory, brokerage, and retirement plan assets. Logsdon joins LPL from Wells Fargo Advisors. He is based in the Sun Valley, Idaho area and is the founder of Summit Ridge Financial Advisors.

Choreo Acquires Assets Of $700 Million Firm Resource Financial Group

By Amit Chowdhry ● Jul 8, 2026

Choreo announced that it acquired substantially all the assets of Resource Financial Group. RFG is a Wilmette, Illinois-based registered investment adviser with approximately $700 million in assets under management as of April 30, 2026.

Carson Group Acquired $201 Million Firm FFR Wealth Team

By Amit Chowdhry ● Jul 8, 2026

Carson Group announced the acquisition of FFR Wealth Team, which has transitioned into an integrated Carson Wealth office. The Covington, Kentucky-based team serves approximately $201 million in assets under management.

Franklin Resources Reports $1.79 Trillion In Preliminary Month-End AUM

By Amit Chowdhry ● Jul 7, 2026

Franklin Resources, operating as Franklin Templeton, reported preliminary month-end assets under management of $1.79 trillion as of June 30, 2026. This is up from $1.78 trillion as of May 31, 2026.

Goldman Sachs Appoints Evan Kotsovinos As Head Of Asset & Wealth Management Engineering

By Amit Chowdhry ● Jul 7, 2026

Goldman Sachs announced that Evan Kotsovinos has joined the firm as a Partner and head of Asset & Wealth Management Engineering. In this role, he will work with teams across Asset & Wealth Management and the broader Goldman Sachs Engineering organization.

Bartholomew & Company Launches Hybrid RIA With $6 Billion In Client Assets

By Amit Chowdhry ● Jul 7, 2026

Bartholomew & Company announced its launch as an independent hybrid Registered Investment Advisor. The Worcester-based firm oversees approximately $6 billion in client assets as of June 15, 2026.

Hightower Signature Wealth Adds $5+ Billion In AUM From Three Advisory Practices

By Amit Chowdhry ● Jul 7, 2026

Hightower Advisors announced the continued expansion of Hightower Signature Wealth with the addition of Private Vista, Hightower Great Lakes, and The McGuirk & De Nevi Group. Collectively, the three advisory practices add approximately $5 billion in AUM.

Socium Advisors Adds Travis Bearden And Steve Pitel To Support National Growth

By Amit Chowdhry ● Jul 7, 2026

Socium Advisors announced the addition of Travis Bearden as Partner and Steve Pitel as Private Wealth Advisor. The St. Louis-based Northwestern Mutual Private Client Group has $4.71 billion in total client assets.

Coller Capital And Cherry Bank Partner To Expand Access To Private Credit Secondaries

By Amit Chowdhry ● Jul 6, 2026

Coller Capital and Cherry Bank announced a distribution partnership to provide Cherry Bank clients with access to Coller Capital’s private credit secondaries investment strategy. The partnership is intended to broaden access to institutional-quality private markets strategies for wealth investors in Italy and across Europe.

Altera Closes Three Investment Strategies Totaling $136.5 Million

By Amit Chowdhry ● Jul 6, 2026

Altera announced that it has held closings on three separate investment strategies totaling $136.5 million in capital commitments. The alternative asset manager focuses on the lower market and invests across multiple asset classes.

Wealth Enhancement To Acquire Kaminsky-Silverman Group With Over $554 Million In Client Assets

By Amit Chowdhry ● Jul 6, 2026

Wealth Enhancement announced that it will acquire the Kaminsky-Silverman Group of Shufro Rose in New York City. The team manages over $554 million in client assets, and the transaction will bring Wealth Enhancement’s total client assets to more than $158 billion.

Evertern Wealth Expands Global Family Office Platform Through Vontobel SFA Alliance

By Amit Chowdhry ● Jul 4, 2026

Evertern Wealth announced a strategic alliance with Vontobel Swiss Financial Advisers, a wholly owned subsidiary of Vontobel Holding. The relationship expands Evertern Wealth’s ability to serve clients with international wealth management needs.

Cerity Partners Merges With Cordant Wealth Partners

By Amit Chowdhry ● Jul 4, 2026

Cerity Partners announced its merger with Cordant Wealth Partners, an Oregon-based registered investment adviser specializing in financial planning and investment management. Financial terms of the transaction were not disclosed.

Coastal Bridge Advisors, Waddell & Associates, And One Charles Private Wealth Combine Firms

By Amit Chowdhry ● Jul 2, 2026

Coastal Bridge Advisors, Waddell & Associates, and One Charles Private Wealth announced the completion of their strategic merger. The combined firm has more than $10 billion in assets under management as of June 30, 2026. Financial terms of the transaction were not disclosed.