Asset Management

Baird Adds The Kashian Karels Group To Edina Wealth Management Office

By Amit Chowdhry ● Jun 23, 2026

Pierstone Wealth Management Launches Independent Advisory Firm In New York City

By Amit Chowdhry ● Jun 22, 2026

Pierstone Wealth Management announced the launch of its new independent advisory firm. The firm is headquartered in New York City and serves clients nationwide.

LPL Onboards $250 Million FA Daniel Zacharias

By Amit Chowdhry ● Jun 19, 2026

LPL Financial announced that financial advisor Daniel Zacharias has joined its broker-dealer and registered investment advisor platform.

Franklin Templeton Expands Canvas Platform With Preferred Partner Program

By Amit Chowdhry ● Jun 19, 2026

Franklin Templeton announced the launch of its Preferred Partner Program, an expansion of its Canvas platform that enables third-party asset managers to offer tax-managed versions of their proprietary investment strategies through Canvas.

SageSpring Wealth Partners Adds Five New Equity Partners

By Amit Chowdhry ● Jun 19, 2026

SageSpring Wealth Partners announced the addition of five new equity partners. The new partners are Chase Keen, Senior Vice President; Daniel Peterman, Senior Executive Vice President; Jason Plunkett, Senior Vice President; Ryan Terry, Senior Vice President; and Jackson Wilcox, Senior Vice President.

Stable Commits $100 Million To Zenzic Capital’s Evergreen Credit Strategy

By Amit Chowdhry ● Jun 19, 2026

Zenzic Capital announced that Stable Asset Management has made a $100 million strategic commitment to the Zenzic Real Estate Credit Opportunities Fund.

Salesforce Unveils Agentic Advisor For Financial Services

By Amit Chowdhry ● Jun 19, 2026

Salesforce announced Agentic Advisor, an AI-powered solution built natively in Agentforce for Financial Services.

Vestmark Surpasses $50 Billion In AUM

By Amit Chowdhry ● Jun 19, 2026

Vestmark announced that Vestmark Advisory Solutions has surpassed $50 billion in assets under management.

&Partners Expands With Advisor Additions Across South Carolina, Indiana, New Jersey And Beyond

By Amit Chowdhry ● Jun 19, 2026

&Partners announced several recent additions to its wealth management community, including Brandon Downey at Triune Wealth Management, Three Points Wealth Planners, Brookside Wealth Advisors, and new team members at Wavewood Private Wealth.

Genesis Wealth Welcomes $725 Million Advisor Alan Feutz

By Amit Chowdhry ● Jun 19, 2026

Genesis Wealth announced that Alan Feutz has joined the firm as Partner and Wealth Advisor. Feutz joins Genesis Wealth from JPMorgan Securities, where he previously oversaw $725 million in client assets. He is based in Deerfield, Illinois, and brings 26 years of industry experience.

UBS Hires Financial Advisors Managing Over $2 Billion In Assets

By Amit Chowdhry ● Jun 19, 2026

UBS Wealth Management announced the recent hiring of several financial advisors and teams in its Southeast Region who collectively manage more than $2 billion in assets.

Oxford Financial Group Expands Cincinnati Office With Two Managing Director Appointments

By Amit Chowdhry ● Jun 19, 2026

Oxford Financial Group announced the appointment of Neal Davis and Ashlee Walton as Managing Directors in its Cincinnati office.

UBS Hires $1.2 Billion FA Adam Conish In Philadelphia

By Amit Chowdhry ● Jun 18, 2026

UBS Wealth Management announced that financial advisor Adam Conish has joined the firm in Philadelphia. Conish manages approximately $1.2 billion in assets.

LPL Onboards $1.5 Billion Firm Spectrum Wealth Strategies

By Amit Chowdhry ● Jun 18, 2026

LPL Financial announced that the financial advisors of Spectrum Wealth Strategies have joined its broker-dealer and Registered Investment Advisor platform.

Wendel Names Cyril Marie To Executive Board And Asset Management Role

By Amit Chowdhry ● Jun 18, 2026

Wendel announced the appointment of Cyril Marie as a member of its Executive Board and Executive Vice President in charge of Asset Management, effective July 1, 2026.

Morningstar Wealth Teams With Apollo, Franklin Templeton And J.P. Morgan Asset Management To Develop Public/Private Model Portfolios

By Amit Chowdhry ● Jun 18, 2026

Morningstar announced that its Morningstar Wealth division is working with Apollo, Franklin Templeton, and J.P. Morgan Asset Management to launch a suite of public/private model portfolios designed to give financial advisors a research-driven way to access private markets.

Franklin Templeton Expands Canvas Platform With Tax Overlay Capabilities

By Amit Chowdhry ● Jun 18, 2026

Franklin Templeton announced the launch of its Preferred Partner Program, also known as Canvas P3, an expansion of its Canvas platform that enables third-party asset managers to offer tax-managed versions of their proprietary investment strategies.

Osaic: $300 Million Firm Signature Private Wealth Management Joins

By Amit Chowdhry ● Jun 18, 2026

Osaic announced that Signature Private Wealth Management has joined its network of independent advisors.

Modera Wealth Management Onboards $312 Million Firm Northstar

By Amit Chowdhry ● Jun 18, 2026

Modera Wealth Management announced that it has completed a transaction with Northstar Financial Planners, a registered investment adviser based in Plantation, Florida. The transaction adds $311.6 million in assets under management to Modera and expands the firm’s presence in Florida.

Goldman Sachs Surpasses $1 Trillion In Announced M&A Volume Year-To-Date

By Amit Chowdhry ● Jun 16, 2026

Goldman Sachs Investment Banking announced that it has advised on more than $1 trillion in announced mergers and acquisitions volume year-to-date, marking the first time in history that any bank has reached this milestone within a half-year period.

NewEdge Wealth Expands Nashville Presence With Team Led By James Nichols

By Amit Chowdhry ● Jun 16, 2026

NewEdge Capital Group announced that a team led by James Nichols has joined NewEdge Wealth, further expanding the firm’s presence in Nashville and strengthening its ability to serve ultra-high-net-worth and high-net-worth families, family offices, and institutional clients in the growing market.

Zocks Launches Client Queries To Help Advisors Identify Growth Opportunities And Service Gaps Using AI

By Amit Chowdhry ● Jun 16, 2026

Zocks, a privacy-first AI platform for financial services, announced the launch of Client Queries, a new agentic AI capability that enables financial advisors and enterprise firms to identify organic growth opportunities and unmet client service needs across their books of business using natural language queries.

Merit Financial Partners With Prizm To Expand Insurance Services For Wealth Management Clients

By Amit Chowdhry ● Jun 16, 2026

Merit Financial Advisors announced a strategic partnership with Prizm, bringing the digital insurance platform’s capabilities to the wealth management firm’s advisors and clients across the United States.

Beacon Coast Partners Launches Independent Wealth Advisory Firm Focused On Ultra-High-Net-Worth Clients

By Amit Chowdhry ● Jun 16, 2026

Beacon Coast Partners announced the launch of an independent, employee-owned registered investment advisor focused on serving ultra-high-net-worth individuals and families, particularly those preparing for or navigating major liquidity events.

Simplicity Acquires August H. Velten & Associates And Names Founder August Velten A Partner

By Amit Chowdhry ● Jun 15, 2026

Simplicity Group announced the acquisition of August H. Velten & Associates, an independent retail wealth management and annuity producer based in Melbourne, Florida. As part of the transaction, founder August Velten has become a Simplicity Partner, and the registered investment advisory firm will soon rebrand as Simplicity Wealth Advisors: Melbourne.

Edward Jones Expands Workplace Retirement Solutions With New Product Partners And Small Business Initiatives

By Amit Chowdhry ● Jun 15, 2026

Edward Jones announced a major expansion of its workplace retirement plan offerings, adding new product partners and broadening capabilities aimed at helping business owners and employees improve their long-term financial outcomes.

LPL: $150 Million Firm Fortress Financial Planning Joins Platform

By Amit Chowdhry ● Jun 15, 2026

LPL Financial announced that Fortress Financial Planning has joined its broker-dealer and registered investment advisor platform. Advisors Bassem Moez, CRPC, and James Darden, JD, reported serving approximately $150 million in advisory, brokerage, and retirement plan assets and transitioned to LPL from MassMutual.

Goldman Sachs Lowers 2027 Brent Oil Forecast To $80 Amid Supply Growth And Demand Risks

By Amit Chowdhry ● Jun 14, 2026

Goldman Sachs has lowered its average Brent crude oil price forecast for 2027 to $80 per barrel, citing stronger global supply growth and continued weakness in demand, particularly in China. According to a research note from the investment bank via Reuters, rising oil production from the United States, Brazil, Guyana, Venezuela, and the United Arab Emirates, combined with structural shifts in energy consumption, is expected to weigh on prices over the longer term. Goldman said it expects more than 10% of the current weakness in demand to persist as China's transition toward alternative energy sources, including electric vehicles, accelerates.

Mariner To Acquire $218 Million RIA Atlantic Wealth Partners

By Amit Chowdhry ● Jun 12, 2026

Mariner announced plans to acquire Atlantic Wealth Partners, a Jupiter, Florida-based advisory firm overseeing approximately $218 million in assets, expanding its capabilities and commitment to serving first responders and public safety professionals.

MAI Capital Acquires $273 Million RIA Saybrook Wealth Group

By Amit Chowdhry ● Jun 12, 2026

MAI Capital Management announced that it has signed an agreement to acquire Saybrook Wealth Group, a Connecticut-based registered investment adviser with approximately $273 million in assets under management, expanding MAI’s presence in the Northeast region. Financial terms of the transaction were not disclosed.