Asset Management

Kestra Financial Names Kelly Apple Head Of Wealth Management After 13+ Years At BlackRock

By Amit Chowdhry ● Aug 26, 2026

Kestra Financial has appointed Kelly Apple as Head of Wealth Management, placing the longtime asset management executive in charge of expanding the firm's investment, planning and advisory capabilities.

Victory Capital To Acquire First Eagle For $7 Billion, Creating $571 Billion Asset Manager

By Amit Chowdhry ● Aug 26, 2026

Victory Capital has agreed to acquire First Eagle Investments for approximately $7 billion, creating a combined global asset manager expected to oversee about $571 billion in total client assets.

Nomura Asset Management Names Linda Galsim Global Head Of Product To Lead Newly Created Product Management Group

By Amit Chowdhry ● Aug 26, 2026

Nomura Asset Management International has appointed Linda Galsim as Global Head of Product, a newly created role designed to unify the firm's global product capabilities and accelerate development across institutional and wealth management channels.

Noble Investment Group Adds Matt Noland As Capital Markets Director

By Amit Chowdhry ● Aug 26, 2026

Noble Investment Group has appointed Matt Noland as Director of Capital Markets, where he will focus on strategic asset realizations and debt origination and management across the hospitality-focused alternative asset manager's portfolio.

T. Rowe Price To Acquire $19 Billion Firm F/m Investments, More Than Doubling Fixed Income ETF Assets

By Amit Chowdhry ● Aug 25, 2026

T. Rowe Price has agreed to acquire F/m Investments, a fixed income asset manager and ETF specialist with approximately $19 billion in assets under management, expanding its capabilities across ETFs, institutional separate accounts and taxable and municipal separately managed accounts. Financial terms of the transaction were not disclosed.

Constellation Wealth Capital Takes Minority Stake In $7.6 Billion Firm Confluence Financial Partners

By Amit Chowdhry ● Aug 25, 2026

Constellation Wealth Capital has agreed to make a minority investment in Confluence Financial Partners, an independent wealth management firm with approximately $7.6 billion in assets under management and an additional $400 million in 401(k) plan assets. Financial terms of the transaction were not disclosed.

WealthReach And VastAdvisor Partner To Connect AI Search Intent With Paid Advisor Marketing

By Amit Chowdhry ● Aug 25, 2026

WealthReach and VastAdvisor have launched a partnership designed to connect organic prospect discovery with paid digital marketing for registered investment advisers and wealth management firms.

Mercer Advisors Acquires $220 Million Firm NorthAvenue As Ohio Valley Client Assets Reach $2.2 Billion

By Amit Chowdhry ● Aug 25, 2026

Mercer Advisors has acquired NorthAvenue Financial Advocates, a Columbus, Ohio-based wealth management firm with more than $220 million in assets under management, expanding Mercer's presence across the Ohio Valley.

The AmeriFlex Group Launches AI Scout Program As Firm Targets 100 Advisor Additions Over 24 Months

By Amit Chowdhry ● Aug 24, 2026

The AmeriFlex Group has launched an AI-enabled program called Scout that can analyze hundreds of advisory firms and create comprehensive profiles of practices that may be approaching succession, significantly accelerating a process that previously required substantially more manual review.

SEIA Launches Tax Services And Expands Family Office Platform Across $32.6 Billion Wealth Business

By Amit Chowdhry ● Aug 21, 2026

Signature Estate & Investment Advisors has launched SEIA Tax Services and expanded its family office capabilities as the $32.6 billion wealth management firm builds a more integrated platform for high-net-worth and ultra-high-net-worth clients. The firm is also introducing a refreshed brand identity as part of the broader initiative.

Coastline Wealth Management Secures Up To $100 Million From Brightwood And Completes 12 Acquisitions, Surpassing $6 Billion

By Amit Chowdhry ● Aug 21, 2026

Coastline Wealth Management has secured up to $100 million in financing from Brightwood Capital Advisors while simultaneously completing 12 acquisitions, pushing the independent wealth management platform above $6 billion in assets under management and administration.

LPL Brings In $190 Million Firm McCutchen Wesson Wealth Advisors

By Amit Chowdhry ● Aug 20, 2026

LPL Financial has added McCutchen Wesson Wealth Advisors, a Marion, Arkansas-based advisory team serving approximately $190 million in advisory, brokerage and retirement plan assets. The practice is led by financial advisors Paul McCutchen and Jarod Wesson, AAMS, and joins LPL Financial from Edward Jones.

Osaic Adds $367 Million Firm IronGate Services Through Carlson Advisor Networks

By Amit Chowdhry ● Aug 20, 2026

Osaic has added IronGate Services, a Cedar Rapids, Iowa-based advisory firm overseeing approximately $367 million in client assets, through Carlson Advisor Networks.

Franklin Templeton Closes $1.5 Billion Inaugural CFO To Expand Private Markets Access Across Lexington And Benefit Street

By Amit Chowdhry ● Aug 20, 2026

Franklin Templeton has closed its first Collateralized Fund Obligation, raising $1.5 billion from global investors and establishing a new capital formation channel for the firm's private markets platform.

Carson Group Onboards $405 Million Firm Yari Capital

By Amit Chowdhry ● Aug 20, 2026

Carson Group has added Yari Capital to its independent advisor channel, bringing approximately $405 million in assets under management to the wealth management platform.

The Wealth Consulting Group Surpasses $12.1 Billion AUA After 27% Growth And $2.6 Billion In Advisor Recruitment

By Amit Chowdhry ● Aug 20, 2026

The Wealth Consulting Group has surpassed $12.1 billion in assets under advisement as of July 31, 2026, marking a 27% growth rate since 2025 as the hybrid RIA and wealth management platform continues expanding through advisor recruitment and acquisitions.

Schwab: Client Assets Reach $13.04 Trillion As July Core Net New Assets Hit Record $58.1 Billion

By Amit Chowdhry ● Aug 19, 2026

The Charles Schwab Corporation reported $13.04 trillion in total client assets at the end of July 2026 as core net new assets reached $58.1 billion, a record for the month of July and a 24% increase from a year earlier.

Stratos Onboards $400 Million Firm RPI Financial Life Planners

By Amit Chowdhry ● Aug 19, 2026

Stratos Wealth Enterprises has entered into a strategic partnership with RPI Financial Life Planners that is expected to add approximately $400 million in assets while expanding Stratos' presence across the Midwest.