Asset Management

Cetera Welcomes Advisor Shawn Longley And Ledgevest Financial Team With Approximately $205 Million In AUA

By Amit Chowdhry ● Feb 21, 2026

Cetera Financial Group, a wealth hub supporting independent advisors, announced that financial advisor Shawn Longley and his Ledgevest Financial team have joined the firm from Wells Fargo Advisors Financial Network, where Longley had been affiliated for 17 years.

AE Wealth Management: Veteran Wealth Executive Shannon Larson Appointed President

By Amit Chowdhry ● Feb 21, 2026

AE Wealth Management announced that industry veteran Shannon Larson has joined the firm as president, marking a key leadership addition as the company continues an ambitious expansion strategy.

Elevation Point Invests In Hampton Bluff Capital Partners

By Amit Chowdhry ● Feb 21, 2026

Elevation Point has made a strategic minority investment in Hampton Bluff Capital Partners, a newly launched independent wealth management firm based in Atlanta, Georgia, as the growth-focused partner continues expanding its footprint among breakaway advisory teams.

Aprio Wealth Management Names Courtney Holt Chief Compliance Officer

By Amit Chowdhry ● Feb 21, 2026

Aprio Wealth Management, an SEC-registered investment advisor with over $5 billion in assets under management, offering integrated, fiduciary-based advisory services across all 50 states, announced that Courtney Holt has joined the firm as chief compliance officer. In this role, Holt will lead the firm’s compliance strategy, ensuring that its continued growth is grounded in strong regulatory governance and a commitment to client protection.

World Investment Advisors Appoints Jeffrey Sheftic As Chief Growth Officer

By Amit Chowdhry ● Feb 21, 2026

World Investment Advisors, a financial advisory firm and division of World Insurance Associates, announced that Jeffrey Sheftic has joined the firm as Chief Growth Officer, bringing more than 30 years of wealth management leadership experience to drive organic growth, advisor engagement, and operational clarity.

LPL Brings In $275 Million Firm Shoreline Private Wealth Management

By Amit Chowdhry ● Feb 21, 2026

LPL Financial announced that Jason Mochi of Shoreline Private Wealth Management has joined its broker-dealer and Registered Investment Advisor platform. Mochi reported serving approximately $275 million in advisory, brokerage and retirement plan assets and joins LPL from Morgan Stanley.

Ascentis Launches Family Wealth Division

By Amit Chowdhry ● Feb 21, 2026

Ascentis Wealth Management, a part of Ascentis Holdings, announced that it is welcoming Ascentis Family Wealth, a newly launched Dallas-based wealth advisory practice led by Kevin Gray.

Evolve Private Wealth Names Brett Cohen As Managing Partner

By Amit Chowdhry ● Feb 20, 2026

Evolve Private Wealth, an independent wealth management firm serving high-net-worth and ultra-high-net-worth families, announced it has appointed Brett Cohen as Managing Partner, strengthening its leadership team as the firm continues its national expansion.

LPL Financial Onboards $300 Million Advisor Tom Madigan To Thimble Island Private Wealth

By Amit Chowdhry ● Feb 20, 2026

LPL Financial announced that financial advisor Tom Madigan, CEPA, has joined its broker-dealer, registered investment advisor, and custodial platforms, aligning with Thimble Island Private Wealth, a firm supported by LPL Strategic Wealth. Madigan reported serving approximately $300 million in advisory, brokerage, and retirement assets and joins LPL from UBS.

Envestnet Appoints Rich Friedberg As Chief Information Security Officer

By Amit Chowdhry ● Feb 20, 2026

Envestnet announced the appointment of Rich Friedberg as Chief Information Security Officer, extending the company’s C-suite transformation and reinforcing its focus on enterprise resilience, secure-by-design innovation, and disciplined cyber governance across its $7.4 trillion platform.

Hamachi.ai Selected By Broker-Dealer United Planners As First Enterprise AI Partner

By Amit Chowdhry ● Feb 20, 2026

Hamachi.ai, a regulatory-first, AI-powered Wealth Intelligence Platform built for investment advisors and asset managers, announced that United Planners has selected the company as its first enterprise generative AI partner. The agreement marks the first formal enterprise-level adoption of Hamachi by a broker-dealer, delivering compliant, advisor-ready AI capabilities at scale across the firm’s national network.

Orion Expands Integration With DPL Financial Partners To Embed Commission-Free Annuities In Orion Connect

By Amit Chowdhry ● Feb 20, 2026

Orion and DPL Financial Partners announced an expanded integration that embeds DPL’s annuity comparison and analysis tools directly into Orion Connect, the company’s flagship advisor platform. The move gives financial advisors seamless, in-platform access to commission-free annuities and insurance solutions designed to improve client outcomes and support organic growth.

Merit Financial Advisors Onboards $208 Million Firm GlennCo In Pennsylvania Expansion

By Amit Chowdhry ● Feb 19, 2026

Merit Financial Advisors, a Georgia-based financial advisory firm specializing in financial planning and wealth management solutions for high-net-worth individuals, families, and those navigating life transitions, announced it has acquired GlennCo, LLC, a Newtown, Pennsylvania-based wealth management firm overseeing approximately $208 million in total assets.

Raymond James Onboards $682 Million Firm Touchpoint Financial

By Amit Chowdhry ● Feb 19, 2026

Raymond James Financial Services (RJFS) announced the addition of financial advisors Reed Thompson, David Erwin, John Pratti, John Nolan, Patrick Sheehan, and Jillian Feehan to its independent advisor channel, according to Ted Desautels, Northeast assistant divisional director for RJFS.

AE Wealth Management Appoints Shannon Larson As President

By Amit Chowdhry ● Feb 19, 2026

AE Wealth Management announced that industry veteran Shannon Larson has joined the firm as president, reinforcing its leadership team as it continues an extended period of rapid expansion.

Compound Planning Expands Leadership And Advisor Ranks After Surpassing $4 Billion In AUM

By Amit Chowdhry ● Feb 19, 2026

Compound Planning, a digital family office and tech-enabled registered investment adviser, announced a series of executive hires and advisor additions as it builds on strong growth momentum following a standout 2025 in which the firm surpassed $4 billion in assets under management.

Edward Jones Expands Fixed Income And Overlay Management Capabilities Through Moment Relationship And Natixis Acquisition

By Amit Chowdhry ● Feb 18, 2026

Edward Jones announced a new relationship with Moment, a fixed income trading and portfolio management platform, along with the completion of its acquisition of Natixis Investment Managers’ Overlay Management Services capabilities. The moves are designed to strengthen the firm’s technology and service infrastructure and expand its ability to deliver personalized, tax-optimized portfolio solutions at scale.

Mercer Advisors Expands Managing Partner Leadership In New Jersey, Philadelphia, And San Diego Markets

By Amit Chowdhry ● Feb 18, 2026

Mercer Global Advisors, operating as Mercer Advisors, a national registered investment adviser, has appointed Abby Salameh and Chris Walters as Managing Partners to oversee key growth markets as the firm continues expanding its fiduciary family office platform across the U.S.

Morgan Stanley Investment Management Closes $220 Million Consumer Loan-Backed Private Securitization

By Amit Chowdhry ● Feb 17, 2026

Morgan Stanley Investment Management has closed a revolving and rated private securitization backed by consumer personal loans, marking the first asset-based finance securitization from its AIP Alternative Lending Group.

Charles Schwab: $27.8 Billion In Core Net New Assets For January

By Amit Chowdhry ● Feb 17, 2026

The Charles Schwab reported $27.8 billion in core net new assets for January 2026, according to its monthly activity report released on February 13, 2026, highlighting continued client engagement and seasonal inflows at the start of the year.

FMG Names Matt Newman As Chief Revenue Officer To Drive Enterprise Growth

By Amit Chowdhry ● Feb 17, 2026

FMG has appointed Matt Newman as Chief Revenue Officer as the company looks to accelerate enterprise expansion across wealth management and insurance markets.

MAI Capital Expands With $759 Million Firm LOC Investment Advisers Acquisition

By Amit Chowdhry ● Feb 17, 2026

LOC Investment Advisers has officially joined MAI Capital Management, marking a new chapter for both firms and expanding MAI’s presence in the wealth management sector.

Caprock Expands Greater New York Presence With New Livingston, New Jersey Office

By Amit Chowdhry ● Feb 15, 2026

Caprock, a leading multi-family office registered investment advisor serving ultra-high-net-worth clients, announced it has relocated to a new, larger office in Livingston, New Jersey, to support continued advisor and client growth across the Greater New York region.

Nour Private Wealth Expanding Into Investment Fund Management To Broaden Private-Market Access

By Amit Chowdhry ● Feb 15, 2026

Nour Private Wealth announced it is expanding its multi-family office platform to include investment fund management capabilities through Nour Private Management, an affiliate of the firm. The move is designed to provide ultra-high-net-worth families with structured and curated access to private-market opportunities within NPW’s integrated advisory framework.

RBC Wealth Management Expands Echelon Lifestyle Services Platform For Ultra-High-Net-Worth Clients

By Amit Chowdhry ● Feb 15, 2026

RBC Wealth Management announced the expansion of RBC Echelon, its premier platform for ultra-high-net-worth clients, with the addition of three industry-leading lifestyle services providers: a luxury travel concierge, a premium collections storage and logistics specialist, and expanded fine art advisory services that now include collectibles and appraisal support. The additions bring the curated RBC Echelon network to 16 external providers.

Fidelity Launches Two Active CLO ETFs: FAAA and FCLO

By Amit Chowdhry ● Feb 15, 2026

Fidelity Investments announced the launch of two actively managed exchange-traded funds that provide investors with access to the collateralized loan obligation market: the Fidelity AAA CLO ETF (FAAA) and the Fidelity CLO ETF (FCLO). The funds are listed on the Nasdaq Stock Market and are available commission-free for individual investors and financial advisors through Fidelity’s online brokerage platforms.

Praxis Group Names Tarek El Moghrabi To Lead Middle East Growth

By Amit Chowdhry ● Feb 15, 2026

Praxis has appointed Tarek El Moghrabi as Regional Head of Growth and Business Development for the GCC, as the firm looks to expand with rising demand for private wealth, corporate, and funds services in the Middle East. The appointment underscores Praxis’ long-term commitment to the region, where it has maintained an on-the-ground presence in Abu Dhabi and Dubai for roughly a decade.

Raymond James Brings In $730 Million Wealth Management Team

By Amit Chowdhry ● Feb 15, 2026

Raymond James announced it has added a six-advisor team in Wisconsin to Raymond James Financial Services, the firm’s independent advisor channel, as it continues to expand its footprint among independent practices.

LPL Financial Onboards $420 Million Sound Wealth Advisors Team

By Amit Chowdhry ● Feb 15, 2026

LPL Financial announced two financial advisors from Sound Wealth have joined the firm’s broker-dealer and Registered Investment Advisor platform, bringing an advisory practice that reported approximately $420 million in advisory, brokerage, and retirement plan assets.

PNC Wealth Management Launches Integrated Banking And Investing Experience For Emerging And Mass Affluent Customers

By Amit Chowdhry ● Feb 14, 2026

PNC Wealth Management has launched PNC Premier Client, a new integrated banking and investment offering designed for individuals and families seeking a more holistic, high-touch financial relationship as their needs become more sophisticated. The program is targeted at clients who have more than $100,000 at PNC and will be delivered through PNC Wealth Management’s national network of affluent bankers and financial advisors.