Asset Management

Janney Montgomery Scott Welcomes Financial Advisor Shane Kelly In Darien, Connecticut

By Amit Chowdhry ● May 11, 2026

Janney Montgomery Scott has announced the addition of Shane Kelly as Financial Advisor and First Vice President of Wealth Management in Darien, Connecticut. Kelly joins from Oppenheimer & Co. and manages more than $120 million in client assets, continuing Janney's growth in the region.

&Partners Welcomes Principality Private Wealth In Arlington Heights, Illinois

By Amit Chowdhry ● May 11, 2026

&Partners has announced the addition of Principality Private Wealth, an established wealth management team based in Arlington Heights, Illinois. The team's arrival reflects continued growth across the &Partners community as the firm expands with experienced advisory groups who value alignment, independence, and a client-first approach.

&Partners Adds Nemec Wealth Advisors And 1796 Private Wealth To Expanding Advisory Network

By Amit Chowdhry ● May 8, 2026

&Partners announced the addition of Nemec Wealth Advisors and 1796 Private Wealth to its expanding wealth management partnership platform, further growing the firm’s national network of independent advisory practices focused on personalized client service and long-term financial planning.

MCF Advisors Acquires Hoff Bujnoch & Associates To Expand Northern Kentucky Presence

By Amit Chowdhry ● May 8, 2026

MCF Advisors announced the acquisition of Hoff Bujnoch & Associates, a Newport, Kentucky-based wealth management firm overseeing approximately $250 million in assets under management, as the registered investment adviser expands its presence in Northern Kentucky.

Wells Fargo Launches Advisor Gateway Platform With AI-Powered Tools For Financial Advisors

By Amit Chowdhry ● May 8, 2026

Wells Fargo announced the launch of Advisor Gateway, a modernized desktop technology platform designed for financial advisors across its Wealth & Investment Management business.

UBS Appoints Rick Penafiel As Market Executive For South Florida

By Amit Chowdhry ● May 8, 2026

UBS announced that Rick Penafiel will join the firm as Market Executive for South Florida, a newly established market created as part of the firm’s continued expansion and investment strategy across Florida.

Cache Surpasses $1.5 Billion In Assets And Launches New Exchange Fund For Accredited Investors

By Amit Chowdhry ● May 8, 2026

Cache announced that its platform has surpassed $1.5 billion in assets just 25 months after launching the Cache Exchange Fund, as the company also opened its Summer Aperture enrollment window and introduced a new exchange fund called Cobol for accredited investors.

Strickoff Financial Services Joins Ameriprise Financial’s Branch Channel With Nearly $140 Million In Client Assets

By Amit Chowdhry ● May 8, 2026

Strickoff Financial Services, led by Kive Strickoff, CPA, AIF, has joined the branch channel of Ameriprise Financial from Commonwealth Financial Network, bringing nearly $140 million in client assets to the firm.

LPL: Paxara Wealth Partners Launches Through Linsco With About $330 Million In Assets

By Amit Chowdhry ● May 8, 2026

LPL Financial announced that advisors Conley Thornhill, Doug Rathbun, and Nikki Rathbun joined Linsco by LPL Financial to launch Paxara Wealth Partners with approximately $330 million in advisory, brokerage, and retirement plan assets.

LPL Financial: Capital Investment Services Joins Platform With Approximately $775 Million In Assets

By Amit Chowdhry ● May 7, 2026

LPL Financial announced that advisors Bobby Lumpkin, Cindy Little, and Allina Bell of Capital Investment Services joined the firm’s broker-dealer and registered investment advisor platform with approximately $775 million in advisory, brokerage, and retirement plan assets.

Aspiriant Names Four New Partners Across San Francisco And Los Angeles Offices

By Amit Chowdhry ● May 7, 2026

Aspiriant announced the addition of four new partners to its ownership group as the independent wealth management firm continues expanding its employee-owned leadership structure.

Wealth Enhancement: Acquisition Of Sherpa Adds $108 Million In Client Assets

By Amit Chowdhry ● May 7, 2026

Wealth Enhancement announced the acquisition of Sherpa Wealth Strategies, a hybrid registered investment advisor based in Bend, Oregon, with more than $108 million in client assets. The transaction brings Wealth Enhancement’s total client advisory, trust, and brokerage assets to more than $148.2 billion.

Cetera: Milestone Wealth Management Joins With About $150 Million In AUA

By Amit Chowdhry ● May 7, 2026

Cetera Financial Group announced that financial advisor Jaakko “Jack” Kasko and his team at Milestone Wealth Management joined the firm after spending the past 10 years affiliated with Commonwealth Financial Network. Kasko and his Saint Joseph, Michigan-based team oversee approximately $150 million in assets under administration.

Pinnacle Financial Partners: Expansion Into Auburn Led By Veteran Banker Martee Moseley

By Amit Chowdhry ● May 7, 2026

Pinnacle Financial Partners announced its expansion into Auburn, Alabama, with the appointment of Martee Moseley as financial advisor and market executive to lead the firm’s entry into the market.

Prosperity Capital Advisors Unveils Unified Vision To Deliver Premier Wealth Management Experience

By Amit Chowdhry ● May 7, 2026

Prosperity Capital Advisors, an SEC-registered investment advisor, has unveiled a unified vision for its next chapter, bringing five firms together under one brand to deliver a more seamless, technology-forward, and personalized wealth management experience for clients across the U.S.