Asset Management

Evermay Wealth Management Merges With Novotny, Larash, Venters & Wolf

By Amit Chowdhry ● Feb 8, 2026

Evermay Wealth Management, a fee-only fiduciary registered investment advisor based in Arlington, Virginia, has merged with Novotny, Larash, Venters & Wolf (NLVW), a tax preparation and business advisory firm headquartered in Annapolis, Maryland.

Arax Investment Partners Acquires $1.5 Billion Firm GFP Private Wealth

By Amit Chowdhry ● Feb 7, 2026

Arax Investment Partners announced it has acquired GFP Private Wealth, a Cleveland, Ohio-based registered investment adviser with $1.5 billion in assets under management, as Arax looks to expand its presence in the Midwest and add another established advisory practice to its platform.

Beacon Pointe Advisors Adds Three Advisory Teams And Lifts AUA To About $62 Billion

By Amit Chowdhry ● Feb 7, 2026

Beacon Pointe Advisors announced it has added three advisory teams through recent RIA acquisitions, bringing total firm assets under advisement to roughly $62 billion as it continues expanding across multiple markets. The acquisitions include Financial Planning Solutions in Newton, Massachusetts, Voyager Wealth Management in Lake Geneva, Wisconsin, and InvestmentHunter Wealth Services in the Fort Worth, Texas area, with Beacon Pointe positioning the additions as supportive of its allWEALTH framework for comprehensive wealth management.

Clearstead Advisors Acquires $5.1 Billion Firm Clarius Group To Expand Ultra-High-Net-Worth Family Office Capabilities

By Amit Chowdhry ● Feb 7, 2026

Clearstead Advisors announced it has acquired The Clarius Group, a Seattle-based multi-family office RIA serving ultra-high-net-worth individuals and families, in a deal the firm positioned as a step in its long-term strategy to broaden its family office offering while strengthening its presence in the Pacific Northwest. Clarius oversees about $5.1 billion in assets under management, and the transaction closed on January 31, 2026.

First Horizon Wealth Management: Eric Teal Named As As CIO

By Amit Chowdhry ● Feb 7, 2026

First Horizon Bank announced Eric Teal has joined First Horizon Wealth Management as senior vice president and chief investment officer. In the role, Teal will lead the investment team responsible for setting investment strategy, overseeing portfolio construction, and sharing market insights with wealth management clients.

Raymond James Launches ESOP Advisory Investment Banking Practice

By Amit Chowdhry ● Feb 7, 2026

Raymond James has established an ESOP Advisory investment banking practice and hired Mark Buchanan to build and lead it, expanding the firm’s Investment Banking division and adding dedicated capability for employee stock ownership plan transactions.

Lazard Asset Management: Gordon McKemie Named As Managing Director And Head Of Leveraged Loans And High Yield

By Amit Chowdhry ● Feb 7, 2026

Lazard Asset Management has named Gordon McKemie managing director and head of leveraged loans and high yield, adding a senior hire as the firm builds out its credit franchise.

Summit Wealth Merges With $470 Million Firm Premier Private Wealth To Expand Tennessee Footprint

By Amit Chowdhry ● Feb 7, 2026

Summit Wealth Group, an independent registered investment advisory firm, has merged with Premier Private Wealth, a Nashville-based wealth manager with $470 million in assets under management. The transaction lifts Summit’s total assets under management to approximately $3 billion and expands the firm’s presence in Tennessee.

Sanctuary Wealth: Marissa Fox-Foley Named As Chief Marketing Officer

By Amit Chowdhry ● Feb 6, 2026

Sanctuary Wealth has appointed marketing executive Marissa Fox-Foley as chief marketing officer, tasking her with leading the firm’s enterprise marketing strategy as it looks to strengthen its brand and expand marketing support for its Partner Firms.

Carson Group Acquires Carson Wealth Milton And Integrates Atlanta Office To Expand Georgia Footprint

By Amit Chowdhry ● Feb 6, 2026

Carson Group announced it has fully acquired its Carson Wealth location in Milton, Georgia, building on what it described as a long-standing partnership with Managing Partner and Wealth Advisor G.C. Lewis. The Omaha, Nebraska-based wealth advisory firm said it manages more than $55 billion in assets under management and that the Milton team reported about $218 million in advisory and brokerage assets.

EP Wealth Expands In New Mexico With $390 Million Firm LongView

By Amit Chowdhry ● Feb 6, 2026

EP Wealth Advisors, a fee-only registered investment advisor, has partnered with LongView Asset Management, extending EP Wealth’s Southwest footprint with an expanded presence in Santa Fe, New Mexico. The addition brings more than $390 million in assets under management to EP Wealth, which said the move strengthens its ability to serve families across the state.

FMG: Wealth Management Marketing Platform Acquires Testimonial iQ

By Amit Chowdhry ● Feb 6, 2026

FMG, an all-in-one marketing platform for wealth management enterprises, financial advisors, and insurance professionals, said it has acquired Testimonial iQ, an online reputation management platform built for the wealth management industry.

Alphathena: Direct Indexing Platform Partners With Evergreen Wealth

By Amit Chowdhry ● Feb 6, 2026

Alphathena, an AI-enhanced direct indexing platform for wealth management firms and advisors, has struck a strategic partnership with Evergreen Wealth, an AI-powered registered investment advisor founded by fintech entrepreneur Bill Harris.

Edward Jones: Venture Arm Invests In AI Tools For Estate Settlement, Long-Term Care, Equity Grants, And Business Owners

By Amit Chowdhry ● Feb 6, 2026

Edward Jones Ventures announced it is entering its second year with new investments in technology platforms aimed at helping families and financial advisors navigate complex financial milestones, including estate settlements, long-term care planning, equity compensation, and business ownership. The firm framed the push as a response to more complicated client needs amid what it cited as a $124 trillion wealth transfer now underway.

Dynasty Financial Partners: Wealth Management Platform Closes Minority Capital Raise

By Amit Chowdhry ● Feb 6, 2026

Dynasty Financial Partners announced it has closed a minority capital raise, backed by a broad group of stakeholders, including employees, clients, and resource partners, as well as several long-standing investors and members of its board. The investor group includes The Charles Schwab Corporation, BlackRock, J.P. Morgan Asset Management, Abry Partners, Glick Family Office, and Dynasty Chairman Harvey Golub, as well as various clients. Fortress Investment Group participated as a new investor. Dynasty said the transaction represents its sixth capital raise since the firm’s founding in 2010.