Asset Management

RWA Wealth Partners: Michelle Knight Named As CEO

By Amit Chowdhry ● Jun 10, 2024

RWA Wealth Partners, a leading independent fiduciary responsible for $15 billion in client assets, announced the promotion of Michelle Knight as the firm’s Chief Executive Officer. Most recently, Knight served as RWA Wealth’s President following the merger of Adviser Investments and Ropes Wealth Advisors.

TXSE Group Reveals Plans For Texas Stock Exchange With Backing From BlackRock And Citadel Securities

By Amit Chowdhry ● Jun 9, 2024

TXSE Group announced that it plans to launch the Texas Stock Exchange (TXSE), based in Dallas. And TXSE will focus on enabling U.S. and global companies to access U.S. equity capital markets and will provide a venue to trade and list public companies and the growing universe of exchange-traded products. TXSE will be a fully electronic and national securities exchange that will seek registration with the U.S. Securities and Exchange Commission.

Pennybacker Capital: Fund VI Closed At $1.6 Billion

By Amit Chowdhry ● Jun 9, 2024

Pennybacker Capital Management, a real assets investment manager, announced the final closing of its sixth value opportunity series fund, Pennybacker VI, LP (Fund VI), which exceeded its target with $1.6 billion in capital commitments.

Wealth Enhancement Group Adds $1.22+ Billion The Financial Advisory Team

By Amit Chowdhry ● Jun 9, 2024

Wealth Enhancement Group, a national independent wealth management firm with over $81.5 billion in client assets, announced that it will join forces with The Financial Advisory Group, LLC, an independent RIA in Houston, Texas. The team of seven financial advisors and 14 support team members manages over $1.22 billion in client assets and is led by founder, Richard J. Alphonso, J.D., CPA/PFS, M.S.T., AEP.

Bellini Capital: This Firm Invests In Companies Making The World Safer And More Sustainable

By Amit Chowdhry ● Jun 6, 2024

Bellini Capital is a firm that invests in companies that make our world safer, smarter, and more sustainable. Pulse 2.0 interviewed Bellini Capital managing partner Arnie Bellini to learn more about the firm.

Realta Wealth: John Barragan Named As Chief Operating Officer

By Amit Chowdhry ● Jun 5, 2024

Realta Wealth, an exclusive independent wealth management firm, announced the appointment of John Barragan as Chief Operating Officer (COO). Reporting to CEO Kevin Keefe, Barragan will provide strategic direction and oversight for all operating, service, and technology elements of the firm’s offerings for financial advisors and their clients.

SLK Private Wealth Brings In $300+ Million Advisor Team

By Amit Chowdhry ● Jun 5, 2024

SLK Private Wealth (SLK), a Sanctuary Wealth partner firm, announced that LA-based advisors Adam Weinstock, CFP, and Eleanor Weinstock are becoming part of SLK Private Wealth (SLK). This team from Wells Fargo Advisors has a client base totaling over $300 million in total assets focused on athletes, entertainers, entrepreneurs, and corporate executives. Adam Weinstock will become a Managing Partner of SLK, and Eleanor Weinstock will become a Managing Director.

Stratos Wealth Advisors Brings In $100+ Million Spain & Smith Team

By Amit Chowdhry ● Jun 5, 2024

Stratos Wealth Advisors (a part of Stratos Wealth Holdings) announced it has successfully recruited Spain & Smith of Pepper Pike, Ohio, to its platform. Headed by industry veteran Henry “Hank” Spain, Managing Director and Senior Portfolio Manager, and supported by Dayna Smith, Wealth Advisor, the firm has more than $100 million in assets under management (AUM).

Steward Partners: $320 Million Advisor Team Added To Firm

By Amit Chowdhry ● Jun 4, 2024

Steward Partners, a full-service, employee-owned, independent financial services firm, announced a new partnership with Coastal 360 Capital Advisors. This partnership adds two advisors and over $320 million in assets under management to Steward Partners' roster.

Raymond James Brings In $225 Million Texas And $435 Million Massachusetts Teams

By Amit Chowdhry ● Jun 4, 2024

Raymond James has welcomed new teams from Texas and Massachusetts.