Asset Management

Evergreen Wealth Launched By Former PayPal CEO Bill Harris

By Amit Chowdhry ● Oct 12, 2025

Serial fintech entrepreneur Bill Harris has launched Evergreen Wealth, a digital Registered Investment Advisor (RIA) with a focus on tax-aware investment management and AI-powered financial advice. The firm is built for affluent and high-net-worth clients seeking to build long-term wealth in an increasingly complex financial landscape.

BayPine: Amy Harsch Named As Partner

By Amit Chowdhry ● Oct 11, 2025

BayPine, a private investment firm dedicated to driving digital transformation in leading businesses, has recently made a significant addition to its team with the hiring of Amy Harsch as Partner and Head of Capital Formation and Investor Relations. In her new role, Harsch will play a crucial part in overseeing the company's fundraising strategies and enhancing engagement with investors. Her primary focus will be on building and nurturing long-term partnerships with both existing and potential clients on a global scale. Based in New York, she will collaborate closely with Partner Migo Terjanian to further BayPine's mission.

Permira: Caitlin Brodie Joins As Managing Director In North America

By Amit Chowdhry ● Oct 11, 2025

Global investment firm Permira has announced the strategic appointment of Caitlin Brodie as a Managing Director within its US Capital Formation team. Caitlin will be based in New York and will take on the role of Head of US East Coast Coverage.

Stratus Financial: $20 Million Milestone Achieved In Aviation Training Fund

By Amit Chowdhry ● Oct 11, 2025

Stratus Financial, a provider of financing solutions tailored for aviation training, has reached a significant milestone by growing its investment fund to $20 million in assets. Since its establishment in 2021, the fund has returned over $2.7 million to investors. This achievement showcases Stratus Financial's ongoing growth and effectiveness in supporting aspiring pilots while providing attractive returns for its investors.

Creative Planning To Buy SageView As Newly Combined Firm Would Represent $640 Billion

By Amit Chowdhry ● Oct 11, 2025

Creative Planning, recognized as one of the largest registered investment advisors (RIAs) in the nation, has made a significant move by finalizing a definitive agreement to acquire SageView Advisory Group, a prominent independent RIA firm. This strategic partnership will enable Creative Planning to strengthen its position in the financial advisory landscape by incorporating SageView's expertise and clientele.

Mercer Advisors: $1.2 Billion Firm Singer Burke Onboarded

By Amit Chowdhry ● Oct 10, 2025

National Registered Investment Adviser (RIA) Mercer Global Advisors has recently expanded its portfolio by acquiring Singer Burke, a well-established wealth management, tax, and business management firm based in Los Angeles. With a legacy spanning over 50 years, Singer Burke has built a reputation for serving highly creative professionals and executives in the media and entertainment industry.

VestGen Wealth Partners Now Managing $7 Billion In Client Assets After 15 Advisors Added

By Amit Chowdhry ● Oct 10, 2025

VestGen Wealth Partners recently announced a significant milestone in its strategic growth plan, characterized by the addition of six new wealth management practices to its platform. Collectively, these practices are expected to bring approximately $1.5 billion in client assets, marking a substantial advancement for VestGen.

EP Wealth: Investment Raised From Ares Management

By Amit Chowdhry ● Oct 9, 2025

EP Wealth Advisors, a fee-only registered investment advisor (RIA), has announced a significant milestone in its growth journey by entering into a definitive agreement with Ares Management's Private Equity funds. This agreement enables Ares Management to acquire a substantial minority stake in EP Wealth, bringing its expertise and resources into the fold. Ares now joins Berkshire Partners, another minority equity partner that has previously invested in the firm.

Nuveen: Multi-Asset Infrastructure Platform Launched To Advance $340 Billion Private Markets Operations

By Amit Chowdhry ● Oct 8, 2025

Nuveen, a global asset manager with an impressive $1.3 trillion in assets under management, has taken a significant step by launching a dedicated Global Infrastructure Investment Platform. This initiative aims to consolidate multiple specialized teams under a single leadership structure, responding to the growing demand from investors for infrastructure assets. The formation of this platform demonstrates Nuveen's commitment to capitalizing on market opportunities while leveraging its extensive resources.

Allworth Acquires $850 Million Firm Shorepoint Capital Partners

By Amit Chowdhry ● Oct 8, 2025

Allworth Financial, a leading national registered investment advisor (RIA), has recently announced its acquisition of Shorepoint Capital Partners. This acquisition allows Allworth to enhance its service offerings and expand its asset management capabilities. Shorepoint, located in Norwood, Massachusetts, has a strong reputation and manages approximately $850 million in assets. The partnership will bring together a dedicated team of 10 professionals from Shorepoint, which includes four experienced financial advisors and six essential support staff members.

SEI: Dave Langdale Named As Chief Revenue Officer For U.S. Private Banking Business

By Amit Chowdhry ● Oct 7, 2025

SEI has announced the appointment of Dave Langdale as Chief Revenue Officer for its U.S. Private Banking business, effective January 1, 2026. In this new role, Langdale will report to Sanjay Sharma, Global Head of SEI’s Private Banking business and CEO of SEI International. He will be responsible for leading sales and client service, while shaping and executing growth strategies aimed at expanding the business through new and existing clients, as well as diversifying revenue streams.

Corient Onboards $2 Billion AUM Firm Bristlecone Advisors

By Amit Chowdhry ● Oct 2, 2025

Corient, one of the largest and fastest-growing national wealth advisory firms, has announced the acquisition of Bristlecone Advisors, a registered investment advisory firm based in Bellevue, Washington, which manages approximately $2 billion in assets.

Perigon Onboards $1.3 Billion Firm Gitterman Wealth Management

By Amit Chowdhry ● Oct 1, 2025

Perigon Wealth Management, an investment advisory firm with offices nationwide and approximately $9.3 billion in client assets, has announced the acquisition of Gitterman Wealth Management and Gitterman Asset Management.

Avenue Sports Fund: Over $1 Billion Closed For Investing In The Athletic Industry

By Amit Chowdhry ● Oct 1, 2025

Global asset management firm Avenue Capital Group has announced the successful final closing of the Avenue Sports Fund, which has garnered over $1 billion in capital commitments. This substantial amount reflects strong investor confidence in the potential of the sports industry.

HighVista Strategies: $425 Million Secured For Venture Capital Investors

By Amit Chowdhry ● Sep 25, 2025

HighVista Strategies, a specialized alternative asset manager owned by its employees, recently completed a unique secondary transaction. This deal was designed to offer existing investors in several mature venture capital funds the opportunity to access their capital. The transaction involved seven HighVista funds, collectively representing a net asset value exceeding $425 million.

Wellesley Asset Management Buys Halbert Wealth, Expanding into Texas

By Amit Chowdhry ● Sep 25, 2025

Wellesley Asset Management, a renowned independent SEC-registered Investment Advisor, is a leading firm in providing wealth management and investment management services. The firm has officially announced its recent acquisition of Halbert Wealth. Halbert Wealth is also an SEC-registered Investment Advisor, recognized for its strong focus on client relationships and its significant presence within its region.

TradePMR And Robinhood Launch Asset Match Program For RIAs

By Amit Chowdhry ● Sep 25, 2025

TradePMR, a provider of brokerage and custodial services specifically for independent registered investment advisors, and a subsidiary of Robinhood Markets, has recently unveiled an innovative new program. This initiative is designed to significantly enhance the ability of independent RIAs to not only attract new clients but also retain their existing ones effectively.

Edward Jones: Services Enhanced For High Net Worth Clients

By Amit Chowdhry ● Sep 24, 2025

Edward Jones recently announced plans to improve the experience for its high-net-worth clients through a series of strategic investments. These efforts are designed to provide a more tailored and comprehensive approach to wealth management, building upon the firm's established legacy while embracing modern financial strategies. A key part of this initiative involves the creation of specialized physical locations, which are exclusively dedicated to serving high-net-worth individuals.

Goldman Sachs: $750 Million Milestone For Small Businesses Program Support And Upcoming Summit

By Amit Chowdhry ● Sep 24, 2025

Goldman Sachs is preparing to host its third 10,000 Small Businesses Summit, scheduled for October 29-30, 2025, in Washington, D.C. This significant event marks a dual celebration: fifteen years since the inception of the Goldman Sachs 10,000 Small Businesses program and five years of the Goldman Sachs 10,000 Small Businesses Voices policy advocacy initiative. This upcoming summit is anticipated to be the largest gathering of small business owners in the United States, providing a platform to commemorate 15 years of impact and to strategically position these businesses for sustained growth and success in the years ahead.

Savvy Wealth: $3 Billion AUM Surpassed And Anshul Sharma Appointed As CIO

By Amit Chowdhry ● Sep 24, 2025

Savvy Wealth, a technology-driven platform focused on modernizing financial advice, has announced the appointment of Anshul Sharma as its new Chief Investment Officer. Sharma brings more than 25 years of experience in wealth management and investment strategy, having built and led multi-billion-dollar platforms at major financial institutions. He will be based in New York City and will work closely with Savvy’s leadership and advisory teams nationwide to help shape the future of investment management for high-net-worth clients.

Chilton Trust: Jennifer Lee Appointed As President And CEO

By Amit Chowdhry ● Sep 23, 2025

Chilton Trust, a respected independent wealth management firm and national trust bank, has announced that Jennifer Lee will become its new President and Chief Executive Officer starting October 6. She will report directly to Richard Lockwood Chilton, Jr., the firm’s Founder and Chairman. Jennifer Lee will succeed Peter Kim, who has been serving as Interim President. Kim will continue to play a key role at the firm by returning to his previous positions as General Counsel and Chief Compliance Officer.

Stifel: Venture Banking Team Expanded For Advancing Growth In Life Sciences Sectors

By Amit Chowdhry ● Sep 23, 2025

Stifel Financial has announced a significant expansion of its Venture Banking division, welcoming a group of seasoned professionals who previously held leadership roles at Silicon Valley Bank. This strategic move reflects Stifel’s deepening commitment to supporting companies and investors focused on innovation in the life sciences and healthcare sectors.

Uniting Wealth Partners Brings In $235 Million AUM Team

By Amit Chowdhry ● Sep 21, 2025

Uniting Wealth Partners (UWP), an Registered Investment Advisor (RIA) succession incubator supported by the Wealth Advisor Growth Network (WAGN), has announced an exciting development: Rick and Alecia Dougherty have officially joined the firm, bringing along their well-established practice based in Rochester, New York, which manages an impressive $235 million in assets under management (AUM).