Asset Management

LPL Financial Onboards $385 Million Firm Horizon Wealth Management Group

By Amit Chowdhry ● Sep 15, 2026

LPL Financial announced that financial advisors Bill Wagner, CFP, RICP, Scott Sennett and Andrew Kocukov of Horizon Wealth Management Group have joined its broker-dealer and Registered Investment Advisor platforms. The Wichita, Kansas-based team reported serving approximately $385 million in advisory, brokerage and retirement plan assets and joins LPL from Wells Fargo Advisors Financial Network.

Hunter Point Capital Appoints Bill Sonneborn As President And COO And Michael Arpey Named As Vice Chairman

By Amit Chowdhry ● Sep 15, 2026

Hunter Point Capital has appointed William "Bill" Sonneborn as President and Chief Operating Officer as the alternative asset management investment firm scales beyond $10 billion in assets under management. Michael Arpey has also been promoted to Vice Chairman.

Great Gray Trust Company Selects iCapital To Build Private Equity, Private Credit And Real Asset CITs For Retirement Plans

By Amit Chowdhry ● Sep 15, 2026

Great Gray Trust Company has selected iCapital as its preferred private markets partner as the retirement investment provider develops new collective investment trusts offering defined contribution plans access to private equity, private credit and private real assets.

Charles Schwab And Anthropic Bring Claude AI To More Than 16,000 Independent Registered Investment Advisors

By Amit Chowdhry ● Sep 15, 2026

Charles Schwab and Anthropic are working together to bring Claude for Financial Advisors directly to more than 16,000 independent registered investment advisors served by Schwab Advisor Services, giving RIAs an AI system designed to work alongside their existing custody, CRM, portfolio reporting and financial planning tools.

JPMorgan Expects Q3 Investment Banking Fees And Markets Revenue To Rise Mid-To-High Teens

By Amit Chowdhry ● Sep 15, 2026

JPMorgan Chase expects third-quarter investment banking fees and markets revenue to increase by a mid-to-high-teens percentage from a year earlier, according to Bloomberg, signaling continued strength across the bank's Wall Street businesses despite broader concerns about investment banking activity.

Goldman Sachs Alternatives Raises $11.7 Billion Across Private Equity Funds

By Amit Chowdhry ● Sep 15, 2026

Goldman Sachs Alternatives has raised $11.7 billion across its latest private equity vehicles, including the final close of West Street Capital Partners IX, as the firm expands its global buyout platform across the U.S., Europe and Asia Pacific.

Savant Tax & Consulting Rebrands And Partners With PBM And Summit CPA Group

By Amit Chowdhry ● Sep 15, 2026

Savant Tax & Consulting has changed its name to Savant Accounting & Business Advisory, or SABA, reflecting the firm's expansion beyond tax services into accounting, consulting, payroll and broader business advisory work.

J.P. Morgan Asset Management Closes $1.1 Billion U.S. Net Lease Fund, More Than Double Initial Target

By Amit Chowdhry ● Sep 15, 2026

J.P. Morgan Asset Management has closed its latest U.S. net lease real estate fund with $1.1 billion in total commitments, more than doubling its original $500 million fundraising target.

Yuma Reaches $200 Million In Staked Assets As Accelerator Portfolio Grows 134%

By Amit Chowdhry ● Sep 15, 2026

Yuma has surpassed $200 million in TAO and subnet tokens staked to its Bittensor validator as the Digital Currency Group subsidiary expands across validator infrastructure, asset management and AI startup acceleration.

Wealth.com Brings Estate And Tax Planning Into Claude For Financial Advisors

By Amit Chowdhry ● Sep 15, 2026

Wealth.com has become a launch partner for Claude for Financial Advisors, bringing estate and tax planning capabilities directly into Anthropic's AI environment for wealth management professionals.

Daybright Financial Acquires EZTPA

By Amit Chowdhry ● Sep 14, 2026

Daybright Financial has acquired EZTPA, a retirement plan consulting and third-party administration firm serving employers and financial advisors. The deal represents Daybright's 67th acquisition since the company was founded in 2008 and its third acquisition of 2026. Financial terms of the transaction were not disclosed.

Stirlingshire Investments Appoints Former LPL Financial CEO Dan Arnold As Executive Chairman

By Amit Chowdhry ● Sep 14, 2026

Stirlingshire Investments has appointed former LPL Financial President and CEO Dan Arnold as Executive Chairman of the Board. Arnold will take an active leadership role and work directly with Stirlingshire's founder and CEO, Steven Woods, and the company's executive team.

JPMorgan To Launch Frontier Market Local-Currency Debt Index Tracking Nearly $330 Billion

By Amit Chowdhry ● Sep 14, 2026

JPMorgan is preparing to launch a new frontier-market local-currency government bond index by the end of September, creating a benchmark for nearly $330 billion of debt across 26 developing economies, according to Reuters.

Goldman Sachs Opens New Engineering Office In Bellevue For AI And Cloud Transformation

By Amit Chowdhry ● Sep 14, 2026

Goldman Sachs has opened a new engineering office in Bellevue, Washington, expanding its technology footprint in the Pacific Northwest and creating dedicated space for teams focused on artificial intelligence and cloud transformation.

Dispatch Launches API To Embed Wealth Management Account Opening Into Third-Party Platforms

By Amit Chowdhry ● Sep 14, 2026

Dispatch has launched the Dispatch API, opening its wealth operations infrastructure to wealthtech companies, fintech providers and technology-focused registered investment advisors that want to embed custodian workflows directly into their own software and client experiences.

IG Wealth Management Partners With Goldman Sachs Asset Management On Strategic Wealth Portfolios

By Amit Chowdhry ● Sep 14, 2026

IG Wealth Management and Goldman Sachs Asset Management have entered into a strategic collaboration that will bring Goldman Sachs' institutional multi-asset investment capabilities to Canadian retail investors.

WFA And Volare Wealth Advisors Merge To Form $750+ Million Firm WFA Volare

By Amit Chowdhry ● Sep 14, 2026

WFA and Volare Wealth Advisors have completed a strategic merger to create WFA Volare, a unified wealth management firm managing more than $750 million in client assets.

OnePoint BFG Wealth Partners Acquires $400 Million Firm Bast Financial Group

By Amit Chowdhry ● Sep 14, 2026

OnePoint BFG Wealth Partners has acquired Bast Financial Group, a Tampa, Florida-based wealth management firm with approximately $400 million in assets under management.

TD Bank Group Launches $150 Billion Five-Year Commitment To Accelerate Canadian Investment

By Amit Chowdhry ● Sep 14, 2026

TD Bank Group has launched a five-year, $150 billion commitment to expand lending, underwriting, advisory and other financing activities across sectors the bank views as critical to Canada's next phase of economic growth.

Carson Group Onboards $367 Million Firm Elios Financial Group And Reaches 50 Integrated Offices

By Amit Chowdhry ● Sep 14, 2026

Carson Group has acquired Elios Financial Group, an Ohio-based wealth management firm overseeing approximately $367 million in assets under management, bringing Carson to 50 integrated offices.

Arete Wealth Launches Arete Capital Partners To Expand Investment Banking Capabilities

By Amit Chowdhry ● Sep 13, 2026

Arete Wealth has launched Arete Capital Partners, a dedicated investment banking division designed to expand the firm's capabilities across capital formation, capital markets and corporate advisory services.

BridgePort Financial Solutions Names Tina Decker As Senior Vice President Of Business Development

By Amit Chowdhry ● Sep 13, 2026

BridgePort Financial Solutions has appointed longtime RIA industry executive Tina Decker as Senior Vice President of Business Development, where she will lead the firm's M&A strategy and execution as BridgePort expands its national presence.

Envestnet To Acquire Vestmark, Adding Platform Supporting More Than $2 Trillion In Assets

By Amit Chowdhry ● Sep 12, 2026

Envestnet has entered into a definitive agreement to acquire Vestmark, expanding its wealth technology platform with institutional-grade trading, portfolio management, tax management and outsourced investment management capabilities.

Schroders And TTB Wealth Securities Form Strategic Wealth Management Partnership In Thailand

By Amit Chowdhry ● Sep 12, 2026

Schroders has formed a long-term strategic partnership with ttb wealth securities public company limited, a subsidiary of TMBThanachart Bank, to develop investment and wealth management offerings for high-net-worth and ultra-high-net-worth clients in Thailand.

Beacon Pointe Advisors Names Katie Cullen As Chief Growth And Integration Officer And Sarah Green As Chief Risk And Compliance Officer

By Amit Chowdhry ● Sep 12, 2026

Beacon Pointe Advisors has added Katie Cullen as Chief Growth and Integration Officer and Sarah Green as Chief Risk and Compliance Officer as the registered investment adviser expands its executive leadership team.

UBS Opens New Wealth Management Office In Irvine, California

By Amit Chowdhry ● Sep 12, 2026

UBS Wealth Management US has opened a new office at 200 Spectrum Center Drive in Irvine, California, expanding its presence in Orange County and Southern California.

Fortress Names Yuko Umino And Harry Bush To Lead Private Wealth Expansion In Japan And EMEA

By Amit Chowdhry ● Sep 12, 2026

Fortress Investment Group has appointed Yuko Umino as Head of Private Wealth Solutions for Japan and Harry Bush as Head of Private Wealth Solutions for EMEA, marking the expansion of its Private Wealth Solutions business beyond the U.S. and Latin America.

Allworth Financial Surpasses $40 Billion AUM With High Falls Advisors And Holistic Financial Partners Acquisitions

By Amit Chowdhry ● Sep 12, 2026

Allworth Financial has acquired High Falls Advisors and Holistic Financial Partners, adding approximately $947 million in combined assets under management and helping push the national RIA above $40 billion in assets under management and administration.

Altruist Launches AI-Powered Financial Planning Agent In Hazel

By Amit Chowdhry ● Sep 12, 2026

Altruist has launched an AI-powered financial planning agent within Hazel, its AI platform for financial advisors, allowing advisors to create personalized financial plans in minutes.

Merit Financial Advisors Names John Rajes As Chief Technology Officer As Firm Surpasses $30 Billion In Assets

By Amit Chowdhry ● Sep 12, 2026

Merit Financial Advisors has appointed John Rajes as Chief Technology Officer as the wealth management firm builds technology infrastructure to support its continued national expansion.