Asset Management

Cerity Partners Names Will Peng As First Chief Innovation Officer

By Amit Chowdhry ● Jul 8, 2026

Cerity Partners announced the appointment of Will Peng as its first Chief Innovation Officer. The firm said the appointment reflects its commitment to using technology and AI to enhance workflows and the client experience as it continues to grow.

Kestra Financial Adds Austen Karr To Expand Western U.S. Business Development Team

By Amit Chowdhry ● Jul 8, 2026

Kestra Financial announced the continued expansion of its business development team with the addition of Austen Karr and the promotion of Jack Roller. Both will serve as Business Development Consultants, extending the firm’s recruiting coverage across the Western U.S.

LPL Financial: $170 Million Firm Haskin Private Wealth Advisors Joins Independent Advisor Network

By Amit Chowdhry ● Jul 8, 2026

LPL Financial Onboards $380 Million Advisor David Logsdon

By Amit Chowdhry ● Jul 8, 2026

LPL Financial announced that David Logsdon has joined the firm’s broker-dealer and Registered Investment Advisor platform. Logsdon reported serving approximately $380 million in advisory, brokerage, and retirement plan assets. Logsdon joins LPL from Wells Fargo Advisors. He is based in the Sun Valley, Idaho area and is the founder of Summit Ridge Financial Advisors.

Choreo Acquires Assets Of $700 Million Firm Resource Financial Group

By Amit Chowdhry ● Jul 8, 2026

Choreo announced that it acquired substantially all the assets of Resource Financial Group. RFG is a Wilmette, Illinois-based registered investment adviser with approximately $700 million in assets under management as of April 30, 2026.

Carson Group Acquired $201 Million Firm FFR Wealth Team

By Amit Chowdhry ● Jul 8, 2026

Carson Group announced the acquisition of FFR Wealth Team, which has transitioned into an integrated Carson Wealth office. The Covington, Kentucky-based team serves approximately $201 million in assets under management.

Franklin Resources Reports $1.79 Trillion In Preliminary Month-End AUM

By Amit Chowdhry ● Jul 7, 2026

Franklin Resources, operating as Franklin Templeton, reported preliminary month-end assets under management of $1.79 trillion as of June 30, 2026. This is up from $1.78 trillion as of May 31, 2026.

Goldman Sachs Appoints Evan Kotsovinos As Head Of Asset & Wealth Management Engineering

By Amit Chowdhry ● Jul 7, 2026

Goldman Sachs announced that Evan Kotsovinos has joined the firm as a Partner and head of Asset & Wealth Management Engineering. In this role, he will work with teams across Asset & Wealth Management and the broader Goldman Sachs Engineering organization.

Bartholomew & Company Launches Hybrid RIA With $6 Billion In Client Assets

By Amit Chowdhry ● Jul 7, 2026

Bartholomew & Company announced its launch as an independent hybrid Registered Investment Advisor. The Worcester-based firm oversees approximately $6 billion in client assets as of June 15, 2026.

Hightower Signature Wealth Adds $5+ Billion In AUM From Three Advisory Practices

By Amit Chowdhry ● Jul 7, 2026

Hightower Advisors announced the continued expansion of Hightower Signature Wealth with the addition of Private Vista, Hightower Great Lakes, and The McGuirk & De Nevi Group. Collectively, the three advisory practices add approximately $5 billion in AUM.

Socium Advisors Adds Travis Bearden And Steve Pitel To Support National Growth

By Amit Chowdhry ● Jul 7, 2026

Socium Advisors announced the addition of Travis Bearden as Partner and Steve Pitel as Private Wealth Advisor. The St. Louis-based Northwestern Mutual Private Client Group has $4.71 billion in total client assets.

Coller Capital And Cherry Bank Partner To Expand Access To Private Credit Secondaries

By Amit Chowdhry ● Jul 6, 2026

Coller Capital and Cherry Bank announced a distribution partnership to provide Cherry Bank clients with access to Coller Capital’s private credit secondaries investment strategy. The partnership is intended to broaden access to institutional-quality private markets strategies for wealth investors in Italy and across Europe.

Altera Closes Three Investment Strategies Totaling $136.5 Million

By Amit Chowdhry ● Jul 6, 2026

Altera announced that it has held closings on three separate investment strategies totaling $136.5 million in capital commitments. The alternative asset manager focuses on the lower market and invests across multiple asset classes.

Wealth Enhancement To Acquire Kaminsky-Silverman Group With Over $554 Million In Client Assets

By Amit Chowdhry ● Jul 6, 2026

Wealth Enhancement announced that it will acquire the Kaminsky-Silverman Group of Shufro Rose in New York City. The team manages over $554 million in client assets, and the transaction will bring Wealth Enhancement’s total client assets to more than $158 billion.

Evertern Wealth Expands Global Family Office Platform Through Vontobel SFA Alliance

By Amit Chowdhry ● Jul 4, 2026

Evertern Wealth announced a strategic alliance with Vontobel Swiss Financial Advisers, a wholly owned subsidiary of Vontobel Holding. The relationship expands Evertern Wealth’s ability to serve clients with international wealth management needs.

Cerity Partners Merges With Cordant Wealth Partners

By Amit Chowdhry ● Jul 4, 2026

Cerity Partners announced its merger with Cordant Wealth Partners, an Oregon-based registered investment adviser specializing in financial planning and investment management. Financial terms of the transaction were not disclosed.

Coastal Bridge Advisors, Waddell & Associates, And One Charles Private Wealth Combine Firms

By Amit Chowdhry ● Jul 2, 2026

Coastal Bridge Advisors, Waddell & Associates, and One Charles Private Wealth announced the completion of their strategic merger. The combined firm has more than $10 billion in assets under management as of June 30, 2026. Financial terms of the transaction were not disclosed.

Savant Wealth Management Adds $240.4 Million Firm Richard Brothers Financial Advisors

By Amit Chowdhry ● Jul 2, 2026

Savant Wealth Management announced a partnership with Richard Brothers Financial Advisors. The partnership closed on June 30, 2026. Financial terms of the transaction were not disclosed. Richard Brothers Financial Advisors is a registered investment adviser based in South Portland, Maine. The firm has approximately $240.4 million in assets under management.

Wealth Enhancement To Acquire $760+ Million Firm Shufro-Glass Group

By Amit Chowdhry ● Jul 1, 2026

Wealth Enhancement announced that it will acquire the Shufro-Glass Group of Shufro Rose, a New York-based advisory team with over $760 million in client assets.

EP Wealth Advisors Acquires $900 Million Firm Opes Wealth Management

By Amit Chowdhry ● Jun 30, 2026

EP Wealth Advisors announced a partnership with Opes Wealth Management, a Menlo Park, California-based wealth management firm. The partnership adds over $900 million in assets under management and expands EP Wealth’s presence in Northern California. Financial and legal terms of the transaction were not disclosed.

Carson Group Acquires Ted Swenson’s Colorado Wealth Advisory Practice

By Amit Chowdhry ● Jun 30, 2026

Carson Group announced the acquisition of the practice led by Ted Swenson, CFP, managing partner and wealth advisor based in Arvada, Colorado. Swenson serves approximately $270 million in advisory and brokerage assets. The move transitions Swenson’s practice into an integrated Carson Wealth office.

Asset Management

Cerity Partners Names Will Peng As First Chief Innovation Officer

Kestra Financial Adds Austen Karr To Expand Western U.S. Business Development Team

LPL Financial: $170 Million Firm Haskin Private Wealth Advisors Joins Independent Advisor Network

LPL Financial Onboards $380 Million Advisor David Logsdon

Choreo Acquires Assets Of $700 Million Firm Resource Financial Group

Carson Group Acquired $201 Million Firm FFR Wealth Team

Franklin Resources Reports $1.79 Trillion In Preliminary Month-End AUM

Goldman Sachs Appoints Evan Kotsovinos As Head Of Asset & Wealth Management Engineering

Bartholomew & Company Launches Hybrid RIA With $6 Billion In Client Assets

Hightower Signature Wealth Adds $5+ Billion In AUM From Three Advisory Practices

Socium Advisors Adds Travis Bearden And Steve Pitel To Support National Growth

Coller Capital And Cherry Bank Partner To Expand Access To Private Credit Secondaries

Altera Closes Three Investment Strategies Totaling $136.5 Million

Wealth Enhancement To Acquire Kaminsky-Silverman Group With Over $554 Million In Client Assets

Evertern Wealth Expands Global Family Office Platform Through Vontobel SFA Alliance

Cerity Partners Merges With Cordant Wealth Partners

Coastal Bridge Advisors, Waddell & Associates, And One Charles Private Wealth Combine Firms

Savant Wealth Management Adds $240.4 Million Firm Richard Brothers Financial Advisors

Wealth Enhancement To Acquire $760+ Million Firm Shufro-Glass Group

EP Wealth Advisors Acquires $900 Million Firm Opes Wealth Management

Carson Group Acquires Ted Swenson’s Colorado Wealth Advisory Practice

Matt LaPorta Joins Dynasty Financial Partners As Executive-In-Residence

Balefire Wealth Names David Serposs Senior Corporate Solutions Advisor

Caprock Names Jennifer A. Ayer Managing Director Of Purpose-Driven Wealth

Willow Wealth Names Larry Greenberg As President

Citizens Adds Sports And Entertainment-Focused Private Wealth Team In Southern California

Why Bluespring Wealth Acquired Element Wealth Advisors

GCG Advisory Partners: $180 Million Firm Head Investment Partners Joins Platform

Jump Launches AI-Powered Account Opening And Workflow Tools For Advisors

Gridline Partners With Hamilton Lane To Expand Private Markets Benchmarking