Asset Management

Cetera Onboarding $300 Million Firm Marmo Financial Group

By Amit Chowdhry ● Jun 26, 2026

Cetera Financial Group announced that it has acquired the assets of Marmo Financial Group, a Johnson City, Tennessee-based independent registered investment adviser.

JPMorganChase Names Doug Petno And Troy Rohrbaugh Co-Presidents

By Amit Chowdhry ● Jun 26, 2026

JPMorganChase announced that Doug Petno and Troy Rohrbaugh have been named Co-Presidents of the company, effective immediately.

DayMark Wealth Partners Closes $25 Million DayMark Fund I

By Amit Chowdhry ● Jun 25, 2026

DayMark Wealth Partners announced the $25 million final close of DayMark Fund I, which was developed in partnership with Opto Investments.

LPL Financial Welcomes $160 Million Firm NorthStar Wealth Advisors

By Amit Chowdhry ● Jun 25, 2026

LPL Financial announced that financial advisor Ronald White has launched a new independent practice, NorthStar Wealth Advisors, with support from Good Life Companies, an LPL Financial-affiliated firm. The NorthStar Wealth Advisors team reported serving approximately $160 million in advisory, brokerage, and retirement plan assets and joins LPL from Raymond James.

Edward Jones Introduces Carefull Financial Safety Platform For U.S. Clients

By Amit Chowdhry ● Jun 25, 2026

Edward Jones announced a commercial relationship with Carefull, a digital financial safety platform designed to help individuals and families protect their financial well-being while preserving independence and trust.

Wealthfront Launches Custodial Investing Accounts

By Amit Chowdhry ● Jun 24, 2026

Wealthfront announced the launch of the Wealthfront Custodial Account, a new product designed to help parents and guardians invest for a child’s future.

Draycott Acquires Square Asset Management

By Amit Chowdhry ● Jun 24, 2026

Draycott announced that it has acquired Square Asset Management, a Portugal-based real estate fund manager.

LPL: $500+ Million Firm Tribute Financial Joins

By Amit Chowdhry ● Jun 24, 2026

LPL Financial announced that the financial advisors of Tribute Financial have joined LPL Financial’s broker-dealer and Registered Investment Advisor platform.

ICE And OKX Form Joint Venture Co-Chaired By Andrew Cuomo

By Amit Chowdhry ● Jun 24, 2026

Intercontinental Exchange and OKX announced the formation of a 50-50 joint venture focused on building next-generation infrastructure for tokenized and digitally native financial products.

INVL Family Office Introduces Fund Investing In Private Equity Secondary Market

By Amit Chowdhry ● Jun 24, 2026

INVL Family Office announced the introduction of the Global PE Secondaries Access Fund, a new fund that will invest in the global private equity secondary market.

Morgan Stanley Reportedly Planning $1.3 Billion Dallas Tower Expansion

By Amit Chowdhry ● Jun 24, 2026

Morgan Stanley is considering a major Dallas expansion that would include a $1.3 billion office tower in the city’s Uptown area, according to Bloomberg. The proposed project would include a 709,000-square-foot skyscraper at 2401 McKinney Avenue, according to city documents.

FusionIQ Acquires Marstone To Expand Digital Wealth Management Platform

By Amit Chowdhry ● Jun 24, 2026

FusionIQ announced that it has completed the acquisition of Marstone, a digital wealth technology provider. The acquisition combines two digital wealth management platforms serving banks, credit unions, wealth managers, broker-dealers, RIAs, and other companies seeking wealth management solutions.

Maridea Wealth Management Acquires $180 Milllion Firm Ashford Investment Advisors

By Amit Chowdhry ● Jun 23, 2026

Maridea Wealth Management announced that it has acquired Ashford Investment Advisors, a Daytona Beach, Florida-based wealth management firm. Ashford Investment Advisors has approximately $180 million in assets under advisement and management. The transaction establishes Maridea’s first practice in Florida.

Mercer Advisors Surpasses $100 Billion In Client Assets

By Amit Chowdhry ● Jun 23, 2026

Mercer Advisors announced that its registered investment adviser, Mercer Global Advisors, has surpassed $100 billion in total client assets.

Edward Jones Invests In Aquiline Portfolio Company Quicken

By Amit Chowdhry ● Jun 23, 2026

Aquiline announced that Edward Jones has made an investment in Quicken, an Aquiline portfolio company.

Nicholas Global Equity And Income ETF Crosses $100 Million In Assets

By Amit Chowdhry ● Jun 23, 2026

XFUNDS announced that the Nicholas Global Equity and Income ETF (NYSE: GIAX) has surpassed $100 million in assets under management as of June 11, 2026.

Harbourfront Wealth Announces Berkshire Partners Investment At C$1.775 Billion Valuation

By Amit Chowdhry ● Jun 23, 2026

Harbourfront Wealth Group announced it has entered into a definitive agreement to receive a strategic investment from Boston-based private equity firm Berkshire Partners. Audax Private Equity, Harbourfront’s existing capital partner, will retain a significant interest in the company after the transaction closes.

Baird Adds The Kashian Karels Group To Edina Wealth Management Office

By Amit Chowdhry ● Jun 23, 2026

Pierstone Wealth Management Launches Independent Advisory Firm In New York City

By Amit Chowdhry ● Jun 22, 2026

Pierstone Wealth Management announced the launch of its new independent advisory firm. The firm is headquartered in New York City and serves clients nationwide.