Asset Management

UBS Hires $1.2 Billion FA Adam Conish In Philadelphia

By Amit Chowdhry ● Jun 18, 2026

UBS Wealth Management announced that financial advisor Adam Conish has joined the firm in Philadelphia. Conish manages approximately $1.2 billion in assets.

LPL Onboards $1.5 Billion Firm Spectrum Wealth Strategies

By Amit Chowdhry ● Jun 18, 2026

LPL Financial announced that the financial advisors of Spectrum Wealth Strategies have joined its broker-dealer and Registered Investment Advisor platform.

Wendel Names Cyril Marie To Executive Board And Asset Management Role

By Amit Chowdhry ● Jun 18, 2026

Wendel announced the appointment of Cyril Marie as a member of its Executive Board and Executive Vice President in charge of Asset Management, effective July 1, 2026.

Morningstar Wealth Teams With Apollo, Franklin Templeton And J.P. Morgan Asset Management To Develop Public/Private Model Portfolios

By Amit Chowdhry ● Jun 18, 2026

Morningstar announced that its Morningstar Wealth division is working with Apollo, Franklin Templeton, and J.P. Morgan Asset Management to launch a suite of public/private model portfolios designed to give financial advisors a research-driven way to access private markets.

Franklin Templeton Expands Canvas Platform With Tax Overlay Capabilities

By Amit Chowdhry ● Jun 18, 2026

Franklin Templeton announced the launch of its Preferred Partner Program, also known as Canvas P3, an expansion of its Canvas platform that enables third-party asset managers to offer tax-managed versions of their proprietary investment strategies.

Osaic: $300 Million Firm Signature Private Wealth Management Joins

By Amit Chowdhry ● Jun 18, 2026

Osaic announced that Signature Private Wealth Management has joined its network of independent advisors.

Modera Wealth Management Onboards $312 Million Firm Northstar

By Amit Chowdhry ● Jun 18, 2026

Modera Wealth Management announced that it has completed a transaction with Northstar Financial Planners, a registered investment adviser based in Plantation, Florida. The transaction adds $311.6 million in assets under management to Modera and expands the firm’s presence in Florida.

Goldman Sachs Surpasses $1 Trillion In Announced M&A Volume Year-To-Date

By Amit Chowdhry ● Jun 16, 2026

Goldman Sachs Investment Banking announced that it has advised on more than $1 trillion in announced mergers and acquisitions volume year-to-date, marking the first time in history that any bank has reached this milestone within a half-year period.

NewEdge Wealth Expands Nashville Presence With Team Led By James Nichols

By Amit Chowdhry ● Jun 16, 2026

NewEdge Capital Group announced that a team led by James Nichols has joined NewEdge Wealth, further expanding the firm’s presence in Nashville and strengthening its ability to serve ultra-high-net-worth and high-net-worth families, family offices, and institutional clients in the growing market.

Zocks Launches Client Queries To Help Advisors Identify Growth Opportunities And Service Gaps Using AI

By Amit Chowdhry ● Jun 16, 2026

Zocks, a privacy-first AI platform for financial services, announced the launch of Client Queries, a new agentic AI capability that enables financial advisors and enterprise firms to identify organic growth opportunities and unmet client service needs across their books of business using natural language queries.

Merit Financial Partners With Prizm To Expand Insurance Services For Wealth Management Clients

By Amit Chowdhry ● Jun 16, 2026

Merit Financial Advisors announced a strategic partnership with Prizm, bringing the digital insurance platform’s capabilities to the wealth management firm’s advisors and clients across the United States.

Beacon Coast Partners Launches Independent Wealth Advisory Firm Focused On Ultra-High-Net-Worth Clients

By Amit Chowdhry ● Jun 16, 2026

Beacon Coast Partners announced the launch of an independent, employee-owned registered investment advisor focused on serving ultra-high-net-worth individuals and families, particularly those preparing for or navigating major liquidity events.

Simplicity Acquires August H. Velten & Associates And Names Founder August Velten A Partner

By Amit Chowdhry ● Jun 15, 2026

Simplicity Group announced the acquisition of August H. Velten & Associates, an independent retail wealth management and annuity producer based in Melbourne, Florida. As part of the transaction, founder August Velten has become a Simplicity Partner, and the registered investment advisory firm will soon rebrand as Simplicity Wealth Advisors: Melbourne.

Edward Jones Expands Workplace Retirement Solutions With New Product Partners And Small Business Initiatives

By Amit Chowdhry ● Jun 15, 2026

Edward Jones announced a major expansion of its workplace retirement plan offerings, adding new product partners and broadening capabilities aimed at helping business owners and employees improve their long-term financial outcomes.

LPL: $150 Million Firm Fortress Financial Planning Joins Platform

By Amit Chowdhry ● Jun 15, 2026

LPL Financial announced that Fortress Financial Planning has joined its broker-dealer and registered investment advisor platform. Advisors Bassem Moez, CRPC, and James Darden, JD, reported serving approximately $150 million in advisory, brokerage, and retirement plan assets and transitioned to LPL from MassMutual.

Goldman Sachs Lowers 2027 Brent Oil Forecast To $80 Amid Supply Growth And Demand Risks

By Amit Chowdhry ● Jun 14, 2026

Goldman Sachs has lowered its average Brent crude oil price forecast for 2027 to $80 per barrel, citing stronger global supply growth and continued weakness in demand, particularly in China. According to a research note from the investment bank via Reuters, rising oil production from the United States, Brazil, Guyana, Venezuela, and the United Arab Emirates, combined with structural shifts in energy consumption, is expected to weigh on prices over the longer term. Goldman said it expects more than 10% of the current weakness in demand to persist as China's transition toward alternative energy sources, including electric vehicles, accelerates.

Mariner To Acquire $218 Million RIA Atlantic Wealth Partners

By Amit Chowdhry ● Jun 12, 2026

Mariner announced plans to acquire Atlantic Wealth Partners, a Jupiter, Florida-based advisory firm overseeing approximately $218 million in assets, expanding its capabilities and commitment to serving first responders and public safety professionals.

MAI Capital Acquires $273 Million RIA Saybrook Wealth Group

By Amit Chowdhry ● Jun 12, 2026

MAI Capital Management announced that it has signed an agreement to acquire Saybrook Wealth Group, a Connecticut-based registered investment adviser with approximately $273 million in assets under management, expanding MAI’s presence in the Northeast region. Financial terms of the transaction were not disclosed.

Crewe Advisors Partners With Wealth Partners Capital Group And HGGC To Support Growth

By Amit Chowdhry ● Jun 12, 2026

Crewe Advisors announced that it will establish a strategic partnership with Wealth Partners Capital Group (WPCG) and HGGC, with the two firms making a minority equity investment in the Utah-based registered investment adviser to support future acquisitions and organic growth initiatives.

LPL Welcomes $185 Million FA Les Smith

By Amit Chowdhry ● Jun 11, 2026

LPL Financial announced that financial advisor Les Smith, CFP, has joined the firm’s broker-dealer and registered investment advisor platform. Smith reported serving approximately $185 million in advisory, brokerage, and retirement plan assets and joins LPL from Edward Jones.

Dynasty Expands Advisory Capabilities With Formation Of Dynasty Consulting Group And Planned Optima Group Acquisition

By Amit Chowdhry ● Jun 11, 2026

Dynasty Financial Partners announced the formalization of Dynasty Consulting Group, a new management consulting division designed to help independent registered investment advisors accelerate growth and build enterprise value. The initiative is anchored by Dynasty’s upcoming acquisition of Optima Group, a strategic advisory and brand-building firm with more than four decades of experience serving the financial services industry.

LPL Onboards $230 Firm Allegia Wealth Management

By Amit Chowdhry ● Jun 11, 2026

LPL Financial announced that Darren Colananni, CFP, ChFC, CIMA, CPWA, has joined the firm’s broker-dealer and registered investment advisor platform and launched Allegia Wealth Management. Colananni reported serving approximately $230 million in advisory, brokerage, and retirement plan assets and joins LPL from Centurion Wealth Management.

Wealth Advisor Growth Network: $1 Billion Firm Elk River Wealth Management Sold To AlphaCore

By Amit Chowdhry ● Jun 10, 2026

Wealth Advisor Growth Network (WAGN), a firm that helps financial advisors launch and scale independent wealth management businesses, announced the sale of Elk River Wealth Management to AlphaCore Wealth, a wealth management firm backed by Constellation Wealth Capital.

Steward Partners Expands Northeast And Florida Presence Through Zelniker Dorfman Private Wealth Partnership

By Amit Chowdhry ● Jun 10, 2026

Steward Partners, an employee-owned independent financial services firm, announced a strategic partnership with Zelniker Dorfman Private Wealth, marking the largest wirehouse breakaway in the firm’s history and adding $2.4 billion in client assets to its platform through its M&A Channel.

Hightower Expands Hightower Family Office Offering For Ultra-High-Net-Worth Families

By Amit Chowdhry ● Jun 10, 2026

Hightower Advisors announced the expansion of the Hightower Family Office, broadening the range of services available to ultra-high-net-worth individuals and families through Hightower advisors.

Allocate And Dynasty Financial Partners Expand Partnership To Enhance Private Markets Access

By Amit Chowdhry ● Jun 10, 2026

Allocate announced an expanded partnership with Dynasty Financial Partners to provide enhanced private market solutions for the Dynasty Network of independent registered investment advisors. Under the agreement, Allocate will serve as a preferred partner for white-label private market offerings, with its technology and fund services supporting many of Dynasty’s private market opportunities.

Raymond James Appoints Seth Ford As Chief Architect To Advance Enterprise Technology And AI Strategy

By Amit Chowdhry ● Jun 10, 2026

Raymond James has appointed Seth Ford as Senior Vice President and Chief Architect, a newly expanded role aimed at accelerating the firm's enterprise technology strategy and the adoption of artificial intelligence and advanced analytics capabilities.

RFG Advisory: iCapital Partnership Expands Access To Alternatives And Structured Investments

By Amit Chowdhry ● Jun 9, 2026

RFG Advisory announced a strategic partnership with iCapital that expands access to alternative investments and structured products through RFG's ClickONE platform. The integration is designed to provide independent financial advisors with streamlined access to private equity, private credit, hedge funds, and structured investment solutions while reducing operational complexity.

HSBC Asset Management Closes Second UK Direct Lending Strategy Above Target At $2 Billion

By Amit Chowdhry ● Jun 8, 2026

HSBC Asset Management has held a final close above target for its second UK direct lending vintage, raising $2 billion in commitments from institutional investors across the fund and associated mandates. The second fundraise is approximately twice the size of the first, supported by a combination of repeat and new commitments from a globally diverse institutional investor base across Europe, Asia, and North America, including from within the HSBC Group. The re-up rate among first-vintage investors exceeded 100%.

N10 Holdings Launches Into Independence With Dynasty Financial Partners Powering Two Affiliated Firms

By Amit Chowdhry ● Jun 7, 2026

N10 Holdings has announced its launch into independence, powered by Dynasty Financial Partners, with the simultaneous debut of two affiliated firms: N10° Wealth and N10° Assets. The Greenwich, Connecticut-based company is focused on serving high and ultra-high-net-worth clients including entrepreneurs, executives, closely held businesses, and other sophisticated professionals who require transparent, tax-efficient, and adaptable wealth and asset management solutions.