Asset Management

Abundance: Instacart Co-Founder Apoorva Mehta Launches AI-Driven Hedge Fund

By Amit Chowdhry ● Apr 26, 2026

Instacart co-founder Apoorva Mehta has launched a new hedge fund, Abundance, that uses artificial intelligence agents to make investment decisions, marking a significant step toward fully autonomous asset management, according to a Bloomberg report

Osaic Onboards $500+ Million Firm Pointes North Wealth Management

By Amit Chowdhry ● Apr 26, 2026

Osaic, one of the nation's largest providers of wealth management strategies, has announced that Pointes North Wealth Management, led by managing partners Nathan Auclair and Brent Balloch, CFP, ChFC, has joined its Empowered Independence channel. The Salem, New Hampshire-based firm oversees more than $500 million in client assets and is transitioning from an independent model to Osaic's W-2 structure. Innovative Financial Group, an Osaic office of supervisory jurisdiction, played a central role in facilitating the transition and helping design a structure aligned with Pointes North's long-term goals.

SYS Financial: ODM Financial Advisers Acquisition Adds €120 Million In Client Assets

By Amit Chowdhry ● Apr 25, 2026

SYS Financial, one of Ireland's leading financial advisory firms, has acquired ODM Financial Advisers, a well-established financial advisory firm based in Bandon, County Cork. The deal increases SYS Financial's client assets under management by €120 million, bringing total client AUM to over €900 million. The acquisition marks SYS Financial's third deal in Cork within the past year and forms part of a broader acquisition strategy, with several additional deals reported to be in the pipeline.

Wealthspire: Fiducient Advisors To Acquire $11 Billion Investment Advisory Firm Sellwood Investment Partners

By Amit Chowdhry ● Apr 24, 2026

Wealthspire, an independent wealth management, institutional advisory, and business management firm, announced that Fiducient Advisors has entered into an agreement to acquire Sellwood Investment Partners, a Portland, Oregon-based investment advisory firm with $11 billion in total assets.

WealthReach: Multiply AI-Powered Referral Engine Launched To Automate Organic Growth For Advisory Firms

By Amit Chowdhry ● Apr 24, 2026

WealthReach, a New York-based organic growth platform built for registered investment advisors and wealth management firms, has launched Multiply, an AI-powered referral engine that gives advisory firms the systems, coaching, and automation to turn existing client relationships into a consistent source of new business. The launch follows WealthReach's recent acquisition of the intellectual property assets of Model FA, a referral marketing consultancy whose methodologies were developed over decades of hands-on work with advisory firms.

Carson Group: Murray, Utah Practice Acquisition Marks 43rd Integrated Office

By Amit Chowdhry ● Apr 24, 2026

Carson Group, an Omaha, Nebraska-based wealth advisory firm managing over $57 billion in assets under management, has acquired Carson Wealth in Murray, Utah, led by Managing Partner and Wealth Advisor Thom Hall, CFP, ChFC. The practice manages approximately $160 million in AUM and becomes Carson's 43rd integrated office.

Modern Wealth Management Announces Asset Purchase Agreement With Brown And Company

By Amit Chowdhry ● Apr 24, 2026

Modern Wealth Management, a Monterey, California-based registered investment advisor, has announced an asset purchase agreement with Denver-based Brown and Company, a wealth management practice overseeing approximately $1 billion in assets under management that was previously affiliated with LPL Financial. The transaction marks Modern Wealth's 21st acquisition and its second of the year, pushing total AUM past $13 billion. The deal was guided by Alaris Acquisitions.

Advisor360°: Financial Planning Capabilities Embedded Into AI-Native Platform Through Conquest Planning Partnership

By Amit Chowdhry ● Apr 24, 2026

Advisor360, a Needham, Massachusetts-based AI-native operating system for the advisor experience, has announced a partnership with Conquest Planning, a Winnipeg-based financial planning software company, to embed financial planning capabilities directly within the Advisor360 platform. The integration is designed to eliminate the fragmentation that currently characterizes financial planning workflows for most advisory firms, where advisors move between disconnected systems, re-enter data manually, and lose context as they transition from plan creation to execution and client service.

Citi Sky AI-Powered Wealth Assistant Launched Using Google Cloud And Google DeepMind Technologies

By Amit Chowdhry ● Apr 24, 2026

Citi Wealth has unveiled Citi Sky, an always-on AI-powered member of the Citi Wealth team built using technology from Google Cloud and Google DeepMind, designed to transform how clients access market insights, act on financial opportunities, and engage with their advisors. Announced at the Google Cloud Next 2026 conference in Las Vegas, Citi Sky will be made available to Citigold clients in the United States beginning this summer in a phased rollout.

LPL Financial: $180 Million Advisor Courtney Walker Joins Platform With Spring Line Wealth Partners

By Amit Chowdhry ● Apr 24, 2026

LPL Financial announced that financial advisor Courtney Walker, CFP, has joined its broker-dealer and registered investment advisor platform, aligning with Spring Line Wealth Partners. Walker reported serving approximately $180 million in advisory, brokerage, and retirement plan assets and joins from J.P. Morgan.

Rossby Financial: Marissa Harris Named Chief Compliance Officer As Firm Expands Leadership Team

By Amit Chowdhry ● Apr 24, 2026

Rossby Financial, a Melbourne, Florida-based tech-forward, open-architecture enterprise registered investment advisor, has appointed Marissa Harris, CERP, as Chief Compliance Officer. Harris brings nearly 20 years of experience leading business line risk and compliance teams across the financial services industry, and her hire comes as the firm says compliance risks in areas including cybersecurity, AI, and privacy are growing in complexity and regulatory scrutiny.

Harbourfront Wealth Group: Richard McIntyre Named Chief Executive Officer To Lead Next Phase Of Enterprise Growth

By Amit Chowdhry ● Apr 24, 2026

Harbourfront Wealth Group, a Toronto-based independent wealth advisory and investment management firm, has appointed Richard McIntyre as Chief Executive Officer, effective April 20, 2026. The appointment reflects the firm's rapid expansion and the need to scale its leadership structure to support continued enterprise growth.

Cetera: Matt Kwartler Appointed Managing Director And Head Of Strategic Growth

By Amit Chowdhry ● Apr 24, 2026

Cetera Financial Group, a San Diego-based independent broker-dealer and wealth management firm, has appointed Matt Kwartler, CFP, as Managing Director and Head of Strategic Growth. Kwartler joins from Fidelity Investments, where he served as head of Wealth Advisor Solutions, Fidelity's coveted RIA client referral program operated through Fidelity Institutional. In that role, he was responsible for a platform that matches Fidelity clients with third-party independent RIAs for specialized wealth management services, and worked directly with some of the largest RIAs in the country on organic growth strategy and strategic partnerships.

Savvy Wealth: AI-Native RIA Launches Savvy Intelligence To Unify Investments, Tax, And Planning

By Amit Chowdhry ● Apr 24, 2026

Savvy Wealth, a New York-based AI-native registered investment advisor built for independent financial advisors, has unveiled Savvy Intelligence, a new agentic AI product within its vertically integrated platform. The launch comes as the firm reports managing nearly $6 billion in client assets, five times what it managed a year ago, and supports nearly 135 advisors.

Raymond James Investment Management: Kristi Higgins Joins As Head Of ETF Strategy

By Amit Chowdhry ● Apr 24, 2026

Raymond James Investment Management, a global asset management company with $115 billion in assets and a wholly owned subsidiary of Raymond James, has appointed Kristi Higgins as Head of ETF Strategy.

Hightower: Acquisition Of $9.5 Billion Firm The Bahnsen Group Signed To Deepen Strategic Partnership

By Amit Chowdhry ● Apr 24, 2026

Hightower, a Chicago-based national wealth management firm, has signed a definitive agreement to acquire The Bahnsen Group, one of its flagship franchise practices, which oversees approximately $9.5 billion in assets under management as of December 31, 2025. The transaction is expected to close in the third quarter. Financial terms were not disclosed.

Raymond James Adds $225 Million Advisor Team In Colorado To Strengthen Independent Channel

By Amit Chowdhry ● Apr 24, 2026

Raymond James Financial Services announced that financial advisors Jeffrey Gore and Madison Gore have joined its independent advisor channel, bringing more than $225 million in client assets.

U.S. Bank: Former NFL Player Steven Israel Hired As Wealth Management Consultant To Serve Professional Athletes

By Amit Chowdhry ● Apr 24, 2026

U.S. Bank has hired former NFL cornerback and veteran financial services professional Steven Israel as a Wealth Management Consultant, where he will serve as an ambassador for the bank's efforts to support professional athletes' banking and wealth management needs. Israel joins from J.P. Morgan Private Bank, where he served as an executive director and banker for approximately three years, advising entrepreneurs, college endowments, and sports and entertainment professionals on investments, lending, estate planning, and philanthropy. He will be based in Charlotte, North Carolina.

Ameriprise Financial: $140 Million Firm Fair Oaks Wealth Management Joins

By Amit Chowdhry ● Apr 23, 2026

Ameriprise Financial announced that Fair Oaks Wealth Management, a financial advisory practice managing more than $140 million in client assets, has joined its independent advisor channel from Edward Jones.

55ip: Investment Technology Platform Expands With T. Rowe Price Custom Models Collaboration

By Amit Chowdhry ● Apr 23, 2026

55ip, a tax-smart investment technology platform and a wholly owned subsidiary of J.P. Morgan, announced an expansion of its investment platform through a collaboration with T. Rowe Price to deliver custom model portfolios for financial advisors.

Mariner: $500 Million In Assets Added With Two Advisor Team Acquisitions

By Amit Chowdhry ● Apr 21, 2026

Mariner announced two acquisitions totaling approximately $500 million in assets, adding multigenerational advisory teams from St. Louis and Timonium, Maryland as part of its strategy to support long-term growth, client continuity, and next-generation advisor development.

Integrated Partners: SIGIL Family Office Launch Strengthens Ultra High-Net-Worth Client Services

By Amit Chowdhry ● Apr 21, 2026

Integrated Partners announced that Kyle Caouette, John de Carvalho, and their team have joined the firm to launch SIGIL Family Office, a consultative platform focused on serving ultra-high-net-worth business owners and families.

Prairie View Wealth Partners Launches In Sioux Falls To Serve ‘Builders’ With Integrated Wealth And Tax Planning

By Amit Chowdhry ● Apr 21, 2026

Prairie View Wealth Partners announced its official launch as an independent, fee-only RIA founded by Adam Cox, Kyle Cipperley, and Paula Bindert to serve individuals and families at pivotal stages of personal and professional growth.

Charles Schwab: Spot Crypto Trading Launch Introduces Crypto For Retail Investors

By Amit Chowdhry ● Apr 21, 2026

Charles Schwab announced the launch of Schwab Crypto, a new spot cryptocurrency trading offering that will roll out to retail clients in phases over the coming weeks.

Osaic: Technology Leadership Expanded With Appointment Of Stacie Nabedrick

By Amit Chowdhry ● Apr 21, 2026

Osaic announced the appointment of Stacie Nabedrick as senior vice president of advisor and client technology solutions, reinforcing its investment in digital innovation and scalable growth across its advisor network.

Baird: $1 Billion Firm HWB Partners Joins Indianapolis Wealth Management Office

By Amit Chowdhry ● Apr 21, 2026

Baird announced that HWB Partners has joined the firm’s wealth management office in Indianapolis, adding a team with deep experience across advisory, institutional consulting, and sports-focused financial services. The team includes Don Hutchinson, Director and Financial Advisor; Dean P. Weseli, CFP, CDFA, Director and Financial Advisor; and Jeff J. Borgert, CAIA, Director and Financial Advisor. They join from Goelzer Investment Management, where they managed approximately $1 billion in client assets and held senior advisory and leadership roles.

Mercer Advisors: Leadership Expansion Adds Chief Solutions Officer And Chief Commercial Officer

By Amit Chowdhry ● Apr 21, 2026

Mercer Global Advisors announced the expansion of its executive leadership team with the appointment of Melissa Nims as Chief Solutions Officer and Jeremiah Barlow as Chief Commercial Officer, as the firm sharpens its focus on delivering integrated family office services and expanding client value.

F2 Strategy: Acquisition Of Meradia Expands Wealth And Asset Management Consulting Capabilities

By Amit Chowdhry ● Apr 21, 2026

F2 Strategy announced it has acquired Meradia, a North American consulting firm specializing in investment management operations and technology, in its largest acquisition to date as it continues to scale its platform serving wealth and asset management clients.

Citi Wealth: Strategic Agreement With Advyzon To Launch Global Unified Managed Account Program

By Amit Chowdhry ● Apr 21, 2026

Citi Wealth announced a strategic agreement with Advyzon Enterprise Solutions and Advyzon Investment Management to deliver a Global Unified Managed Account program for its clients, marking a significant step in expanding its personalized advisory capabilities across its global footprint.

Stake: Partnership With ACE & Company To Build Secondary Market For Fractional Real Estate In The UAE

By Amit Chowdhry ● Apr 21, 2026

Stake announced a strategic partnership with ACE & Company to develop a secondary transfer facility aimed at improving liquidity for fractional real estate investments in the United Arab Emirates.