&Partners, an advisor- and employee-owned wealth management firm transforming the advisory landscape, announced that its 100th advisor practice, Mannen Financial Group, has joined the firm. With this addition the firm reports approximately $50 billion in pre-hire assets and $350 million in revenue, positioning the company as one of the fastest-growing hybrid broker-dealer and RIA platforms in the US.
The milestone is the latest step in a growth journey that began less than two years ago and is driven by the firm’s unique ownership model, where advisors become owners and participate in the equity of the enterprise. &Partners says the shared-ownership structure aligns advisors, clients and the home-office team, and has helped attract practices rapidly.
Mannen Financial Group founder Elizabeth Mannen Berges said the decision to join &Partners was grounded in a shared philosophy of integrity, professionalism and client-focus. She emphasized the meaning of becoming both advisor and owner under the new affiliation.
The firm noted the addition of Mannen marks a multigenerational group deeply rooted in the St. Louis community and reflects the kind of advisor-owned practice that &Partners seeks to partner with. &Partners co-founder David Kowach welcomed the group and said their choice confirms that advisors are embracing the firm’s mission to change financial lives for the better.
&Partners co-founders John Alexander and Kristi Mitchem described the platform as combining institutional-quality investment and operational support with an ownership model capped at approximately 150 advisor teams to preserve culture and client experience.
KEY QUOTES:
“We founded &Partners with a bold vision: to create an environment where advisors are empowered as owners, and clients receive truly personalized advice. Welcoming the Mannen Financial Group as our 100th practice is more than just a number. It confirms that advisors are embracing our ownership model and our mission to change financial lives for the better.”
David Kowach, CEO and Co-Founder, &Partners
“We chose &Partners because their philosophy matches ours: integrity, professionalism, and a relentless focus on the client. The opportunity to be both an advisor and an owner makes this partnership especially meaningful.”
Elizabeth Mannen Berges, Founder, Mannen Financial Group | &Partners
“We are very proud to have Elizabeth, one of the most respected financial advisors in the country, join us. Culturally they are a perfect fit. Our advisors and clients deserve concierge-level service and institutional investment solutions tailored precisely to their needs.”
John Alexander, Co-Founder, &Partners
“We are building a firm designed to meet advisors and clients where they are, without compromise. At bigger firms, policies often prioritise control over client benefit. Our model is designed for agility and client value creation, ensuring advisors can do what’s right without unnecessary barriers.”
Kristi Mitchem, Co-Founder, &Partners
