Wealthbox, a CRM software platform for financial advisors, announced that it has entered into a definitive agreement for a $200 million strategic majority investment from Sixth Street Growth.
This funding underscores the company’s strong position in the independent advisor market, its expanding opportunity in adjacent wealth-tech categories, and strategic trajectory upmarket to larger RIA firms and enterprise broker-dealers.
Partnership: This partnership marks a major milestone in Wealthbox’s evolution and positions the company to scale its operations further, accelerate product development, and expand its footprint across the wealth management industry.
How the funding will be used: This investment will enable a new chapter of growth. And Wealthbox plans to accelerate product development, expand integrations across the advisor tech stack, and deepen its enterprise capabilities to meet the needs of increasingly complex advisory firms.
New board members: As part of the deal, Michael McGinn, as well as Paul Dodd, Operating Partner, and Alex Goodman, Principal at Sixth Street Growth, will join Wealthbox’s Board of Directors.
KEY QUOTES:
“This partnership with Sixth Street is a defining moment for Wealthbox. We’ve spent years building a modern, elegant CRM that advisors truly enjoy using. With Sixth Street’s backing, the new funding will allow us to move faster than ever to extend our leadership in the market and deliver even more value to advisory firms of all sizes.”
John Rourke, CEO and Co-founder of Wealthbox
“Wealthbox’s platform combines user-friendly simplicity with powerful capabilities, underpinned by a deep commitment to customer satisfaction, and we believe that it offers a valuable, advisor-centric CRM solution for the wealth management channel. We are pleased to partner with Wealthbox to support its next phase of innovation.”
Michael McGinn, Partner at Sixth Street and Co-Head of Sixth Street Growth
