The Atlanta, Georgia-based national wealth firm revealed its new PE partner as prior backers Wealth Partners Capital Group and HGGC's Aspire Holdings exited their investments.
The latest departures in Ohio mark another setback for the hybrid RIA, which is looking to "expanding its presence across all models and segments of the wealth management industry."
Nearly nine-tenths of investors with advisors experienced more peace of mind, while three-fourths said having a professional in their corner has led to time savings.
The St. Louis-based real estate investment firm gives the asset management giant a valuable access point to the roughly $1 trillion net lease market.
Eliseo Prisno, a former Merrill advisor, allegedly collected unapproved fees from Filipino clients by secretly accessing their accounts at two separate brokerages.
The Harford, Connecticut-based RIA is expanding into a new market in the mid-Atlantic region while crossing another billion-dollar milestone.
Florida-based RIA Rossby Financial is also bolstering its appeal for tech-focused advisors with a new integration partnership.
Cerulli research reveals adoption among broker-dealers and wirehouses as investors seek inflation-beating returns.
The latest federal data release showed nonfarm payrolls increasing by 147,000, edging down but still in line with previous readings, while adjusting April and May figures upward.
Elsewhere, Sanctuary Wealth recently attracted a $225 million team from Edward Jones in Colorado.
