Wealthbox, a Providence, Rhode Island-based customer relationship management system for financial advisers, has received a $31 million investment from Frontier Growth, a Charlotte, North Carolina-based private equity firm.
The Series B round of financing represents a minority stake in the business, Wealthbox said in a release.
Wealthbox, which was launched in 2014, said it will use the capital to accelerate product development and innovation.
Two executives from Frontier Growth, Richard Maclean and Matt Williams, will join two Wealthbox executives, CEO John Rourke and co-founder Dan Ferranti, on Wealthbox's board of directors.
InvestmentNews reported in 2017 that the IRS was scrutinizing the tax shelter land deals, called syndication conservation easements.
Advisors gain a second workflow for 401(k) guidance as the fintech expands beyond bulk rebalancing, backed by new policy research on advice access.
New data shows most people do not have enough saved to cover costs and are not fully utilizing their accounts.
Firms announce new recruits this week, with teams overseeing hundreds of millions in client assets switching affiliations.
It’s the 12th deal for Stratos since SEI's investment and follows 11 acquisitions worth $4.8B in 2025.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
