TradePMR, the RIA custodial platform acquired by Robinhood last year, is supporting a $3 billion AUM team from Wells Fargo team as they launch their own independent, fee-only fiduciary RIA.
Based in Jacksonville, Florida, Gryphon Wealth is led by co-founders Jeffrey L. Wyatt, who serves as chairman, and Jason D. Hyrne, who serves as CEO and chief investment officer. The leadership team also includes J. Adam Kirby, president and chief compliance officer, and Melissa Storch, chief operating officer.
Wyatt and Hyrne have worked together since 2005 and have been consistently named best-in-state advisors by Forbes since 2017.
The firm employs 22 professionals and provides services spanning financial planning, portfolio management, estate planning strategies, retirement income planning, and cash flow management.
“We have a commitment to helping our clients save and invest wisely with comprehensive financial planning and portfolio management. We're trying to build the advisory company that we'd want for our own families," Hyrne said in a statement.
Gryphon Wealth will use TradePMR's Fusion platform, which combines digital account opening, trading, and client relationship management in a single interface.
TradePMR, which was acquired by Robinhood last year, said the transition reflects how advisors are planning for generational wealth transfer and exploring the integration of artificial intelligence into client services.
Hyrne specifically cited potential uses of AI, estate planning, and income tax planning through the platform.
“Gryphon Wealth’s focus on growing their business and exploring AI to enhance the client experience reflects how some firms are evolving as they plan for generational wealth transfer,” said Baldwin.
New York-based RIA platform Farther announced that it has raised $150 million in Series D funding led by General Atlantic, a global private equity and growth investor, with participation from existing investors.
The raise brings Farther's total fundraising since founding in 2019 to more than $272 million, according to the company.
Since launch, the firm said its recruited assets – defined as assets currently under management plus additional assets expected from advisors in the process of joining – have surpassed $23 billion. With that, Farther said it's in position to triple its year-over-year growth rate since the first quarter of 2025.
The raise also puts Farther's valuation above $1 billion, achieving unicorn status.
“Our partnership with General Atlantic will help us continue scaling our Intelligent Wealth Platform, so more advisors can grow their business and deliver greater value to clients,” Taylor Matthews, Farther CEO and co-founder said in a statement.
CTO and co-founder Brad Genser said Farther's platform "replaces fragmented, legacy systems with a single, integrated solution that powers advisors to operate more efficiently and effectively, with better outcomes for clients."
Farther's platform, which the company describes as natively built with AI at its core, targets advisors dissatisfied with legacy technology and the "bolt-on" systems that larger institutions have added to aging infrastructure. The platform offers dynamic asset location, risk management, private markets access, and AI-driven tools within a single interface.
The capital raise at Farther comes shortly after a $1.5 billion private wealth advisor from Goldman Sachs joined the platform, starting his own multi-family office after 13 years at the legacy investment bank
Brooklyn Fi, an independent advisory firm specializing in financial planning and tax strategy for technology employees, founders, and creatives with complex equity compensation, has accepted a strategic minority investment from Accelerated Wealth Partners (AWP), a New York-based investment firm focused on scaling RIAs.
AWP is backed by a $200 million capital commitment from J.C. Flowers & Co. at the holding company level.
Co-founded by Ally Jane (AJ) Ayers and Shane Mason, Brooklyn Fi currently serves more than 500 client households nationwide from a fully remote platform.
The new strategic partnership provides Brooklyn Fi with growth capital and access to AWP's organic growth and M&A capabilities. Brooklyn Fi's founders and existing leadership team will remain in place.
Eric Amar, founder of Accelerated Wealth Partners, said in a statement that the firm's advisory niche – equity compensation planning for tech workers and founders – is poised to expand as more wealth is created in that sector.
"[AWP's] expertise in building industry leaders gives us the tools to scale the experience we deliver to our employees, our clients, and our future partners, without compromising on the things that make Brooklyn Fi what it is," Ayers said.
Telos Private Wealth, an advisory firm operating across the Southeast with offices in Birmingham, Dothan, and Enterprise, Alabama, has transitioned nearly $300 million in assets under advisement to Arkadios Capita.
Arkadios' hybrid independent broker-dealer network encompasses more than $20 billion in affiliated assets and over 300 advisors across 100 offices, according to the company.
Telos – founded by Matt Lemen, Billy Haskins, and Ken Azar, who brings more than 30 years of financial services experience – arrives to Arkadios amid what the firm described as a trend of increasing constraints as more independent broker-dealers come under private equity ownership.
“From day one, our goal has been to build a firm that operates fully in alignment with our clients’ best interests and our own vision for growth,” Lemen said in a statement.
“Arkadios’ platform allows us to elevate every aspect of the client experience while also giving us the tools to grow intentionally and efficiently,” added Haskins, a fomer quarterback at the University of Kentucky.
"[Telos'] commitment to client service, combined with their ambition for growth, makes them an ideal partner within our ecosystem,” said Nate Stibbs, director of Corporate Strategy at Arkadios.
IFP Securities’ owner, Bill Hamm, has a long-term plan for the firm and its 279 financial advisors.
A former Alabama investment advisor and ex-Kestra rep has been permanently barred and penalized after clients he promised to protect got caught in a $2.6 million fraud.
As more active strategies get packaged into the ETF wrapper, advisors and investors have to look beyond expense ratios as the benchmark for value.
Survey finds AI widely embedded in research and analysis, but barely touching portfolio construction or trade execution.
Two firms land teams managing more than $1.1 billion in combined assets from Kestra and Edward Jones.
Wellington explores how multi strategy hedge funds may enhance diversification
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
