Advisers Stephen Caton and Rick Figueroa, who together managed nearly $300 million at UBS in Houston, have formed Patron Partners, a registered investment adviser, along with Kelly Aimone, an attorney.
In setting up their business, the team used tru Independence, an open architecture platform that provides breakaway advisers with the business services used by RIA firms.
RIA industry veterans Jay Hummel and John Phoenix have launched a firm which offers 60% equity to advisors with plans to grow to over $5 billion in AUM, before selling to an institutional investor within five years.
A high-net-worth advisory group leaves Wintrust to embrace independence.
Independent firm joins expanding national advisory network.
New research reveals shifting strategies in financial guidance.
Westlake Village office strengthened by acquisition.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
