Family Office & RIA Newsletter

Volume 160 • 02/05/2026

Beacon Pointe Hits a Triple, RBC Snags Another UBS Team, and AI Dominates Family Office Investments in the latest edition...

Take a Lap Around the Industry 🏃

• BlackRock, Partners Group Roll out Private Markets SMA (InvestmentNews)
• Creative Financial Designs Announces the Launch of Its Faith-Based and Traditional Investment Strategies through Creative Portfolio Management (PRNewswire)
• UBS U.S. Wealth Profit Rises Despite $14 Billion in Outflows (AdvisorHub)
• Concurrent Adds 22 Teams and $5.1B in Assets in 2025—Firm Assets Reach $34B (AdvisorHub)

Family Office Deal Tracker

• Innovative eye treatment firm, Tenpoint Therapeutics, has raised $235M in a Series B round with support from Hillhouse Family Office
• a16z Perennial has participated in a $140M Series A funding round for the nuclear consulting firm Standard Nuclear
• Levellr, the London-based AI insights platform, has raised $2.5M in a Seed round with backing from Mark Pincus' family office, WorkPlay Ventures
• In a Series B round, AI platform for real estate law, Orbital has obtained $60M with support from Grosvenor Estate

Source: FINTRX

 Team Movement 🚨

• Landing $1B in assets, Raymond James has snagged a team of four advisors from Merril Lynch, now going as Thrift Private Wealth of Raymond James (WealthManagement.com)
• Managing $700M in assets, Voyage Wealth Architects has left Northwestern Mutual to join OnePoint BFG (WealthManagement.com)
• Arizona-based $258M Cowans Mitchell Group has left Edelman Financial Advisors for Baird (InvestmentNews)
• RBC has now added Wilson Wealth Management, making another UBS steal after a string of recent hires (AdvisorHub)

M&A Spotlight

Beacon Pointe Advisors recently announced three RIA acquisitions—Financial Planning Solutions  Voyager Wealth Management, and InvestmentHunter Wealth Services—bringing total firm assets to roughly $62 billion, operating across 90+ offices and more than 750 employees.

• Financial Planning Solutions, based in Newton, MA, advises roughly $350 million and specializes in planning around major life transitions, including pensions, divorce, and retirement, with a strong community and pro bono focus
• Voyager Wealth Management, located in Lake Geneva, WI, manages about $229 million, operating a planning-led, goals-based model with an emphasis on scenario analysis, long-term financial modeling, and close client relationships
• InvestmentHunter Wealth Services, a husband-and-wife-owned firm in the Fort Worth area, oversees approximately $153 million and combines comprehensive financial planning with tactical investment management across retirement, tax, estate, and insurance strategies

Source: PRNewswire

Reps On the Move ↗️

• Previous Managing Director at Morningstar Wealth, Jonathan Linstra, has been named as Chief Growth Officer at Envestnet (Pulse 2.0)
• Charles Schwab has chosen Managing Director and Head of Wealth and Advice Solutions Neesha Hathi to lead the initiative of combining its banking and wealth advisory services (Yahoo Finance)
• Marissa Fox-Foley has left Choreo to join Sanctuary Wealth as Chief Marketing Officer (WealthManagement.com)
• With the acquisition of Premier Private Wealth, Summit Wealth Group has appointed Premier's CEO Michael Comstock to lead their newly-launched family office services  (WealthManagement.com)

AI Dominates Family Office Investments

Artificial intelligence has emerged as the top investment priority for family offices globally, according to a JPMorgan Private Bank survey, though actual allocations remain limited and concentrated in public equities. Of the 333 single family offices surveyed across 30 countries, 65% identified AI as their leading investment theme, ahead of healthcare innovation, infrastructure, and cybersecurity. However, exposure is largely restricted to large-cap listed companies, with venture capital and growth equity averaging just 3.3%, and more than half reporting no exposure at all. Despite AI’s heavy reliance on data centers and power, 79% of respondents reported no infrastructure allocations. JPMorgan says interest is shifting toward “AI-adjacent” investments, such as the infrastructure and services enabling the sector, rather than betting on individual AI firms. Geopolitics remains the top perceived risk, prompting increased hedging. Family offices continue to avoid crypto, but are turning to gold, with allocations rising sharply since last year’s survey.

Source: AdvisorHub

FINTRX is an industry-leading AI-powered data intelligence solution covering 850,000+ financial firm and contact records, designed to empower industry professionals to efficiently and effectively engage with the global private wealth ecosystem. With highly accurate and actionable data, innovative AI utility, and customizable workflow tools, FINTRX enables seamless tracking of allocation trends, in-depth analysis of investment data, high-level relationship mapping and much more. To learn more or request a trial of the FINTRX data product, click below.