Financial Advisors Lean Into Private Markets Despite Challenges (Wealth Briefing)
Rockefeller Global Family Office Continues Growth, Welcomes First Florham Park, NJ-Based Private Wealth Team (Business Wire)
Family Office Deal Tracker
In a Series B Funding round, CA-based Rain Technologies has raised $75M with support from Invus Group Family Office
Jordan Park has participated in a $64M Series D funding round for the sustainable investing solutions platform, Ethic
Kodiak Robotics, the autonomous driving truck startup, has received $110M in funding with assistance from Soros Family Office with plans to go public through the merger with Ares Acquisition Corporation II
Phantom Neuro, a TX-based neurotech company, has secured $19M in a Series A funding round with participation from Brown Advisory
Marking its fourth deal in 2025, Waverly Advisors has acquired $110M Florida-based RIA, Fiduciary Wealth Advisors (Citywire)
The $34B NYC-based RIA, First Manhattan, has bought Grand-Jean Capital Management bringing in $500M (Wealth Management)
Kentucky-based $385M AlphaMark Advisors solidifies EP Wealth's fourth deal this year (Citywire)
Pulling off its biggest deal of 2025, $354B Creative Planning has bought wealth manager, Monterey Private Wealth, with $1B in assets (Citywire)
New Firm Launch
SoundRidge Private Wealth, founded by Noah Doyle and Charles Princiotto, has launched in Manhattan after operating as Battery Park Financial Partners at Janney Montgomery Scott.
The firm manages around $380M in client assets and has joined Wells Fargo Advisors Financial Network to offer personalized and flexible financial services
SoundRidge targets high-net-worth individuals, families, entrepreneurs, and professionals in entertainment and sports, providing comprehensive wealth planning
Partnering with FiNet allows the firm to access top-tier infrastructure while preserving the freedom to deliver highly personalized, independent advice
Previously part of the biopharmaceutical industry, Robert Ho joins $26B Seattle-based RIA, Brighton Jones, as CFO (Citywire)
Constellation Wealth Capital has snagged Paul Sealy, formerly at Cerberus Capital Management, as CFO and CCO (Citywire)
Bringing over $280M in client assets, John Hayes and Tim Hightower have left Constellation Wealth to join MAI Capital Management focused on advising professional athletes (Wealth Management)
M&A Executive, Jeffrey Harris, has left Carson Group to join Utah-based RIA, Soltis Investment Advisors as head of M&A and partnerships (Wealth Management)
Blackstone, Vanguard, and Wellington Team Up
Blackstone has formed a strategic alliance with Vanguard and Wellington Management to develop hybrid investment products combining public and private assets—part of a broader push to bring alternative investments to individual investors. While product details are forthcoming, the goal is to create diversified portfolios that blend private equity, private credit, and traditional market exposure for wealthy individuals and retirees. The move reflects growing interest in institutional-style diversification amid heightened market volatility, driven by policy uncertainty and geopolitical tensions under President Trump’s administration. For Vanguard and Wellington, the partnership strengthens their foothold in private markets, while Blackstone gains deeper access to retail wealth. The alliance underscores how alternatives are fast becoming a core part of modern investment portfolios.
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 innovative AI utility, detailed search parameters 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 product, click below.
