Focus Financial Partners

Flourish Announces New Relationship with Focus Financial to Bring Flourish Cash to More Focus Firms

Retrieved on: 
Tuesday, March 19, 2024
Orbit, Partnership, RIAS, Growth, Focus Financial Partners, Financial adviser

New York, March 19, 2024 (GLOBE NEWSWIRE) -- Flourish , a platform that provides innovative access to financial products that help registered investment advisors (“RIAs”) improve their clients’ financial outcomes, today announced a new formal relationship with Focus Financial Partners (“Focus”), a leading partnership of independent, fiduciary wealth management firms, to make Flourish Cash available to additional Focus firms.

Key Points: 
  • New York, March 19, 2024 (GLOBE NEWSWIRE) -- Flourish , a platform that provides innovative access to financial products that help registered investment advisors (“RIAs”) improve their clients’ financial outcomes, today announced a new formal relationship with Focus Financial Partners (“Focus”), a leading partnership of independent, fiduciary wealth management firms, to make Flourish Cash available to additional Focus firms.
  • Flourish already works with over a dozen Focus firms, including Buckingham Strategic Wealth, LLC, which has previously shared its success in leveraging Flourish , and The Colony Group, LLC.
  • This new relationship formalizes the existing strong organic relationship between Flourish and Focus and sets the stage for making Flourish Cash available to additional Focus firms as Focus enters its next phase of growth.
  • “Formalizing our relationship recognizes the mutual benefits that Focus firms, their end clients, Focus, and Flourish have already enjoyed so far.

CION Investment Corporation Strengthens Leadership Team with the Appointment of Charlie Arestia as Managing Director and Head of Investor Relations

Retrieved on: 
Wednesday, March 27, 2024
Professional Services, Finance, CION, J. P. Morgan, Focus Financial Partners, Security (finance)

CION Investment Corporation (NYSE: CION) (“CION”), a leading publicly listed business development company focused on the U.S. middle market, is pleased to announce the appointment of Charlie Arestia as Managing Director and Head of Investor Relations.

Key Points: 
  • CION Investment Corporation (NYSE: CION) (“CION”), a leading publicly listed business development company focused on the U.S. middle market, is pleased to announce the appointment of Charlie Arestia as Managing Director and Head of Investor Relations.
  • In this key role, Mr. Arestia will play a pivotal part in fostering and expanding relationships with CION’s valued investors.
  • Mark Gatto, co-CEO of CION expressed his enthusiasm about the new addition to the team: “We are thrilled to welcome Charlie to the CION team.
  • We believe Charlie will contribute significantly to our future success.”
    “I am honored to join the senior leadership team at CION.

Luminary Announces Closing of Convertible Note and Rudy Adolf as Board Advisor

Retrieved on: 
Thursday, April 4, 2024
OpenGov, Partnership, Trust, Wealth management, AllianceBernstein, Focus Financial Partners, AI, Luminary, RIAS, Investment, Cryptocurrency

NEW YORK, April 4, 2024 /PRNewswire/ -- Luminary Platforms, Inc. today announced closing of convertible note proceeds at full capacity. The financing was led by existing investors 8VC, Focus Financial Partners and Rockefeller Asset Management's Fintech Innovation Fund. Ruediger "Rudy" Adolf, founder and former CEO of Focus Financial Partners, participating personally, was also a leader among the investor group and will join the board as an advisor. Luminary received investments at the note's capacity limit from other new investors, including family offices and strategic partners.

Key Points: 
  • Luminary Platforms, Inc. has closed convertible note financing led by existing investors 8VC, Focus Financial Partners and Rockefeller Asset Management.
  • Additionally, after making a personal investment, Rudy Adolf, founder and former CEO of Focus Financial Partners, will join Luminary's board as an advisor.
  • NEW YORK, April 4, 2024 /PRNewswire/ -- Luminary Platforms, Inc. today announced closing of convertible note proceeds at full capacity.
  • Ruediger "Rudy" Adolf, founder and former CEO of Focus Financial Partners, participating personally, was also a leader among the investor group and will join the board as an advisor.

SageView Advisory Group Builds Out Leadership Team to Drive Next Stage of Growth Strategy

Retrieved on: 
Tuesday, March 26, 2024
Capital, Growth, Partnership, Knowledge, Focus Financial Partners, RIA, Aquiline, AUM, Electoral district of Gaven, Management

NEWPORT BEACH, Calif., March 26, 2024 /PRNewswire/ -- SageView Advisory Group ("SageView"), one of the nation's leading independent RIA firms, today announced the buildout of its senior leadership team as part of the next stage of its growth strategy. The leadership team enhancements include the appointment of Christina Walsh as Chief Financial Officer and Steve Gaven to the newly created role of Chief Growth Officer. The two new C-suite leaders will each report directly to SageView CEO John Longley.

Key Points: 
  • Aquiline Capital Partners Principal Christina Walsh Named Chief Financial Officer; Seasoned RIA Strategy Leader Steve Gaven Appointed Chief Growth Officer
    NEWPORT BEACH, Calif., March 26, 2024 /PRNewswire/ -- SageView Advisory Group ("SageView"), one of the nation's leading independent RIA firms, today announced the buildout of its senior leadership team as part of the next stage of its growth strategy.
  • The leadership team enhancements include the appointment of Christina Walsh as Chief Financial Officer and Steve Gaven to the newly created role of Chief Growth Officer.
  • SageView has become one of the nation's top institutional retirement plan advisory firms, serving nearly 2,000 plan sponsors as the fiduciary partner of choice.
  • I look forward to working closely with John and the entire executive team as we build upon SageView's considerable success and growth to date."

TIFIN Announces the Spin-off of TIFIN AG, an AI Platform to help Wealth Enterprises Drive Net New Assets

Retrieved on: 
Tuesday, January 23, 2024
AI, Algorithm, Acquisition, Focus Financial Partners, Cryptocurrency

BOULDER, Colo. and NEW YORK, Jan. 23, 2024 /PRNewswire/ -- TIFIN, a leading AI and innovation platform for wealth, announces the spin-off of TIFIN AG and the appointment of industry veterans Rajini Kodialam and Brian Carlin as board members. Rajini is Founder and Co-CEO at E-3 Tech and the Co-Founder Emeritus of Focus Financial Partners while Brian was the former CEO of J.P. Morgan Private Capital and CEO of J.P. Morgan Wealth Management Solutions.

Key Points: 
  • TIFIN AG, formed within TIFIN and founded by Dr. Vinay Nair, employs state-of-the-art supervised trained algorithms to drive asset growth for wealth management firms.
  • In addition, the platform streamlines wealth data sources by collaborating with clients, enhancing the reliability and depth of information with TIFIN's data lake and 3rd-party vendors.
  • I am delighted to support Tifin AG as they help advisors amplify net new assets - a fundamental success metric for all wealth managers," said Rajini Kodialam.
  • "The adoption of LLMs and AI is set to structurally transform the wealth management industry in 2024 and beyond," said Brian Carlin.

DPL Financial Partners Surpasses $2B in Commission-Free Annuity Sales

Retrieved on: 
Monday, December 4, 2023
Consulting, Professional Services, Insurance, Finance, Diamond, Acceleration, Growth, Focus Financial Partners, DPL, RIA, Financial adviser

DPL Financial Partners, the leading platform for commission-free annuities, today announced that it has crossed $2 billion in sales of no-load annuity products.

Key Points: 
  • DPL Financial Partners, the leading platform for commission-free annuities, today announced that it has crossed $2 billion in sales of no-load annuity products.
  • “It took us three and a half years to reach $1 billion in sales, so doubling that in fourteen months is very rewarding,” said DPL Founder and CEO David Lau.
  • Lau noted that individual investors seeking value-driven retirement income solutions are finding their way to DPL, with year-over-year sales more than tripling from inbound consumer inquiries.
  • He said he expects the growth of the consumer channel to accelerate as DPL expands its services in response to the demands of this market.

Wealth Management Veteran Paul M. Simons Launches PUREfi Wealth, a Boston-based Independent Wealth Advisory Boutique

Retrieved on: 
Monday, December 4, 2023
Finance, Consulting, Professional Services, Asset Management, Fintech, Acquisition, Silicon Valley Bank, Private banking, Focus Financial Partners, Professional, Dynasty, Credit Suisse, Partnership, Merrill (company), RIA, Financial adviser, Management, Boston

Dynasty Financial Partners today announced a partnership with PUREfi Wealth, an independent RIA that became registered in October 2023.

Key Points: 
  • Dynasty Financial Partners today announced a partnership with PUREfi Wealth, an independent RIA that became registered in October 2023.
  • PUREfi Wealth is the newest wealth-management firm to leverage Dynasty Financial Partners’ platform of technology-driven wealth management tools and services.
  • “We are honored to welcome PUREfi to Dynasty’s community of independent firms,” said Shirl Penney, CEO of Dynasty Financial Partners.
  • “We see PUREfi building one of the industry’s most dynamic wealth management firms, and we value our partnership with them."

Arch, a Digital Admin for Private Investments, Closes $20 Million Series A Funding Round

Retrieved on: 
Thursday, November 9, 2023
Finance, Banking, Accounting, Professional Services, Fintech, Legislation, Carta, Fraud, Citibank, Engineering, Risk, Craft Ventures, Investment, Focus Financial Partners, Menlo Ventures, Vanilla, Cryptocurrency, Financial services, Altruism

Arch , a private investment management platform modernizing K-1 workflows, automating operations and simplifying reporting for financial professionals, today announced that it has raised $20 million in Series A funding.

Key Points: 
  • Arch , a private investment management platform modernizing K-1 workflows, automating operations and simplifying reporting for financial professionals, today announced that it has raised $20 million in Series A funding.
  • Arch's next-generation portal currently tracks tens of thousands of positions, encompassing more than $60 billion in investments across the universe of alternative asset classes.
  • As technology and legislation democratizes widespread access to alternative investments, Arch will continue innovating to serve the growing need for private investment management.
  • Having nearly tripled its headcount over the past year, Arch intends to strategically onboard top talent across its operations, partnerships and engineering divisions.

Jobs, Marriage, Kids: Major Life Events Make Younger Investors Seek Professional Financial Advice, According to New Dynasty Connect Survey

Retrieved on: 
Thursday, October 19, 2023
Banking, Accounting, Social Media, Professional Services, Family, Personal Finance, Fintech, Consumer, Asset Management, Communications, Finance, Consulting, Behavior, Generation Z, Woman, Focus Financial Partners, Ageing, Social media, Gen, Millennials, Partnership, Record, Life, Financial adviser

Dynasty Financial Partners today announced additional results of their Dynasty Connect survey of 1,000 high-net-worth participants.

Key Points: 
  • Dynasty Financial Partners today announced additional results of their Dynasty Connect survey of 1,000 high-net-worth participants.
  • Respondents aged 44 and under tend to wait for a specific life event before seeking financial advice, according to the survey.
  • "These findings have a clear message for financial advisors," said Andrew Marsh, Vice Chairman of Dynasty Financial Partners.
  • The Dynasty Connect survey also highlighted generational differences in using social media to source financial advice.

Lincoln Financial Group Names Tina Madon as Senior Vice President, Head of Investor Relations

Retrieved on: 
Tuesday, October 17, 2023
Professional Services, Finance, University of Chicago Booth School of Business, Corporate communication, Multimedia, Knowledge, NYSE, Madon, Business, LNC, Lehman Brothers, Lincoln National Corporation, Master of Business Administration, University, SVP, Mischler Financial Group, Focus Financial Partners, Mount Holyoke College, Business administration, Sculptor Capital Management, Merrill (company), Management

Lincoln Financial Group (NYSE: LNC) announced today that Tina Madon has been named senior vice president (SVP), Head of Investor Relations.

Key Points: 
  • Lincoln Financial Group (NYSE: LNC) announced today that Tina Madon has been named senior vice president (SVP), Head of Investor Relations.
  • She will report to Chris Neczypor, executive vice president, Chief Financial Officer and will become part of the company’s corporate leadership group, effective Oct. 25.
  • Earlier in her career, she served as managing director, Head of Public Markets Investor and Creditor Relations at Och-Ziff Capital Management Group, where she led successful investor and creditor relations programs and critical financial efforts.
  • Prior to that, Madon spent nearly a decade at Merrill Lynch, leading global corporate and finance efforts related to operational efficiencies and investor relations.