- Sneha Shah has been appointed as chief AI strategist, Michael Tryniszewski as head of AI Orchestration, and William Coffey as chief data officer at SEI. Shah will lead SEI’s enterprise AI strategy and will also accelerate growth across the client experience, agentic workflows, AI and data services. Tryniszewski will lead AI initiatives across product, technology, operations, risk, compliance, and business units. Coffey will also lead SEI’s enterprise data strategy.
- Alex Watts has joined NewEdge Wealth as a principal. Watts will help support his clients in managing transactions, credit, recapitalization, and portfolio structure. Prior to joining NewEdge Wealth, Watts previously served as assistant VP at Merrill Lynch Private Wealth. He also held roles at GenSpring Family Office and JP Morgan Private Bank.
- Milind Mehere has been tapped as CEO Advisor360°, succeeding Mike Fanning, who will remain engaged as a strategic advisor. Mehere co-founded Yodle, an ad-technology platform, and scaled it to more than $200M in revenue prior to its acquisition by Web.com in 2016, which was valued at $342M. Most recently, Mehere founded AutonomyFinance.ai, an AI-native platform.
- Gustav Segerberg has been appointed as CFO of EQT AB and will succeed Kim Henriksson. Segerberg will assume his position on July 18. He has most recently served as head of the CEO Office and has been a member of the Executive Committee since 2022. Henriksson will remain as a senior advisor and will focus on providing support to EQT portfolio companies, including IPO preparations and public company governance.
- Joshua Wright has joined RBC Wealth Management as a financial advisor and SVP of Investments in its New England Complex, where he will lead the firm’s Bedford and Peterborough branches in New Hampshire. Additionally, Mary Cronin has joined Wright as a senior registered client associate. Prior to joining RBC, Wright served as a branch manager at Wells Fargo Advisors, where he oversaw about $200M in total client assets.
- Annamaria Vitelli has been named EVP and chief wealth officer of Provident Bank and president of Beacon Trust. Vitelli will lead the growth of Provident Bank’s wealth management business, including investment management, trust, and fiduciary services. Additionally, she will partner across business lines to advance the sales model and focus on expanding and retaining Beacon Trust’s customer base and developing wealth management products and services. Vitelli will report to Anthony Labozzetta, CEO and president of Provident Bank, and will serve as a member of the bank’s Executive Leadership team. Vitelli joined Beacon Trust last September as EVP and chief growth officer. Prior to joining Beacon Trust, Vitelli served as EVP and head of Hawthorn at PNC Private Bank.
- Financial advisor Russell Austin recently joined Ameriprise Financial, with his practice Spartanburg, SC-based Freedom Ridge Private Wealth. Austin was previously affiliated with Edward Jones, where he managed more than $120M in total client assets. Freedom Ridge Private Wealth provides wealth management services, including financial planning, to high-net-worth clients. Freedom Ridge Private Wealth also includes client relationship manager Pamela Jones. The practice is supported locally by Ameriprise franchise field VP Kevin Sevlie and Ameriprise regional VP Mike Barker.
- Father-and-son duo Matthew Sanchez and Carlos Sanchez have joined TritonPoint Partners. The pair specializes in business-owner and divorce-related financial planning. The team works with business owners, families, and individuals facing pivotal planning decisions, from business succession and liquidity events to divorce and other significant life changes. The duo has offices in Huntington Beach, California, and Indianapolis. TritonPoint Partners is powered by Dynasty Financial Partners.
- Brent Mayo and Nicholas Beatty have been appointed as managing director of Investment Management and operating partner of DigitalBridge Group, respectively. Mayo will be responsible for deepening the firm’s capabilities across data center investments and capital markets, while Beatty will support the firm’s electrification initiatives with an emphasis on transport infrastructure. Prior to joining DigitalBridge, Mayo served as head of Data Centers at Newmark, where he led the firm’s data center capital markets practice. Beatty joins DigitalBridge from Zenobē Energy, an EV fleet and grid-scale battery storage company. Beatty served as the director and founder and retired in October 2024.
- Financial advisors David Cushard and Wesley E. Mullins have joined Cetera Financial Group, along with their practice, Honeycomb Wealth Advisors. The duo was previously affiliated with Commonwealth Financial Network, where they oversaw about $190M in total client assets. Honeycomb Wealth Advisors has offices in Jackson, Michigan, and Tallahassee, Florida, and includes advisors Jeff Sirola and Justin Pruitt. Cushard and Mullins, who bring over 65 years of combined industry experience,transitioned from Commonwealth, following its acquisition by LPL Financial.
- Genesis Wealth, a wealth management platform and non-OSJ branch office within LPL Financial, has surpassed more than $3B in assets under management. The firm initially began as a division within Professional Wealth Advisors and launched its supported independence initiative in January 2021. Genesis Wealth operates through LPL Financial as its broker-dealer and registered investment adviser platform. Founded in January 2024, GW officially launched under the Genesis Wealth brand last July.
- Cross River Bank, a technology infrastructure provider, has partnered with Figure Technology Solutions, a blockchain-native capital marketplace. Through the agreement, Cross River’s Principal Finance Group has committed to purchasing up to $250M in assets to support Figure’s Crypto-Backed Loans. Through Figure’s product, borrowers can leverage their digital assets as collateral to access financing while maintaining ownership of their digital assets.
- FINNY, an AI-powered marketing platform, has launched FINNY for Enterprise Teams, a new growth platform aimed at centralized marketing and business development teams at large wealth management firms. Mercer Global Advisors served as the flagship enterprise user.
- Alliant Insurance Services has launched Retirement & Wealth at Alliant, a new line of business that will address the convergence of retirement consulting and wealth management by connecting institutional retirement plan relationships with individual wealth advisory services through affiliated entities. RWA will be led by EVP and managing director Amit Dogra.
- WealthReach, an AI-powered growth platform, has raised $1M in seed funding. The round was led by Cecure Corporation. In addition to the fundraise, WealthReach has formed an advisory board. The advisory board includes Joanne Bradford, president of Unwell, Kelly Waltrich, founder and CEO of Intention.ly, Nyle Bayer, CEO of Up Capital Management, Andrew Saksa, VP of Strategic Channels at Essential Engine, Adam Swerdlow, Founder and CEO of Alpine Consulting and COO of WealthReach and Jason Lahita, Founding Partner of StreetCred PR.
- Factory Holdings has launched Factory Capital, its wealth management division. The Los Angeles-based RIA provides wealth management, family-office services, financial planning, and access to public and private investment opportunities through networks in philanthropy, finance, sports, and media. Factory Capital has chosen Fidelity Investments as its custodian and leverages services from Dynasty Financial Partners. The RIA is led by Travis Henry.
- Groundfloor, a private markets platform, has launched its SMB Growth Fund, marking the debut of its new SMB Finance vertical. Through the SMB Growth Fund, investors and qualified purchasers gain access to small business finance opportunities. The offering window closes on July 10. The SMB Growth Fund is part of Groundfloor’s strategy to expand access to private market investments, including real estate-backed lending, fixed income, and emerging alternative strategies. The offering provides investors access to the Neighborhood Network Expansion Fund from Homegrown, Groundfloor’s partner. The capital will be deployed into multi-unit brick-and-mortar operators.
- Aprio, an advisory and accounting firm, has acquired Dedham, MA-based Waldron H. Rand & Company. Waldron Rand was founded in 1912 and serves high-net-worth individuals, including real estate investors, and nonprofit organizations. The firm provides wealth planning, food manufacturing and distribution, and renewable energy. The acquisition also includes Rand & Sweet, a client accounting services practice co-founded by Mike Sweet, that delivers technology-enabled accounting and advisory support to owner-managed businesses.
- Moomoo Financial, an investment and trading platform, has partnered with Kalshi, the prediction market, to launch regulated event contracts. The new offering enables eligible users to buy and sell event contracts tied to Federal Reserve decisions, inflation data releases, elections, and major global sporting events. Event contracts are exchange-listed derivatives that allow participants to take positions on the outcome of specific events. Contract prices range from $0.01 to $1.00, and the contracts are fully integrated directly into moomoo’s trading platform.
- Washington-based Helion, a fusion energy company, has raised $465M for its Series G funding. The capital will go towards accelerating commercial deployment of fusion, scaling manufacturing capacity, and expanding the company’s ability to deliver clean electricity to customers. The raise was led by Thrive Capital, with participation from new investors, including Alta Park Capital, Anti Fund, BoxGroup, Lux Capital, Peak XV Partners, and Ford Motor Company Executive Chairman Bill Ford, plus existing investors, including Capricorn Technology Impact Funds, Lightspeed Venture Partners, Mithril Capital, Dustin Moskovitz through Good Ventures Foundation, and SoftBank Vision Fund 2. This latest round of funding brings the total valuation to $1.5B and values the company at $15.5B.
- EDGE Markets, a financial products provider, has raised $29.2M for its Series A funding round. The round was led by CoinFund, alongside Indicator Ventures, Mantis VC, Stepstone Group, and Bullpen Capital. The capital will also go towards launching EDGE Connect. The platform aims to replace “traditional” consumer rails with a network that will deliver lower transaction costs for operators by only charging a fee on Net New Deposits over a 24-48 hour period. Additionally, EDGE Markets will be expanding its offerings to roll out EDGE Pro.
- Estancia Capital Management, a private equity firm, has raised $367M for Estancia Capital Partners Fund III, and its affiliated investment vehicles. The fund will go towards focusing on lower-middle-market companies that provide solutions to the financial sector, partnering with founder- and operator-led businesses through management buyouts from larger financial firms, private ownership, succession transitions, and growth initiatives. Following the closing, Estancia’s regulatory assets under management are roughly $965M.
- Manufactured Housing Properties, a manufactured housing community operator, has launched its Series G preferred stock offering that seeks to raise $100M in equity. A minimum investment of $25,000 is required from participating accredited investors. Manufactured Housing Properties intends to use the capital proceeds for the acquisition, development, and capital improvement of manufactured housing and recreational vehicle communities.
The post People & Company News, Week of June 12, 2026 appeared first on Connect Money.
