- Financial advisors Jeff Flamm and Kevin Smith have joined the independent channel of Ameriprise Financial. The duo has joined Ameriprise’s Beyond Wealth Advisors, which is led by financial advisor Joshua Lake. Prior to joining Ameriprise, Flamm and Smith were previously affiliated with Key Investment Services, where they managed $140M in client assets. Beyond Wealth Advisors includes 11 financial advisors and 11 support staff who manage more than $1.1B in combined client assets. The practice is supported locally by Ameriprise franchise field VP Matthew Curtis and Ameriprise regional VP Trish Moll. Flamm and Smith joined Ameriprise because they were “seeking more ownership in their business.”
- Rory Shusted has been tapped as chief people officer at Perigon Wealth Management. In the newly created role, Shusted will focus on maintaining and enhancing the firm’s corporate responsibilities. Additionally, she will also partner with leadership to build programs to “enhance” engagement, performance, and scalable, long-term development across the firm. Shusted will be based at the firm’s Atlanta office and will report to CEO Arthur Ambarik. Prior to joining Perigon, she served as EVP of Global Talent at RGP, a professional services firm.
- Financial advisors Keith Loegering and Brian Montalbano have joined Prudential Advisors, the retail arm of Prudential Financial. Loegering has joined the Pacific Financial Group from RBC Wealth Management and will be opening an office in San Rafael, California. Montalbano, a former Synovus Securities advisor, has joined the Greater Florida Financial Group and will open an office in Port Charlotte, Florida. The two advisors bring over $300M in combined total client assets to Prudential.
- Graham Dorland has joined Pretium, a real estate investment firm, as a managing director in the business development unit. Dorland will be responsible for capital raising, as well as business and product development across Pretium’s platform. Prior to joining Pretium, Dorland was a senior principal in the business development division at Walton Street Capital.
- Trey Pope has joined LPL Financial’s broker-dealer and registered investment advisor platform. Pope was previously affiliated with Edward Jones, where he oversaw about $160M in advisory, brokerage, and retirement plan assets. Pope, who is based in Huntsville, Alabama, joined LPL for the scale, technology, and resources.
- Andrea Drasites has been named global head of Real Estate and Agricultural Finance of MetLife Investment Management. Drasites will lead the company’s commercial mortgage and equity real estate portfolio, as well as its agricultural investments portfolio. Drasites succeeds Robert Merck, who retired last year. She will assume her position on October 1 and will report to Brian Funk, president of MIM. Before joining MetLife, Drasites served as senior managing director of the real estate unit at Blackstone.
- Freedom Dumlao has been named chief AI officer at Vestmark. Dumlao will lead the development and deployment of AI capabilities across Vestmark’s platform. Additionally, Dumlao will guide Vestmark’s efforts to unify compliance oversight, optimization, and automation. Dumlao will continue in his role as CTO, while expanding his responsibilities to lead the firm’s AI strategy as a member of the executive leadership team.
- Financial advisor Tad Singer has rejoined Carson Wealth. Singer manages about $104M in total client assets and will be based in Carson’s headquarters in Omaha, Nebraska. Earlier in his career, Singer spent more than 16 years of his early career at Carson Group. Before rejoining Carson, Singer served as a senior wealth advisor at Feltz WealthPLAN.
- Brian Schwartz has been appointed to serve as CEO of H.I.G. Capital. Schwartz succeeds co-founder Sami Mnaymneh, who will transition to executive chairman alongside co-founder Tony Tamer. Additionally, Doug Berman, head of U.S. Private Equity, has been promoted to co-president, alongside current co-president, Rick Rosen. Berman will help drive the firm’s investment strategy and operational execution.
- InvestiFi has partnered with Freedom Bank to incorporate its digital solutions into the bank’s online banking platform. Through the partnership, Freedom Bank’s clients will be able to invest from their checking accounts and access financial education resources. Freedom Bank will also offer its clients access to a wide range of investment options, including stocks, ETFs, and cryptocurrencies. Freedom Bank served clients across the Washington, D.C. region.
- Naples, FL-based Evertern Wealth, a wealth management and family office firm, has launched. Evertern Wealth, founded by advisors Jason Stephens and Mic Lundon, previously oversaw approximately $2.4B in client assets at UBS Wealth Management. The firm provides financial planning, investment management, and wealth management-related services to ultra-high-net-worth clients, including founders, senior executives, entrepreneurs, retirees, and multi-generational families across Florida. Stephens and Lundon, who collectively bring more than four decades of industry experience, have chosen Goldman Sachs to serve as their custodian, and the firm is operated on the Dynasty Financial Partners platform.
- Betterment, a wealth and savings platform, has launched a Solo 401(k) offering for wealth management partners. The partnership allows for network partners, including HUB and Osaic Wealth, among other platforms, to offer Betterment’s digital Solo 401(k) solution to its advisors and clients.
- Advisor360°, a wealth tech platform, has expanded its collaboration with Palm Beach Gardens, FL-based GWN Securities, a broker-dealer and RIA platform. GWN has selected Parrot AI, an operating system and AI assistants, to “modernize” and strengthen the experience for financial advisors across its platform. GWN previously adopted Advisor360°’s platform to streamline advisor workflows and unify client data. Parrot AI supports client relationship building, meeting preparations, and crafting tailored post-meeting follow-ups while integrating the information into the Advisor360° platform.
- Bahl & Gaynor, a growth fund manager, has converted its mutual fund, the $1.7B Bahl & Gaynor Income Growth Mutual Fund, into its active ETF, dubbed the Bahl & Gaynor Income Growth ETF. The ETF is managed by Robert Groenke and Peter Kwiatkowski. Post-merger, BGIG manages over $2B in total assets.
- BetaNXT, a wealth management technology provider, has launched InsightX, its newest AI-powered enterprise platform, which is designed to deliver AI solutions. InsightX also delivers automation, analytics, and industry-related insights across enterprises. In addition to InsightX, BetaNXT has launched its AI Innovation Lab, which is powered by its OneNexus platform. The lab will focus on targeting annual workflows and “high-value” opportunities to boost intelligence, efficiency, and user experience across the wealth management industry.
- Richmond, VA-based RIA Cary Street Partners has acquired Palm Beach Gardens-based Pursuit Wealth Management, marking CSP’s third office in Florida. Pursuit was founded by Christian Searcy Jr., Melanie Martinez McDonald, and Vincent Cuomo. The team provides “personalized” financial planning, investment management, and wealth management-related services and solutions.
- Kansas City, MO-based Emerald Legacy Advisors has joined LPL Financial’s broker-dealer and registered investment advisor platform. The team joined LPL from Wells Fargo Advisors Financial Network, where they managed roughly $140M in advisory, brokerage, and retirement plan assets. Emerald Legacy serves a wide range of clients, including young professionals, women, business owners, and multigenerational families. Managing partners Jim McMurtry and Allie Konieczka lead the firm alongside McMurtry’s daughter, Michelle Reek. The firm rebranded to Emerald Legacy Advisors in January 2024. The Emerald Legacy team joined LPL Financial for its scale, independence, technology, investment solutions, and access to research capabilities.
- Osaic Wealth has added Orangeburg, SC-based C&N Wealth Management, from First Citizens Investor Services, where the firm oversaw about $162M in total client assets. The firm was founded by managing director and financial advisor Chris Lamb. C&N Wealth Management is affiliated with Osaic through Undefined Gridlines, an office of supervisory jurisdiction.
- Wealth Enhancement Group has acquired Ann Arbor, MI-based hybrid RIA Parros Financial Group. Parros Financial Group is led by founder Timothy Parros and manages over $118M in assets under management. Parros Financial Group, which joined Wealth Enhancement on March 31, provides investment management, financial planning, retirement strategies, and tax-efficient wealth solutions. The team also includes three advisors and one support staff member.
- ProCap Financial, an agentic finance firm, has acquired CFO Silvia, an AI-powered model and agent lab, specializing in finance. Through CFO Silvia’s consumer platform, investors can connect their assets, including stocks, bonds, cryptocurrency, real estate, vehicles, collectibles, precious metals, and private investments. The platform then deploys proprietary AI agents to “analyze and monitor” portfolios and perform scenario planning to deliver real-time financial-based feedback.
- King Street Capital Management, an investment management firm, and PIF have launched the Memorandum of Understanding $925B Public Investment Fund in Saudi Arabia. Under the MoU, PIF will act as the main investor in King Street’s fund. The fund will focus on providing private capital solutions to corporates and will offer asset-based lending in Saudi Arabia and MENA.
- L Squared Capital Partners, a private equity investment firm, has raised $2B in the final closing round for its fifth private equity fund, L Squared Capital Partners V. Fund V will continue L Squared’s investment strategy, targeting growth companies within core verticals across education technology, tech-enabled services and software, and industrial technology and services. Following the closing of Fund V, L Squared has raised nearly $5.3B in capital commitments.
The post People & Company News, Week of April 10, 2026 appeared first on Connect Money.
