- David Sabo has been named CTO of CV Advisors. Sabo will be responsible for leading the firm’s technology strategy and driving the integration of artificial intelligence across CV Advisors’ platform. Prior to joining CV Advisors, Sabo most recently served as CTO and head of product, and growth at Tienda Pago, where he scaled the engineering division to support the firm’s expansion in lending and payment solutions.
- Elizabeth Burton has been appointed as chief strategist at Fortress Investment Group. Burton will lead research and analysis on current market conditions and emerging opportunities and develop insightful and actionable content for existing and prospective investors. Burton, will be based in New York and will report to co-CEOs Drew McKnight and Jack Neumark. Prior to joining Fortress Investment Group, Burton served as managing director and investment strategist at Goldman Sachs Asset Management. Burton also serves on the board of directors of the Chartered Alternative Investment Association.
- Financial advisors Stephen Horvath, Brady Doe, and David Hermann have joined LPL Financial’s broker-dealer and RIA platform to launch Tucson, AZ-based Consilium Wealth. The trio, which was previously affiliated with Cambridge Investment and First Heartland Capital, respectively, managed $250M in advisory, brokerage and retirement plan assets. Consilium Wealth provides “comprehensive” financial planning-related services and chose LPL for its scale, resources and “advisor-focused” platform.
- Peter Moores has been named CEO of Raymond James Limited. Since joining Raymond James in 2004, Moores has held multiple roles including CEO and Country Manager in the U.K. During the transition period Paul Allison will remain CEO. Once finalized, Moores will report to executive chair of Raymond James Financial Paul Reilly.
- Alyssa Quinlan has been appointed as head of advisor relationships and strategic partnerships at Northern Trust Wealth Management. Quinlan will lead the firm’s relationships with professional advisors, including law and accounting firms, business advisory, and investment consultants. She will report to global head of client development David Albright. Before joining Northern Trust Wealth Management, she recently served as CEO of Freeman’s Auctions & Appraisals. Quinlan also held roles at JP Morgan Chase, BMO Private Bank,and Smith Barney/Citigroup Asset Management.
- Mike Mitchell has been tapped as CFO of Houston-based Americana Partners. Mitchell will oversee the firm’s financial strategy and provide leadership across its financial operations and will be responsible for ensuring financial management across the organization. Prior to joining Americana Partners, Mitchell served as CFO at Merit Financial Advisors in Alpharetta, Georgia.
- Eric Smith has been named an operating partner of New York-based Behrman Capital, a private equity investment firm. Smith will advise the Behrman investment team and Behrman’s portfolio company executives on management and operational matters. Smith previously worked with Behrman in his position as the CEO of BECO Holding Company.
- Luke Schlafly has been named as global head of insurance within alternative asset manager ICG’s client solutions group unit. Schlafly will report to global head of CSG Alan Isenberg. Schlafly, who brings more than 10 years of experience in industry experience to ICG, previously served as managing director and global head of insurance investment solutions at PineBridge Investments.
- Christy Hutchison has launched Trusted Edge Advisory to provide alternative investment sponsors with guidance for navigating broker-dealer and registered investment adviser platform distribution. Prior to launching Trusted Edge Advisory, Hutchison held roles at Shopoff Realty Investments, and most recently served as SVP of national accounts. She currently serves on the board of ADISA.
- Becknell Industrial has made several executive leadership appointments. Mark Shapland will depart from the role of CEO and has appointed current CFO Clay Thelen to serve as CEO. Becknell’s co-founder Dan Harrington will maintain his role as executive chairman of the company’s board of directors. Becknell has also made additional leadership appointments, Peter Shaplin has been appointed CIO, now leading the business development and leasing unit. Craig Kouri, the firm’s president of design and construction, has been appointed president and COO. Paige Steers has joined as CMO.
- Arthur J. Gallagher & Co., an insurance brokerage, risk management and consulting services firm, has acquired Australia-based Asset Partners Private Wealth. Asset Partners Private Wealth is a financial planning firm serving a client base of retirees, professional executives and small business owners. David Just and Josh Pope and their team will remain in their current location in Robina, Queensland, under the direction of Graham Campbell, head of Gallagher’s employee benefits and HR consulting operations in Australia and New Zealand.
- InvestiFi has partnered with Palmetto Bay, FL-based Sunstate Bank, to incorporate its investing platform directly into the bank’s online banking experience, allowing customers to buy and manage investments. Through the partnership, InvestiFi’s AI solution, Guided Investing, will deliver Sunstate’s account holders “tailored” portfolio management and account holders will gain access to self-directed stocks and ETFs, as well as cryptocurrency. Sunstate Bank, founded in 1999, serves South Florida through branches in Coral Gables and West Miami and serves families, businesses and international clients, including customers in Brazil.
- Devon Self Storage, a member of The Inland Real Estate Group of Companies, has assumed property management for a self-storage facility in Cedar Rapids, Iowa. The facility is situated along Edgewood Road SW, opened in 2017, and is a heavily traveled corridor surrounded by established retail and commercial destinations. Devon currently manages 210 properties with a footprint in 32 states across the country.
- TransFi, an payments infrastructure provider, has raised $19.2M in its closing for its latest funding round. The round is led by Turing Financial Group, comprising $14.2M in Series A equity and $5M committed liquidity facility. The funding will go towards TransFi’s modernization of cross-border payments, and the Series A funding will be deployed to accelerate expansion across emerging markets in Southeast Asia, South Asia, Middle East, Latin America and Africa.
- Breakout Ventures, a venture capital firm, has raised $114M in the closing round for its third fund. Fund III will be used to continue supporting scientific founders through partnerships. Also, the new fund received support from returning investors Cortes Capital, S-Cubed Capital, The Kraft Group, Pinegrove Venture Partners, and an affiliate of LH Capital, and received support from new limited partners including JIMCO, and Korea Omega Investment Corporation.
- San Francisco-based Halcyon, an AI-powered energy platform, has raised $21M in the closing round for its Series A funding. The round was led by Energize Capital, with participation from Zero Infinity Partners, Congruent Ventures, Obvious Ventures, and Sabanci Climate Ventures. Halcyon will use the funding to expand its software capabilities, boost its proprietary energy data infrastructure, and scale its platform.
- Gradient, a venture capital firm, has raised $220M for its fifth seed fund. The fund which focuses on AI infrastructure and applications. Gradient Ventures, which was founded in 2017, now manages nearly $1.2B in assets across five discrete funds.
- Turquoise Health, a healthcare pricing and payment platform, has raised $40M in the closing round for its Series C funding. The funding round was led by Oak HC/FT, with participation from existing investors Andreessen Horowitz, Adams Street Partners, and Yosemite. Turquoise Health plans to use the funding to expand its platform capabilities across the industry.
The post People & Company News, Week of March 20, 2026 appeared first on Connect Money.
