RFG Advisory has secured a substantial growth investment from Long Ridge Equity Partners.
The firm will continue to operate under its existing leadership team: Bobby White, founder and CEO; Shannon Spotswood, president; and Rick Wedell, CIO.
White founded RFG in 2003, with Spotswood and Wedell joining in 2015 and 2016, respectively.
“Our focus has always been equipping independent advisers with the tools and services they need to live their lives with agency and purpose,” Spotswood said. “We believe that the next decade will be transformative for our industry, and we are committed to providing an environment where independent advisers can innovate and thrive.”