Confluence Financial Partners announces strategic partnership with Constellation Wealth Capital by Released | Aug 28, 2026 Confluence Financial Partners, an independent wealth management firm with approximately $7.6 billion in assets under management and an additional $400 million in 401(k) plan assets as of August 18, 2026, has announced a new strategic partnership with Constellation Wealth Capital (CWC).
Bailard deepens private markets bench for ultra-high-net-worth clients with senior hire by Released | Aug 28, 2026 Bailard, Inc., an independent wealth and asset management firm, has announced that Simon Smundak, CFA, has joined the firm as senior vice president, private markets and solutions.
Northern Trust Wealth Management expands New York team by Released | Aug 28, 2026 Northern Trust Wealth Management has expanded its New York team, adding Gloria Fieldcamp as senior lead relationship manager and James Le Rose as senior relationship manager, reinforcing its commitment to one of its most important strategic growth markets.
Vanguard acquires Altruist, expanding reach and impact of financial advice by Released | Aug 28, 2026 Vanguard and Altruist, an artificial intelligence (AI)-forward wealth technology and custody platform serving financial advisers, announced that they have entered into a definitive agreement under which Vanguard will acquire Altruist.
Gov. JB Pritzker launches Illinois Opportunity Zones 2.0 to drive investment in communities statewide by Released | Aug 28, 2026 Gov. JB Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO) launched Illinois’ Opportunity Zones 2.0 — a statewide initiative to identify and nominate the next group of federally designated Opportunity Zones that will help attract private investment to communities across Illinois.
Citizens expands private wealth presence in Florida with Tampa-based advisory team by Released | Aug 27, 2026 Citizens Financial Group has added a Tampa-based advisory team to Citizens Private Wealth, deepening its presence in Florida. The team, led by Chris MacLellan and Katie Bickle serves high-net-worth and ultra-high-net-worth individuals, families and business owners.
Victory Capital to acquire First Eagle Investments, creating a $571b diversified global asset manager by Released | Aug 27, 2026 Victory Capital Holdings has announced that it has entered into a definitive agreement to acquire 100 percent of First Eagle Investments, an independent, privately held global asset manager with approximately $222 billion in assets under management (AUM) as of July 31, 2026, from Genstar Capital and First Eagle employees.
LeagueShares announces the first ETF issuer built solely for capturing sports performance by Released | Aug 27, 2026 LeagueShares has announced its formation as an exchange-traded fund issuer dedicated to a single asset class: sports performance.
StepStone Group closes its infrastructure secondaries fund, raising $1.7b across the fund and related separate accounts by Released | Aug 27, 2026 StepStone Group, a global private markets investment firm, has announced that it has closed on $1.7 billion of commitments for StepStone Secondaries Infrastructure Fund and related separate accounts.
Principal expands Featured Partner Program to support private market access in retirement plans by Released | Aug 27, 2026 Principal Financial Group has announced an expansion of the Principal Featured Partner Program to support private market strategies within retirement plans, helping plan sponsors and financial professionals pursue broader diversification and long-term retirement outcomes for participants.
Barings appoints Brian Maute as head of U.S. wealth by Released | Aug 26, 2026 Barings, an alternative investment manager, has announced that Brian Maute has joined the firm as head of U.S. wealth.
Mercer Global Advisors expands Ohio Valley presence with NorthAvenue Financial Advocates by Released | Aug 26, 2026 Mercer Global Advisors, a national registered investment adviser, has announced the acquisition of NorthAvenue Financial Advocates, a Columbus, Ohio-based wealth management firm with more than $220 million in assets under management (AUM).
Cresset expands to Boca Raton, Fla., welcomes $4b advisory team by Released | Aug 26, 2026 Cresset has announced that it is expanding to Boca Raton, Fla., with the addition of a 16-person advisory team led by Michael Bober and Ed Ventrice.
Prosperity names Jeff Lenhart president by Released | Aug 26, 2026 Prosperity, an EisnerAmper Company, has named Jeff Lenhart president.
Nasdaq Fund Secondaries, Harrison Street Asset Management and LODAS Markets collaborate to advance strategic liquidity for interval funds by Released | Aug 26, 2026 Nasdaq Fund Secondaries, LODAS Markets and Harrison Street Asset Management (HSAM) have announced a collaboration in the development of a managed transaction environment designed to provide incremental liquidity dynamics to interval-fund investors.
