Various asset supervisor Constellation Wealth Capital (CWC) has agreed to take a minority stake in Advantage Monetary Advisors, an Atlanta-based RIA.
Monetary particulars of the deal weren’t revealed.
The deal is slated for completion within the third quarter of 2025, with Advantage retaining its current title and management with out operational adjustments.
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Concurrently, Wealth Companions Capital Group (WPCG), which has held a minority stake in Advantage since 2019, together with a bunch of traders led by HGGC’s Aspire Holdings platform, will exit their possession positions.
With $19.94bn in belongings beneath advisement, together with $14.06bn in advisory, $2.6bn in brokerage, and $3.28bn in retirement plan and ESOP belongings, Advantage goals to leverage this partnership to boost its enlargement efforts.
This funding aligns with Advantage’s targets to scale its advisor platform and broaden its nationwide presence.
Advantage stated that the alliance with CWC will assist it improve its advisor platform, enhance consumer companies, and spend money on superior expertise whereas sustaining its advisor and employee-owned construction.
Advantage CEO Rick Kent stated: “From the time we met with them, we knew CWC was the precise companion to assist take Advantage into its subsequent section of progress.
“Their deep expertise within the wealth administration area, alignment with our tradition, and long-term mindset made this a great match.”
In 2025 alone, Advantage has accomplished eight acquisitions, bringing its whole to 40 workplaces throughout the US and a workforce of greater than 300.
Ardea Companions, supported by William Blair, was the lead monetary advisor to Advantage, whereas Goldman Sachs was monetary advisor to CWC.
Holland & Knight and Kirkland & Ellis supplied authorized counsel to Advantage, whereas Gibson, Dunn & Crutcher offered authorized recommendation to CWC.
Final month, Advantage acquired RCM Investments, marking its first workplace in Utah.
This acquisition added $281m in belongings to Advantage’s portfolio.
“Constellation Wealth Capital to select minority stake in Advantage Monetary” was initially created and revealed by Personal Banker Worldwide, a GlobalData owned model.
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