The fundraising round was led by GIC, Singapore’s sovereign wealth fund, to fuel product launches and executive hires, and values Altruist at $1.9 billion.
The minority investment in Fortage Capital kicks off what Elevation Point CEO Jim Dickson said should be an active remainder of the year with breakaway wirehouse teams and larger RIAs.
Tyler Brown has partnered with RFG Advisory to launch TurnPoint Wealth, while former Financial Reserve advisor Claudio Porter joins as a solo advisor under the RFG brand.
In addition, SFA’s Strategic Blueprint adds three advisors with $200 million in assets, and Dynasty’s DayMark brings on a team led by an ex-Morgan Stanley advisor.
Discover actionable strategies to help you shift from generic prospecting to meaningful engagement, improving conversion rates and client retention that can immediately differentiate yourself and grow your practice.
Did someone forward you this newsletter? Sign up here to receive it direct.
You are subscribed to this newsletter as newsletter@newslettercollector.com
To ensure uninterrupted delivery of this critical eNewsletter alert be sure to add WealthManagement.com and the reply address to your list of safe sender contacts.
