WM Morning Memo
 
Wealth Management Daily Memo

APRIL 30, 2025

RIA NEWS

Procyon Readies New Deals Post-Constellation Minority Stake

According to co-founder Phil Fiore, the Dynasty-backed firm will make four to six transactions per year, and is looking at the space between the Mississippi River and the East Coast; but the deals “have to be the right ones.”

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RIA Edge Podcast: The Power of Specialization with Andrew Leonard

A knowledgeable focus on a narrow client niche with specific needs has fueled Geometric Wealth’s rapid growth and capacity challenges.

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INDUSTRY NEWS

Deals & Moves: Modern Wealth Expands Into Chicago; EP Wealth Adds California RIA

In addition, Kestra snags an ex-Raymond James advisor and $5 billion RIA Sowell hires investment and M&A leaders.

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WEALTHTECH

Tech Consultancy F2 Strategy to Acquire MD Solutions

F2 Strategy will offer wealthtech implementations after acquiring MD Solutions.

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