Rise Growth Partners
Strategic financial partner for RIAs
Year of Investment
2024
Sector(s)
Business & Consumer Services
Status
Current
Website
risegrowth.com/(Link opens in new window)Headquarters
Austin, Texas
Team
Rise Growth Partners is a synergistic partner for growth-oriented registered investment advisors (RIAs). Rise aims to acquire meaningful minority stakes in a select group of RIAs and provide strategic support, hands-on operational guidance, recruiting assistance and acquisition expertise to enable those partner RIAs to accelerate growth and efficiently scale into next-generation wealth management platforms. Rise is led by a team of seasoned industry executives and operators with extensive wealth management and growth company experience.
Investment Summary
Charlesbank partnered with the management team, led by United Capital founder Joe Duran, to establish Rise in early 2024, attracted by the depth and experience of the team and their unique approach to the wealth management market. Rise has developed a compelling pipeline of growth-oriented RIAs, aided by Charlesbank’s own thematic work in the sector.