Rise Growth Partners Announces First Strategic Investment in Bleakley Financial Group to Propel National Expansion

Partnership to provide Bleakley with resources and capital for geographic expansion, enhanced Growth and operational excellence

AUSTIN, TX — August 20, 2024 – Rise Growth Partners (‘Rise’), the wealth management industry’s first synergistic financial partner for growth-oriented registered investment advisors (RIAs), announces its inaugural strategic minority investment in Bleakley Financial Group (‘Bleakley’). Bleakley is a distinguished wealth advisory and financial planning firm with over three decades of history, whose advisors currently service nearly $10 billion in advisory assets as of 6.30.24. This partnership will empower Bleakley with essential resources and capital to attract growth-focused firms, advisor teams and individual advisors, enhancing its long track record of continuous growth and client-centric operations.

“As a firm built by advisors for advisors, our focus has always been on growth. We take pride in consistently delivering high-caliber planning and investment strategies to our clients,” says Andy Schwartz, CFP®, principal at Bleakley. "For a long time, we have considered bringing on a partner to accelerate our evolution into a nationally recognized firm. In Rise, we found a strategic partner with not only capital but also the expertise to expand a national firm that attracts top-tier growth-oriented advisors.”

“From the inception of Rise and with each new addition to our team, our focus has never been solely on deal-making, but on making a meaningful impact,” says Joe Duran, managing partner of Rise. “Our team is committed to serving our partner firms, which we are meticulous in selecting. Bleakley exemplifies all the essential pillars we seek in firms that we will partner with to build a lighthouse brand in the industry. For one, their experienced and aligned management team has fostered a client-centric culture. In addition, they have developed a platform that empowers advisors to practice at the top of their license and focus on delighting clients. Last but by no means least, Bleakley’s consistent growth, achieved through organic and inorganic strategies, is a testament to the team’s capabilities. Rise looks forward to accelerating and supporting that growth.”

Earlier this year, Rise announced a $250 million investment commitment from Charlesbank Capital Partners (’Charlesbank’), supporting its efforts to invest in select RIAs nationwide. Rise is actively deploying this capital and plans to continue investing in select firms that align with its strategic goals and vision.

For more information on Rise and its innovative approach to building the next generation of RIAs, visit risegrowth.com. To learn more about Bleakley and its professional team of advisors, visit bleakley.com.