The Horizon Group, a team of five advisors and four branch professionals, joins Pinnacle Asset Management, an affiliated bank branch, from Truist.
Apollo’s products for individual investors are distributed through intermediaries such as bank wealth channels and registered investment advisers, and the firm doesn’t expect that to change.
The latest fundraising marks the fifth iteration of the firm’s Loan Partners fund, a series that got off the ground in 2008.
Iqbal Khan, who previously had sole charge of the key wealth unit, will now also become president of the Asia Pacific region.
Salomon & Ludwin has filed a lawsuit against former employees who launched Founders Grove Wealth Partners, claiming they breached employment contracts and stole trade secrets.
“We see the broad RIA community as a very attractive client base for Goldman Sachs,” according to President and COO John E. Waldron.
Portsmouth Financial Services will continue to do business under its original name, with Chairman Ray Lent and CEO Echo Chien also remaining onboard.
Mike Dolberg describes how he and the team at Apollon recognized the value of culture, partnership, and the freedom to serve clients—and how that realization ultimately drove their growth from $120 million in assets to $7.5 billion.
