June 2025 RIA Heat-Map: 10 U.S. Moves Every Capital-Raiser Should Track

June 2025 RIA Heat-Map: 10 U.S. Moves Every Capital-Raiser Should Track

Why June 2025 matters

More than $25 billion in client assets changed hands inside the independent-advisor channel last month. Each move rewires who controls cheque-writing for private-equity, private-credit and real-asset strategies. Quarterly or monthly round-ups appear after the money has moved; Altss surfaces shifts the same day, pairing fresh regulatory filings with public-domain intelligence so fund-raisers know where appetite ignites first—without revealing any proprietary data-gathering technique.

How this heat-map was built

We tracked every U.S. RIA launch, acquisition, breakaway, custodial shift and private-equity stake announced 1 – 30 June 2025. Each event was weighed for net-new AUM, stated alternative-investment focus and immediacy of fundraising impact (e.g., custody moves or growth-capital injections). Only publicly available sources were used; Altss’s real-time OSINT pipeline stays under the hood.

The 10 moves reshaping alt-allocation flows

1. Elevation Point backs Family Office Partners — $2.5 B AUM

A UBS private-wealth trio launched this Lafayette, LA multi-family office on 20 June and immediately sold a minority stake to Elevation Point. Custody is split between Goldman Sachs and Pershing.
Why it matters: A brand-new UHNW pool just entered open architecture—prime ground for bespoke co-investments.

2. Mercer Advisors acquires Full Sail Capital — $2 B AUM

Mercer’s third-largest deal pushes its Texas–Oklahoma footprint past $7 billion.
Allocator takeaway: Mercer’s research desk now steers a family-office-style practice already leaning into private-credit and continuation funds.

3. Apollon Wealth adds Chornyak & Associates — $1.7 B AUM

Fourteen Columbus-based advisers left Janney on 23 June; assets will sit on Goldman Sachs Custody Solutions.
Edge: Goldman rails shorten the path to feeder funds, hedge strategies and interval-fund distribution.

4. Anchyra Partners launches in Atlanta — $2.6 B AUM

Former Goldman and Stephens advisers set up an acquisitive RIA and vow to buy firms “with private-investment access.” advisorhub.com
Action: Track their target list now—every tuck-in doubles alt-allocation capacity.

5. Schwab debuts Advisor ProDirect

Launching in July at $5,250 per quarter, ProDirect packages tech, compliance and curated products for breakaway teams in the $50–300 million band.
Why it matters: Custodian-engineered independence will mint the next wave of billion-dollar RIAs—forge relationships before vanilla model portfolios crowd you out.

6. Edelman Financial Engines hires Michael Liersch as Chief Planning Officer

The $287 billion mega-RIA elevated goal-based advice on 24 June, adding Wells Fargo’s former planning chief.
Implication: Personalised planning turbo-charges demand for income-oriented private credit and impact-aligned PE.

7. Hightower Advisors installs Goldman alum Larry Restieri as CEO

Leadership baton passed on 2 June at the $160 billion-plus aggregator.
Allocator lens: One product approval in Chicago can open—or shut—doors to 140 advisory teams.

8. Mariner Wealth buys Taurus Asset Management — $1.4 B AUA

NYC boutique renowned for pro-athlete clients joined Mariner on 3 June.
Edge: Athlete liquidity events favour private credit, opportunistic real estate and venture—channels Mariner now owns.

9. Great Hill Partners takes minority stake in Mission Wealth — $10.7 B AUM

Private-equity capital will fund tech upgrades and national roll-ups.
Why it matters: PE-backed RIAs demand institutional-grade diligence—and can allocate at scale once approved.

10. Mercer Advisors acquires O’Brien Wealth Partners — $1.1 B AUM

Women-led, ESG-focused Boston firm signed on 30 June, bolstering Mercer’s New England hub.
Allocator takeaway: Renewable-infrastructure and impact-VC sleeves dovetail with O’Brien’s sustainable mandate.

Meta-trend: VCs are spinning up RIAs

Altss is monitoring a steady rise in venture-capital-backed advisers. Cambridge-based Catalytic Wealth—seeded by General Catalyst—now manages roughly $1 billion for tech founders, while Thrive Capital’s $72 million check into Savvy Wealth powers an AI-driven roll-up of advisory firms. The line between VC, PE and wealth management is blurring fast, and distribution channels are following suit.

Three plays for capital-raisers

Intercept breakaways early. Family Office Partners, Chornyak and Anchyra left legacy platforms for broader private-market menus. First-90-day outreach beats custodial default models.

Match PE-level rigor. Mission Wealth and Full Sail now answer to outside capital with institutional reporting standards. Bring audited track records, robust ESG screens and co-investment flexibility.

Align with custodian agendas. Schwab ProDirect, Goldman’s RIA custody and Pershing X privilege data-ready products. Ensure clean fund feeds (NAV, tax lots, K-1 timelines) and frame your story around each platform’s growth or income narrative.

Why Altss users saw it first

Altss fuses live regulatory filings with public-domain intelligence—press drops, leadership moves, event agendas—to surface actionable signals hours after they break. No secret sauce disclosed; just the insight edge you need.

Quick-hit FAQ

Largest disclosed RIA acquisitions in June 2025? Mercer–Full Sail ($2 B) and Mariner–Taurus ($1.4 B).

June launches to prioritise? Anchyra Partners ($2.6 B) and Family Office Partners ($2.5 B) opened with explicit alternative-investment mandates.

Why is Altss different? Real-time AUM deltas, OSINT-validated growth signals and, by Q4 2025, a relationship graph revealing warm-intro paths across LPs, GPs and advisers—no monthly lag, no stale data.

Call to action

Information is edge. Book a demo to watch tomorrow’s breakaways and billion-dollar RIA deals surface in Altss—hours before static round-ups catch up.

Listing names is table-stakes; tracking velocity is durable alpha. Altss delivers that alpha—without revealing your playbook.