# Rise Growth Partners Rise Growth Partners is a Private Equity based in Austin, United States. ## Overview - **Organization type:** Private Equity - **Headquarters:** Austin, United States - **Region:** North America - **Address:** 111 Congress Avenue, Suite 500, Austin, TX 78701, United States - **Founded:** 2023 - **Assets under management:** Undisclosed - **Website:** risegrowth.com - **LinkedIn:** https://www.linkedin.com/company/risegrowthpartners ## Regulatory record - **Reports private funds:** No ## About Rise Growth Partners invests in successful wealth management firms to help make them even better. The firm provides capital plus hands-on resources for organic and inorganic growth, operations, and industry navigation. It is backed by Charlesbank Capital Partners, and the Rise team invests personally alongside them so incentives are aligned with partner firms. Rise positions itself as a growth partner for RIAs seeking to build a legacy while retaining independence and culture. ## Sectors - Wealth Management - Private Equity ## People - Joe Duran — Managing Partner, Chief Investment Officer - Terri Kallsen — Managing Partner, Head of Partnerships - Brian Shenson — Partner, Chief Operating Officer - Tony Ling — Managing Partner, Investments and Business Development - Jennifer Geoghegan — Chief Marketing Officer ## Questions ### Who makes investment decisions at Rise Growth Partners? Joe Duran, as Managing Partner and CIO, leads the investment team and sets the firm's deal strategy. He is supported by Tony Ling, Managing Partner of Investments and Business Development, and a dedicated M&A group that includes Partners Mike Mirshahzadeh and Phil Jacobson. Investment committee composition is not publicly detailed, though Duran's public interviews suggest consensus-based decisions with Charlesbank's oversight on material capital deployments. ### How does Rise Growth Partners source its RIA investments? Rise sources primarily through the networks of its operating partners — many are former RIA founders and C-suite executives with deep relationships across the wealth management industry. The firm also runs an outbound business development team led by Phil Jacobson and produces content (podcasts, articles, events) that acts as top-of-funnel lead generation for RIA principals. Unlike bank-affiliated platforms that rely on intermediary referrals, Rise leans heavily on direct, relationship-driven origination. ### Is Rise Growth Partners a consolidator or a minority investor? Rise takes minority stakes — not controlling acquisitions — which distinguishes its model from full consolidators. The firm does not absorb RIAs into a single brand or platform; instead, portfolio firms retain independence while accessing Rise's operational resources, M&A capabilities, and growth playbook. This makes Rise more comparable to minority-growth investors like Emigrant Partners or Merchant Investment Management than to aggregators like Hightower or Focus Financial. ### Does Rise Growth Partners invest in funds or only direct deals? Rise deploys capital exclusively through direct minority investments in RIAs. The firm is not structured as a fund-of-funds and does not commit capital to third-party private equity funds. Its partnership with Charlesbank Capital Partners supplies institutional equity for platform investments, with Rise's management team co-investing alongside on a deal-by-deal basis. ### What is Charlesbank Capital Partners' role in Rise Growth Partners? Charlesbank is the institutional financial backer behind Rise, providing the bulk of the equity capital used for RIA investments. The relationship is structured so Charlesbank supplies the institutional balance sheet while Rise's operating partners source deals, lead due diligence, and drive post-investment value creation — a hybrid model that blends sponsor capital with embedded operational expertise. ### Where does Joe Duran's wealth originate? Joe Duran's personal wealth stems from the 2019 sale of United Capital Financial Advisers, the RIA consolidator he founded and led, to Goldman Sachs for approximately $750 million in cash. The exit gave Duran significant liquidity and industry credibility, which he then redeployed, alongside Charlesbank's institutional capital, to launch Rise Growth Partners as a next-generation RIA investment platform. ## Related profiles - [Rise Capital](https://altss.com/profile/rise-capital) - [Risen Energy](https://altss.com/profile/risen-energy) --- Last updated: 2026-08-11T15:07:57.118Z Canonical page: https://altss.com/profile/rise-growth-partners Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology