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Tactive
Tactive launched in 2020 as a tech-forward registered investment advisor built on a roll-up thesis. The firm was incubated and backed by HGGC, the...
Tactive
Tactive launched in 2020 as a tech-forward registered investment advisor built on a roll-up thesis. The firm was incubated and backed by HGGC, the middle-market private equity firm co-founded by Steve Young, partnering with experienced operator Dave L. Chowanec to execute an acquisition-driven growth strategy. Tactive targets independent RIAs and advisory teams with established books of business, folding them into a shared technology stack and centralized operations hub. The firm pursues what it calls an 'acquire and build' strategy across multiple asset classes, emphasizing retirement plan advisory, wealth management for high-net-worth individuals, and investment management for trusts and small institutions. Tactive's structure blends direct advisory services with strategic M&A — acquiring practices that bring existing client relationships and AUM, then layering on proprietary planning tools. The geographic footprint covers the Southeast and Southern California, anchored by hubs in Jacksonville, Florida, and Carlsbad, California. Tactive has disclosed no headcount or total AUM publicly. The firm operates as an HGGC Aspire Holdings portfolio company, an entity designed to consolidate wealth management and retirement-plan advisory businesses. In June 2024, Tactive named Michael Kimball, formerly of Goldman Sachs Personal Financial Management, as Head of Corporate Development to drive its next phase of practice acquisitions (per Citywire RIA, June 2024). HGGC's Aspire Holdings platform provides Tactive with a distinct structural alignment. Unlike independent RIAs scaling organically, Tactive uses committed institutional capital to acquire and integrate advisory firms, creating a hybrid that operates with the branding of a tech-forward wealth manager but the inorganic growth engine of a financial-services consolidator. The governance structure places Chowanec as CEO while HGGC principals Steven Leist and Les Brown hold board seats, embedding operational oversight from the firm's private equity sponsor.
General information
Firm type
Bank / Wealth / Trust
Year founded
2020
Location
Region
North America
Country
United States
City
Sarasota
Corporate office
Jacksonville, FL, United States
Additional offices
Carlsbad, CA, United States
Frequently asked questions
Who is behind Tactive's launch and growth strategy?
Tactive was incubated and backed by HGGC, the middle-market private equity firm co-founded by former NFL quarterback Steve Young. HGGC established an Aspire Holdings platform specifically to consolidate wealth management and retirement-plan advisory practices, with Tactive as the primary operating vehicle. Dave L. Chowanec serves as CEO, while HGGC principals Steven Leist and Les Brown sit on the board.
How does Tactive source its client base and advisor talent?
Tactive does not rely on traditional organic marketing or brokerage recruiting. The firm acquires established independent RIAs and advisory teams with existing books of business — a roll-up model that brings client relationships and AUM onto a centralized technology platform. In June 2024, Tactive hired Michael Kimball from Goldman Sachs PFM to formalize and accelerate the M&A pipeline as Head of Corporate Development.
Is Tactive structured as a single family office or a traditional wealth manager?
Neither. Tactive is a private equity-backed RIA consolidator. It operates as a portfolio company of HGGC's Aspire Holdings, combining a consumer-facing wealth management brand with a back-end acquisition engine that buys and integrates smaller advisory practices. This hybrid structure distinguishes it from organically scaled RIAs and from family-office vehicles managing a single source of capital.
What investment services does Tactive provide?
Tactive offers investment advisory services, financial planning, and discretionary portfolio management. Its client base includes high-net-worth individuals, trusts, estates, businesses, and employee benefit plans. The firm does not publicly disclose its investment models, benchmark preferences, or asset-allocation methodologies.
Does Tactive manage proprietary investment products or funds?
There is no public record of Tactive managing proprietary funds, hedge fund vehicles, or private market offerings. The firm appears to operate as an investment advisor constructing client portfolios from third-party securities and strategies, consistent with its RIA registration. No alternative asset products or direct-investment programs have been disclosed.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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