Rise Growth Partners Acquires Minority Stake in Grimes & Company
02/19/25, 7:37 PM
Location
austinIndustry
financial services
Type
partnership
Rise Growth Partners has announced its second strategic minority investment, backing Grimes & Company, LLC, a full-service, family-owned and operated wealth management firm with around $5.7 billion in assets under management (AUM). This partnership aims to fuel Grimes’ continued momentum and enable deliberate expansion of its geographic presence, refined centralized planning process, and attraction of growth-focused advisor teams and firms.
Company Info
Location
austin, texas, united states
Additional Info
Rise Growth Partners (‘Rise’) is the wealth management industry’s first synergistic financial partner for growth-oriented registered investment advisors (RIAs), helping to create the best lighthouse brands in the industry. The company aims to be a leading partner and growth accelerator for the next generation of national wealth management platforms.