Financial Services
Description
Rosemont, a private investor in employee-owned asset and wealth management firms, announces a minority investment in Veris Wealth Partners, a majority employee-owned and women-led impact wealth management firm with more than $2 billion in assets under management. The recapitalization is designed to support the company’s internal equity transition to next-generation leaders and to ensure its independence for many years to come. Importantly, there will be no changes to the day-to-day management of the firm as a result of the transaction.