The Florida-headquartered wealth management group said the capital will be used to pay for growth on a number of fronts.

Dynasty Financial Partners has wrapped up a minority capital raise today supported by stakeholders including its employees, clients, and resource partners. The specific size of capital raised was not disclosed.

Investors include The Charles Schwab Corporation, BlackRock, JP Morgan Asset Management, Abry Partners, Glick Family Office and Dynasty Chairman Harvey Golub, as well as various clients. 

Fortress Investment Group took part as a new investor. This is the sixth capital raise since Dynasty was founded in 2010.

The St Petersburg, Florida-headquartered firm said the money will drive growth in talent and technology, build out areas such as outsourced chief investment officer services and drive network M&A to expand Dynasty’s investment bank. (See this article from last September about the investment bank's stategy and business model.) 

Dynasty has 58 network partner firms representing over 500 advisors with more than $125 billion in platform assets.

In October 2024, Dynasty closed a minority capital raise. While Dynasty currently has no debt, it secured a $125 million corporate credit facility in 2025, supported by a syndicate of financial services firms.

“This most recent investment round signals the incredible momentum of the independent movement within the financial advisory industry,” added Dynasty chairman of the board, Harvey Golub. “The growth of the RIA space is driving positive change for advisors and their clients.”

Dynasty Investment Bank served as exclusive financial advisor to Dynasty Financial Partners on the transaction. Sullivan & Cromwell served as the legal advisor to Dynasty Financial Partners.