Prime Capital Financial says 170 advisors hold equity and manage 95% of its assets, and the recapitalization marks the exit of prior backer Abry Partners.
Carlyle has taken a minority stake in Prime Capital Financial, a $52 billion firm, according to our reporting.
The recapitalization marks the exit of prior backer Abry Partners, according to Prime Capital Financial.
The advisor-ownership structure remains intact, with equity held by 170 advisors who manage 95% of the firm's assets, according to Prime Capital Financial.
Reported by The Advisor's Note desk from Wealth Advisor Daily. Published . Updated Oct 28, 2026 · 2:57 p.m. ET. Corrections
The $52 billion firm says 95% of its assets are managed by advisors who hold equity, and prior investor Abry Partners exited in the recapitalization.
The acquisition puts two planning-heavy RIAs under a Carlyle-backed umbrella, changing the ownership math for their advisors.
Schorr tells Wealth Solutions Report that transferability can be improved in the final year, while founder dependency takes years to unwind.
Children born from 2025 through 2028 receive a $1,000 automatic deposit.
Only the excess must be withdrawn, and the 6% penalty runs for each year it stays in.
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