The three firms keep their brands and their own ADVs under Criterion, and Michael Mock is named president of the holding company.
Sammons Financial Group has formed Criterion, a holding company for Beacon, NorthRock Partners and Wealthcare with $27 billion in combined AUM/A.
The three firms keep their brands and their own ADVs; Michael Mock is named president of the holding company, and Criterion's registration is dated Oct. 13.
Reported by the Features desk from PWD coverage and tracking. Published . Updated Oct 28, 2026 · 2:57 p.m. ET. Corrections
Beacon, NorthRock Partners and Wealthcare keep their brands and own their ADVs; Michael Mock is named president of Criterion.
Elevation Point typically takes a 20% minimum stake, while Concurrent bought $5.4 billion Spire as an asset purchase.
At the panel, Regan said a $250 million advisor facing that SEC cybersecurity review would be 'dead in the water for six weeks.'
The three teams came from Ameriprise, Citi Private Alternatives and Comerica Bank.
Google also expanded a PJM demand-response program with Voltus to 1,170 MW and will take over a Colorado Springs dark fiber lease through mid-2027.
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