Dynasty Financial Partners has concluded a minority capital raise, drawing participation from employees, clients, resource partners, board members, and external investors.
The investor group includes Charles Schwab, BlackRock, J.P. Morgan Asset Management, Abry Partners, Glick Family Office, Dynasty Chairman Harvey Golub, as well as clients.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Fortress Investment Group joined as a new participant in this round.
Funds from the raise are allocated to supporting Dynasty’s network of partner firms.
The company said that the investment will go towards expanding its workforce and technological capabilities, further developing the integration of Dynasty Desktop and Core Services.
The funds are aimed at enhancing the investment platform with a focus on private market offerings and outsourced chief investment officer (OCIO) services.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataIt will provide additional growth capital for mergers and acquisitions within its network, broadening the Dynasty Investment Bank’s scope, and strengthening the firm’s financial position.
The latest fundraise is Dynasty’s sixth since its inception in 2010.
Dynasty’s network is primarily made up of independent registered investment advisers (RIAs) who retain ownership and operational control of their firms.
These RIAs use Dynasty’s technology platform, asset management programme, digital marketing tools, capital solutions, and investment banking resources.
The current network encompasses 58 partner firms with more than 500 advisers and over $125bn in managed assets.
A previous minority capital raise was completed by Dynasty in October 2024 with backing from long-time investors and board members.
While the company has no outstanding debt, it received a $125m corporate credit facility in 2025 with support from UMB Bank, Flagstar Bank, J.P. Morgan, Citibank, and Goldman Sachs Bank USA.
Dynasty founder and CEO Shirl Penney said: “The future is bright for Dynasty and our network of independent advisors, thanks to the remarkable alignment within our ecosystem, as reflected in this investment round.
“We are investing in the best technology, talent, and resources, while bolstering our fortress balance sheet to support our clients’ growth ambitions, whether through M&A or succession planning. I am immensely grateful to our investors, team members, industry partners, and clients who have supported us since Dynasty’s early days, making today’s announcement possible.”
Last year, Dynasty and Abacus Global Management entered an equity swap transaction involving reciprocal minority investment.
