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Steward Partners Secures $475 Million in Strategic Capital From Ares
Steward Partners secured $475 million from Ares Management to fund growth and return capital to employee-owners while maintaining partner-led leadership, with nearly $50 billion in client assets.
- Ares invested, providing $475 million in a non-controlling minority stake, Steward Partners said, supporting its next growth phase, said Scott Rosen.
- From its 2013 launch, Steward Partners is an employee-owned, partner-led advisory firm that grew from three advisors and under $100 million to nearly $50 billion over more than 12 years.
- Advisors and counsel included Piper Sandler & Co., exclusive financial advisor, Ropes & Gray LLP and Latham & Watkins, legal counsel to Steward Partners, and Cahill Gordon & Reindel LLP, legal counsel to Ares.
- Employee-Owners will receive returned capital, while Steward Partners' leadership retains strategic direction; Jim Gold said, `This is another defining milestone for Steward Partners`.
- The firm was recently recognized with a #9 ranking on the 2025 Barron's Top 100 RIA Firms list and a 2025 Thrivent Employer of Choice designation, while Ares Management Corporation operates globally across North America, South America, Europe, Asia Pacific and the Middle East.
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Steward Partners Secures $475 Million in Strategic Capital from Ares
STAMFORD, Conn., Dec. 19, 2025 /PRNewswire/ -- Steward Partners, an employee-owned independent financial services firm specializing in comprehensive wealth management solutions, today announced that it has raised $475 million in strategic capital from Ares Credit funds ("Ares"), comprising a significant…
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Total News Sources27
Leaning Left3Leaning Right2Center9Last UpdatedBias Distribution64% Center
Bias Distribution
- 64% of the sources are Center
64% Center
L 22%
C 64%
14%
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