Equity Private Placements, Mergers & Acquisitions

Steward Partners

12/25
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$475.0 Million
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Transaction Summary 

On December 19, 2025, Steward Partners (“Steward” or “the Company”) announced that it raised $475 million in strategic capital from Ares Credit funds (“Ares”). Ares significantly expanded its lending relationship and now owns a non-controlling minority stake in the Company. Ares joined Steward Partners' existing institutional partners, Cynosure Group ("Cynosure") and The Pritzker Organization ("TPO"), in backing the firm

Press Release

Steward Partners

Founded in 2013, Steward Partners is a full-service, employee-owned, independent financial services firm that offers wealth management solutions for families, businesses, and multigenerational investors. The Company’s services include comprehensive wealth planning, private banking, institutional consulting, and business solutions. Since its launch in 2013, Steward Partners has solidified its place as one of the industry's fastest-growing and most influential RIA firms and was recently recognized with a #9 ranking on the 2025 Barron's Top 100 RIA Firms list. Headquartered in Stamford, the Company was founded by a team of three advisors with under $100 million in assets and has grown into a nationwide platform with nearly $50 billion in client assets as of December 2025

Ares Management Corporation

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity, and infrastructure asset classes. As of September 30, 2025, Ares Management Corporation's global platform had over $595 billion of assets under management, with operations across North America, South America, Europe, Asia Pacific and the Middle East

Sub-Type
Sell-Side
Sub-Sector
Asset & Wealth Management