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Rise Growth Partners buys minority stake in Krilogy to fuel Midwest expansion and succession via M&A.
On October 22, 2025, Rise Growth Partners acquired a minority stake in St. Louis-based Krilogy, a registered investment advisor with $4 billion in assets, to support its Midwest expansion and M&A-driven succession strategy.
The firm, founded in 2009 by Kent Skornia, has grown through 21 acquisitions of retiring advisors and aims to reach $5 billion in assets by 2026.
Meanwhile, the Financial Planning Association named Dennis Moore its permanent CEO, succeeding Patrick Mahoney, who died in early 2025 after a long illness.
Moore, who previously served as interim CEO and COO, brings extensive leadership experience and academic background to the role.
Rise Growth Partners compra una participación minoritaria en Krilogy para impulsar la expansión en el Medio Oeste y la sucesión a través de fusiones y adquisiciones.