Carlyle takes a minority stake in Prime Capital Financial, where 170 advisors own equity
Prime Capital reports $52 billion in AUM and 225 advisors, up from 40 since its 2017 buyout from founder Kerry Lawing.
At a glance
Carlyle is taking a minority stake in Prime Capital Financial, a $52 billion RIA where 170 advisors already own equity.
Prime Capital's advisor count has grown from 40 to 225 since its 2017 buyout from founder Kerry Lawing, according to chief executive Glenn Spencer.
The reporting does not state the price, size or intended use of Carlyle's investment.
Carlyle is taking a minority stake in Prime Capital Financial, a $52 billion RIA where 170 advisors already own equity.
Prime Capital's advisor count has grown from 40 to 225 since its 2017 buyout from founder Kerry Lawing, according to chief executive Glenn Spencer. Spencer cites equity ownership when describing that growth. The reporting does not specify whether the 170 equity holders are among the 225 advisors.
The reporting does not state the price, size or intended use of Carlyle's investment.
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