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The Wealth Advisor

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The Wealth Advisor is today’s most relied-on source of news and education for planners and advisors. We scan the news so you don’t have to, sending you what you don’t want to miss…but don’t always have time to find yourself without poring through dozens of publications. The Wealth Advisor sends you a handy once-a-week list of the most important news, hand-picked by our staff for its importance to investment advisors and their practices.

GeoWealth Secures Growth Investment Round Led by BlackRock

GeoWealth, a proprietary technology and turnkey asset management platform (TAMP), has closed a $18 million growth investment led by BlackRock (NYSE: BLK). GeoWealth will use the funding to support the continued development of offerings that enable advisors to meet client demand for access to an increasingly broad range of asset types in a unified account. Kayne Anderson Growth Capital, the dedicated growth capital strategy of Kayne Anderson, which led GeoWealth’s Series B funding in 2021, participated in the round, as did J.P.