Ascentis Wealth Management announced that it onboarded newly launched Ascentis Family Wealth. Led by Kevin Gray, the Dallas-based firm expects to oversee about $250 million in assets under management. Its team includes Wealth Advisor Niko Puritz and Client Relationship Specialist Lisa Monello. As part of the transaction, Gray will take an equity stake in Ascentis Wealth Management.
“We’re delighted to welcome Kevin and his team to the Ascentis platform,” said Michael Mansur, CEO of Ascentis Wealth Management. “This partnership gives him more support behind the scenes so he can keep running the business his way while delivering a consistent experience for the families he serves.”
Gray previously founded Veracity Capital and served as its CEO. Prior to that, he spent more than 12 years at Ayco Private Wealth Management of Goldman Sachs. He is a Certified Exit Planning Advisor.
“Ascentis Wealth Management’s expanded resources and ambition are a huge reason why I’m partnering with the firm,” Gray said. “I look forward to leveraging deeper investment expertise and stronger support across technology, marketing and operations, plus the asset management capabilities behind the platform.”
Advisory Services Network will provide Ascentis Family Wealth with operations solutions and compliance support.
Last month, Ascentis Holdings launched with Ascentis Wealth Management as one of its three constituent firms.
Wealth Solutions Report can be reached at info@wealthsolutionsreport.com.
