Emigrant Partners Announces Strategic Investment in Principle Wealth Partners
Summary
NEW YORK, Feb. 11, 2025 /PRNewswire/ -- Emigrant Partners ("EP"), the leading minority investor in the wealth and asset management industry, announced it has made a strategic minority investment in Principle Wealth Partners ("Principle"), an independent wealth management business that manages $2.8 billion in assets and is headquartered in Madison, CT.Emigrants investment in Principle, recognized by Forbes as a Top 100 RIA Firm for the third consecutive year, will allow it to accelerate its industry leading growth. We look forward to working closely with the Principle team and to helping them execute on their long-term vision for the business. Maintaining our independence and our entrepreneurial spirit was incredibly important to me and the Principle team, and we look forward to a long and successful partnership with Emigrant. "Principle Wealth Partners is an independent, employee-owned RIA founded in 2017 by Robert Paolucci to provide its clients with relationship-based advice that is customized to their needs and desired outcomes. Principle serves families and individuals across the country, and it provides a range of comprehensive, sophisticated investment and wealth management services to its client base.