New RIA Courts Next-Gen Riches

▤ Summary

A new registered investment adviser, Factory Capital, has launched in Inglewood to serve next-generation wealth clients in sports and entertainment. The firm targets athletes, actors, musicians, and content creators who need help managing sudden wealth and building long-term legacies. Travis Henry leads the firm after previous roles at Morgan Stanley and Cresset Capital Management, and Dynasty Financial Partners is backing its growth. The company says it is already seeing strong client interest and aims to reach $1 billion in assets under management in its first year.

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