The Intersection of Private Equity and RIAs in Today's Private Wealth Management Landscape

A Wealth Management Advisory Council Sponsored Event
 

The relationship between private equity and the RIA community is reshaping the private wealth management landscape. As private equity firms continue to deploy significant capital into the sector, RIAs are weighing what outside investment means for growth, independence, succession, and long-term value creation.

This discussion will explore what is driving private equity’s continued interest in RIAs, the characteristics that make certain firms more attractive acquisition targets, and why a growing number of advisors are choosing to partner instead of going their own way. We’ll examine how private equity-backed RIAs are using that capital to accelerate growth, pursue acquisitions, invest in talent and technology, and expand their capabilities.

The conversation will also look at the relationship from the other side of the table: how RIAs are allocating client capital to private equity which may actually be investing directly in their competitors. Finally, we’ll address the bigger question facing the industry: Where does this all lead? As consolidation accelerates and private equity ownership becomes increasingly prevalent, what will the next generation of the RIA industry look like—and what does it mean for advisors and their clients?

SPEAKERS
 Eugena Delman | Eugena Delman is a Product Specialist for Carlyle Private Equity Partners (CPEP), Carlyle's private equity evergreen vehicle. She is based in New York.

Prior to joining Carlyle, Ms. Delman was a Product Specialist at Blackstone from June 2022 to January 2026, where she led product for the firm's multi-strategy platform. Prior to Blackstone, she spent several years in the startup space, including a role at a metaverse platform that partnered with luxury retailers to develop 3D virtual retail experiences. Ms. Delman began her career at Goldman Sachs, where she spent 10 years in a variety of roles across banking and risk management, most notably as a member of the Credit Products Group, a solutions business focused on illiquid and esoteric risk.

Ms. Delman holds degrees in Management Science and Aerospace Engineering from MIT. Back To Top ^^

 Simon Green  | Simon Greene (New York) joined KKR in 2017, is a Director at the firm and is a member of the Financial Services industry team within the firm’s Americas Private Equity platform. He has been actively involved with the firm’s investments in Janney Montgomery Scott, Soderberg & Partners, Beacon Pointe, Integrated Specialty Coverages, Focus Financial Partners, and Mr. Cooper Group. He currently serves on the Board of Directors of several KKR portfolio companies. Prior to joining KKR, Mr. Greene was with Oppenheimer & Co. in New York, where he worked on a variety of merger & acquisition and restructuring transactions. He holds a B.S., summa cum laude, in Math / Economics from the University of California, Los Angeles. Back To Top ^^

 Matt Matrisian | As President of Signature Estate & Investment Advisors, LLC (SEIA), Matt Matrisian brings three decades of experience reimagining how wealth management firms scale with purpose while preserving the personal touch that defines exceptional service. His guiding belief is that the industry’s greatest potential lies in simplifying complexity and freeing advisors to focus on what they do best: building lasting client relationships.

Matt co-leads SEIA alongside CEO Brian Holmes, guiding the firm’s growth strategy across $35+ billion in assets under advisement and driving roughly 10% organic growth. His approach rests on a simple conviction: sustainable growth expands possibilities, not just footprints. Under his leadership, SEIA has maintained sub-5% advisor attrition in acquired practices—evidence that disciplined growth can strengthen, rather than dilute, the human connections that drive success.

Since joining SEIA, Matt has hired the firm’s first Chief Growth Officer, built out advanced planning capabilities, and executed a modernization of SEIA’s technology stack and AI capabilities—initiatives designed to amplify advisor productivity and deepen client outcomes.

Matt’s M&A expertise reflects a core belief that successful integration demands more than operational alignment; it requires cultural harmony and shared vision. He has consistently focused on growth opportunities that create lasting value—building new channels, developing profitable market segments, and forging strategic partnerships that enable meaningful expansion.

Earlier, during his tenure at AssetMark, Matt helped scale assets under management from $20 billion to $140 billion. That experience shaped his view of technology in wealth management: not as a replacement for human insight, but as an amplifier of advisor capabilities.

A sought-after industry voice, Matt has shared his insights at more than 150 conferences and authored over 30 articles, including “The Power of Practice Management: Best Practices for Building a Better Advisory Business.” Back To Top ^^

 Adam Phillips, CFA, CAIA, CFP | Adam is a Managing Director and Head of Investments at EP Wealth Advisors®, a registered investment advisor with roughly $45 billion in assets under management. In this role, he oversees the firm’s investment strategies and chairs the firm’s Investment Committee. As the voice of the firm’s investment strategy, Adam frequently provides market commentary across the media and in client communication pieces.

Prior to joining EP Wealth Advisors® in 2014, Adam served as a Senior Portfolio Manager at City National Rochdale in Beverly Hills, where he specialized in research and portfolio construction while overseeing nearly $700 million on behalf of high-net-worth individuals, foundations, and trusts.

Adam holds a Bachelor of Science in Business Administration from the University of Southern California (USC), and earned his Master’s in Business Administration (MBA) from the University of California – Los Angeles (UCLA). In addition, Adam holds the Chartered Financial Analyst (CFA), Chartered Alternative Investment Analyst (CAIA) and Certified Financial Planner (CFP®) designations.

Adam lives in Palos Verdes, CA, with his wife and two children, Hunter and Madison. Back To Top ^^