Core Insights - Rise Growth Partners, launched by former United Capital CEO Joe Duran, has made its third minority investment in Krilogy, a St. Louis-based RIA with over $4 billion in client assets [1][2] - This investment enhances Rise Growth's presence in the Midwest and aligns with Krilogy's focus on developing young talent through its Advisor Development System [2][3] - Krilogy has experienced double-digit organic growth and aims to reach $5 billion in total assets by 2026, with a target of $10 to $15 billion in the next three to five years [3] Company Overview - Krilogy was founded in 2009 by Kent Skornia and emphasizes holistic wealth management, including financial planning, asset management, and legal services [2] - The firm has completed approximately 21 acquisitions or tuck-ins over the past 15 years, focusing on matching retiring senior advisors with younger successors [3] Strategic Plans - Krilogy plans to collaborate with Rise Growth to enhance its M&A strategy and recruit more talent [4] - Rise Growth aims to provide capital to Krilogy to support the hiring of younger Certified Financial Planners (CFPs) and expand its advisory recruiting efforts [5] - Krilogy will likely offer a combination of equity and cash to young advisors, transitioning them from 1099 to W-2 employees, and will extend similar offers to smaller firms joining Krilogy [5]