Rise Growth Partners Expands RIA Network with Minority Stake in Krilogy 

Rise Growth Partners, founded by Joe Duran, former CEO of United Capital, announced a minority investment in Krilogy, a St. Louis-based registered investment advisor managing more than $4 billion in client assets. 

Founded in 2009, Krilogy has built a reputation for developing advisors through mentorship and collaboration, pairing next-generation talent with seasoned professionals to create continuity and leadership depth. The firm’s 85-person team, including more than 40 wealth advisors, serves a growing client base of entrepreneurs and multigenerational families with complex planning needs. 

“From our earliest conversations, it was clear that Rise understood our vision and values,” said Kent Skornia, Krilogy’s founder and CEO. “With their partnership, we are empowered to scale while keeping our culture of respect, mentorship and values at the center of everything we do.” 

“Exceptional firms aren’t built on metrics alone—they’re built on values, people and a vision for the future,” added Joe Duran, Managing Partner at Rise Growth Partners. “We believe Krilogy is uniquely positioned to support advisors approaching the next or final chapter of their careers who want to thoughtfully transition their work and preserve their legacy.” 

The investment marks Rise’s third minority partnership since launching its capital platform for independent RIAs. Earlier deals include Grimes & Company of Westborough, Massachusetts, a $5.7 billion family-owned wealth manager announced in February 2025, and Bleakley Financial Group of Fairfield, New Jersey, a $10 billion advisory firm announced in August 2024. 

Rise Growth Partners, headquartered in Austin, Texas, continues to build a selective portfolio of leading RIAs focused on sustainable growth, leadership succession, and advisor development.