Axiom Financial Strategies Group Joins Lion Street
Share Article
Lion Street is pleased to announce Axiom Financial Strategies Group as its newest Owner-Firm. This partnership between Lion Street, a premier player in the financial and insurance industry, and Axiom Financial Strategies Group will allow Axiom to offer more targeted and sophisticated solutions to their clients.
We chose to make a strategic affiliation with Lion Street so we could advocate on behalf of our clients and enhance the value we provide - Tim Volk NEW ALBANY, Ind. (PRWEB) March 16, 2021 Lion Street is pleased to announce Axiom Financial Strategies Group as its newest Owner-Firm. This partnership between Lion Street, a premier player in the financial and insurance industry, and Axiom Financial Strategies Group will allow Axiom to offer more targeted and sophisticated solutions to their clients.
PE firm Merchant buys stake in Axiom Financial Strategies
The deal shows that private equity investors are starting to move down-market to invest in smaller registered investment advisers.
March 5, 2021
Private equity investor Merchant Investment Management has taken a minority ownership stake in Axiom Financial Strategies Group, a $450 million advisory firm based in New Albany, Indiana.
The deal, described as supporting Axiom’s continued “efforts to improve the client experience and financial planning process to meet the changing needs of the businesses and families they serve,” represents a move down-market for the private equity space.
Private equity has been pouring millions into the wealth management space over the past several years, primarily by buying stakes in large consolidators that fuel acquisitions.