New Partnership Between an Exemplary Growth Partner and a Powerhouse Investment Advisor 

Rise Growth Partners Backs Cyndeo Wealth Partners in Fourth RIA Investment 

Based on a company-focused press release 

What happens when a renowned growth partner connects with an advisor firm with a proven track record of success? According to a press release by the company announcing the strategic minority partnership of Rise Growth Partners (“Rise”) and Cyndeo Wealth Partners (“Cyndeo”), the outcome is bright. The strategic minority partnership will support advisor recruiting, organic growth, and Southeast expansion for Cyndeo. Cyndeo will join Rise’s existing lineup of minority investments, including OnePoint BFG Wealth Partners (formerly Bleakley Financial Partners), Grimes & Company and Krilogy. 

A Prosperous Legacy 

Cyndeo, founded in 2020, has a particular strength in serving high-performance individuals, including small to mid-size business owners, entrepreneurs, and professional athletes. Its CW Boss division, in particular, provides concierge-style coordination and multi-stage planning for athlete clients in the NBA and NFL. Team members specialize in helping these clients navigate career-specific nuances such as compressed earning windows, complex tax considerations, and post-career pursuits. 

Cyndeo is led by industry veteran Matt Kilgroe, President and Chief Executive Officer. At Cyndeo, Kilgroe spearheads a performance-driven culture with a strong focus on long-term planning for clients navigating life transitions. Under Kilgroe’s leadership, Cyndeo has built a solid reputation for disciplined organic growth and a relationship-driven service model. Company culture is also a priority, with a focus on providing independence for its advisor team. 

“From day one, Cyndeo has been built around giving advisors a real voice in their future while holding ourselves to exceptionally high standards on behalf of our clients.”

Matt Kilgroe, Cyndeo Wealth Partners

The partnership with Rise is expected to enhance this culture of excellence. The decision to partner with Rise comes after a competitive evaluation process that drew significant interest from multiple potential investors. According to the press release, “…Cyndeo selected Rise for its exclusive focus on wealth management and the team’s decades-long experience building, scaling and operating advisory businesses.” 

A Wealth of Experience 

Rise’s leadership brings a wealth of industry expertise, coupled with a proven history of preserving advisor independence and firm culture while supporting sustainable growth. Speaking on the partnership, Kilgroe elaborates, “I know how hard it can be for advisors to find true independence without sacrificing growth or autonomy. Rise understands that balance. This partnership allows us to scale intentionally while continuing to deliver the breadth and depth of services necessary to compete in today’s environment.” 

Rise’s minority investment will provide capital and strategic support to Cyndeo. The partnership will also focus on “accelerating advisor recruiting and onboarding across Florida and the Southeast, strengthening leadership and operational infrastructure, advancing brand and go-to-market strategy and supporting selective M&A initiatives”, according to the press release. 

“We treat this like a team, because teams want to win,” said Joe Duran, managing partner at Rise. “Cyndeo has built a performance-driven culture with clear expectations, accountability and support, which makes them exactly the kind of firm we look to partner with.” 

Duran also expressed pride in partnering with Dynasty Financial Partners (“Dynasty”), which helped launch Cyndeo and will now roll its investment over as part of the deal. 

A Dynasty of Support 

Shirl Penney, Chief Executive Officer of Dynasty Financial Partners, also voiced pride in supporting Cyndeo since its launch, as well as excitement for the next chapter alongside Rise.  

“Together with the Rise team, we look forward to helping Cyndeo scale its platform and advance its growth for the benefit of both its clients and advisors,” he said. 

According to the press release, their goal is to work together with Rise to help Cyndeo become one of the largest RIAs in the Southeast. 

Pete Frantzis, Director of Cyndeo, shared how Cyndeo’s community partnership with Central Florida Development Council (CFDC) has benefited its economic and professional evolution. 

For more information on Rise Growth Partners and its approach to building the next generation of independent advisory firms, visit risegrowth.com. To learn more about Cyndeo Wealth Partners and its team, visit cyndeowp.com.