Emigrant Partners

Emigrant Partners is a specialist capital and advisory firm that provides strategic support and flexible, long-term capital to entrepreneurs in the wealth and asset management industries. The firm focuses on making minority, non-voting investments in leading wealth and alternative asset management businesses, empowering them to scale, innovate, and lead while maintaining their independence and operational control. Emigrant Partners offers bespoke, tax-efficient solutions tailored to various stages of a firm's lifecycle, including growth capital for organic initiatives, M&A finance for inorganic growth, founder liquidity, internal succession planning, and financing for recruitment and retention.

Founded in 2007, Emigrant Partners operates as the private equity division of Emigrant Bank, which is owned and operated by the Milstein Companies. This affiliation provides the firm with a stable, long-term capital base, distinguishing it from traditional private equity models. The firm's approach emphasizes partnership, offering strategic advice and access to a network of industry leaders to support its partner firms' growth and operational needs.

Emigrant Partners has built a portfolio of over 20 partner firms, primarily U.S.-based, which collectively oversee more than $100 billion in assets. Notable investments include strategic minority stakes in firms such as Principle Wealth Partners, Keen Wealth Advisors, and Elevation Point. These partnerships aim to accelerate growth, enhance technology, and expand client services for the invested firms, while Emigrant Partners provides resources without interfering with day-to-day operations.

The Emigrant Partners team comprises experts with deep backgrounds in wealth management, private equity, investment banking, strategy, finance, and M&A law. This diverse expertise allows them to provide comprehensive strategic advisory services, assisting partner firms with organic growth initiatives, M&A strategies, human capital, technology, and operational enhancements. The leadership team includes Jenny Souza as CEO & President and Liz Nesvold as Chair of Emigrant Partners and Vice Chair of Emigrant Bank, both bringing extensive experience in financial services and M&A.