Corporate Roundup: Pontera, Snowden Lane Partnership; Modern Wealth Acquires KCM

In this week’s corporate roundup, several strategic moves are reshaping the retirement and wealth management landscape. Pontera and Snowden Lane Partners formed a partnership to enhance advisors’ capabilities with held-away retirement accounts. Modern Wealth acquired Kaye Capital Management, expanding its California footprint. Leading Retirement Solutions joined The Cerrado Group, while Anna Rathbun launched Grenadilla Advisory. Meanwhile, Congruent Solutions partnered with Broadridge for trading integrations, and Carnegie welcomed Skye Barry as a new SVP and wealth advisor.

Pontera and Snowden Lane Announce Collaboration

Pontera and Snowden Lane Partners this week announced a strategic partnership.  

Snowden Lane’s advisors will now have access to the Pontera toolkit to manage their clients’ 401(k)s, 403(b)s, and other held-away accounts.

“Our firm’s advisors have long seen significant demand from clients for advice in held-away workplace retirement accounts. We’re thrilled to add Pontera to bridge the gap between 401(k) accounts and our financial advisors’ unique expertise,” said Alison Burkett, executive vice president and head of Enterprise Development at Snowden Lane Partners. “As a result, our advisors can address their clients’ needs and drive better outcomes for retirement savers.” 

“While out-of-the-box offerings like target date funds make a good fit for many retirement savers, those with a broader financial plan need their 401(k) accounts managed holistically with the rest of their assets,” said Peter Nolan, SVP of Sales at Pontera. “Like Snowden Lane, Pontera is committed to empowering retirement savers with choice over how their retirement assets are managed.”