New facility, led by Blackstone Credit & Insurance, expands capacity and positions the firm for continued growth

STAMFORD, Conn., Aug. 27, 2026 /PRNewswire/ — Steward Partners, a full-service, employee-owned, independent financial services firm, today announced that it has completed the refinancing and expansion of its senior credit facility. The facility will support additional recruiting, acquisitions, and other critical growth initiatives. The new facility is led by Blackstone Credit & Insurance, with participation from new lenders including MidCap Financial, Morgan Stanley, and Blue Owl Capital, alongside existing lenders Ares Credit funds and Audax Group. 

“This expansion of our credit facility is a direct reflection of the momentum we’ve built as a firm and gives us the capital foundation to keep building on the advancements we’ve created over the past several years,” said Jim Gold, CEO of Steward Partners. “We’ve seen incredible growth, not just in the number of advisors and teams joining our platform, but in the caliber of talent choosing Steward Partners because of how we’ve built our business. With this additional capacity, we’re well positioned to be even more aggressive in pursuing the right acquisitions and recruiting opportunities.”

“Since putting our initial credit facility in place four years ago, we have grown AUA from $24 billion to $57 billion. Steward’s growth trajectory and strong track record of successful acquisitions and recruiting was critical to attracting an expanded lending group that supports Steward’s vision and business model,” said Hy Saporta, President of Steward Partners. “We’re grateful to our entire lending group for providing us with the growth capacity to continue expanding our aligned employee model which is unique in the industry.”

Since its launch in 2013, Steward Partners has solidified its place as one of the industry’s fastest-growing and most influential RIA firms. The firm was recently recognized with a #9 ranking on the 2025 Barron’s Top 100 RIA Firms list, up from its #18 ranking in 2024. Additionally, Steward Partners was named a 2025 Thrivent Employer of Choice by InvestmentNews, reflecting the firm’s commitment to fostering a collaborative, partner-driven culture.

About Steward Partners
Representing some of the U.S.’s top advisors, Steward Partners is a full-service, employee-owned, independent financial services firm that offers wealth management solutions for families, businesses, and multigenerational investors. Established in 2013, the firm fosters a positive, transparent culture of camaraderie and excellence that has fueled its substantial growth in a highly competitive industry. With its commitment to exceptional client service and forward-thinking partnerships, the firm was ranked as the #9 RIA in the country in Barron’s Top 100 RIAs for the year 2025. Offering services such as comprehensive wealth planning, private banking, institutional consulting, and business solutions, the firm was responsible for over $57 billion in client assets as of August 2026.

To learn more about Steward Partners, visit www.stewardpartners.com.

About Barron’s Top 100 RIA Firms
2024 – 2025 – Source: Barrons.com. Barron’s is a registered trademark of Dow Jones & Company, L.P. All rights reserved. Participation in this ranking is by invitation only and limited to firms that meet the minimum eligibility requirements. Barron’s selected firms that manage 2% or more of the total assets of all ranking applicants. This year, that creates a threshold of $70 billion in assets. Participating firms were evaluated and ranked on a wide range of quantitative and qualitative data, including: assets overseen by the firm, revenue generated by the firm, level of technology spending, number of clients, size of staff, diversity across staff, and placement of a succession plan. The ranking may not be representative of any one client’s experience, is not an endorsement, and is not indicative of the advisor’s future performance. Neither Steward Partners nor any of its Financial Advisors pay a fee in exchange for this award/rating. Barron’s is not affiliated with Steward Partners.

About InvestmentNews: Thrivent Employer of Choice

2025 – The Thrivent Employer of Choice award recognizes a multi-office advisor network, brokerage, or fund provider’s commitment to building a workplace that recognizes excellence and supports career growth for all. This award recognizes the company that has earned the reputation of being called an employer of choice within the wealth management and financial planning industry. Nominations by employees, partners, peers, and clients are welcome. Employers are selected based on objective criteria including: must have more than 50 employees within the U.S. and be in the wealth management industry, demonstrates unique employee value proposition (e.g. business development support, marketing support, education, training, philanthropy), defined workplace brand and culture to foster growth for employees, innovative approach to employee recruitment, retention, talent management, learning & development, mitigating employer-related risks, managing changes within the business (i.e. digitalization, customer expectations, compliance), and exemplary reputation within the industry. Data was compiled from 2024. Award Finalists announced June 24, 2025. Steward Partners nor its affiliates paid a fee to InvestmentNews in exchange for the ranking.

Securities are offered through Steward Partners Investment Solutions, LLC (“SPIS”), registered broker/dealer, member FINRA/SIPC. Investment advisory services are offered through Steward Partners Investment Advisory, LLC (“SPIA”), an SEC-registered investment adviser. SPIS, SPIA, and Steward Partners Global Advisory, LLC are affiliates and collectively referred to as Steward Partners.

Media Contact:
Zach Allegretti
JConnelly
zallegrettiii@jconnelly.com
973-850-7341

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SOURCE Steward Partners