Mission Wealth receives investment from PE firm
Mission Wealth, a Santa Barbara financial planner firm celebrating its 25th year in business, announced it received a minority investment from private equity firm Great Hill Partners. Terms of the transaction were not disclosed.
Known for investing in high-growth companies, the partnership will help Mission Wealth’s client service offering and support the firm’s national expansion plans.
Despite the investment, Mission Wealth remains independent and will be majority owned by its employees.
CEO Matthew Adams said this partnership will help “bring vital resources and additional intellectual capital to our firm.”
“Great Hill’s partnership is a strong endorsement of our business model, culture, and team, and their track record of collaborating with founders and management teams will be instrumental in driving our ambitious growth trajectory,” he said.
