Aquiline to Invest in Flourish Wealthtech Platform
Aquiline has agreed to invest in Flourish, a wealthtech platform owned by MassMutual that supports independent financial advisors with private-bank-like solutions. The deal is expected to close in Q4 2026 and will give Aquiline controlling interest while allowing MassMutual to retain a significant stake. Flourish serves over 1,300 RIAs and has seen rapid growth, increasing assets under custody from $1 billion to $8 billion within five years. The company recently launched its first home-lending solution tailored for the independent advisor channel. Aquiline plans to support Flourish in expanding its offerings to help advisors compete with larger firms. David Canter, a former Fidelity executive and industry veteran, will join Flourish's board as Executive Chairman.
Tickers: $MMC
Topics: Board Appointment M&A Wealthtech