Steward Acquires $180M Advisor, Forms New Hybrid West Coast Group

Steward Partners announced the acquisition of $180M AUM Los Angeles-based boutique advisory Trost Financial, which it is combining with existing captive boutique the Lindsey Group to form the Lindsey-Trost Group.

Combining Trost Financial with Lake Oswego, OR-based Lindsey and its $532 in AUM will see the Lindsey-Trost Group managing a collective $712M in client assets. Trost Financial was led by Greg Trost, who will serve as a managing director of the new combined group. He is joined in the move by wealth manager Michael Mora and client administrative manager Katie Scott. 

Trost’s location in Century City in Los Angeles also represents a new territory for Steward. The firm first moved into the Los Angeles market in April 2023 when it recruited $200M advisory The Valencia Group from UBS.

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Written By: Dakota

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