Top 8 Venture Capital Firms For Wealth Management Startups

For founders preparing to raise capital in the Wealth Management space, knowing which investors to approach is a critical first step. Connecting with venture capital firms that specialize in financial technology saves you valuable time and focuses your efforts on partners who understand your specific market.

To help you find the right fit, our team has curated this overview of the top VC firms investing in wealthtech. Use this guide to quickly identify relevant investors for your fundraising process.

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Which VC Firms in Wealth Management Are Right for Your Stage?

Knowing who to talk to is crucial, whether you're an early-stage company or preparing for an exit. To help, here’s a quick overview of which VC firms in wealth management invest at each stage.

Pre-seed and Seed VC Firms in Wealth Management

This initial funding stage is for new companies focused on developing a minimum viable product and finding early market traction. While many larger financial services venture capital firms invest later, firms like Allied Minds, which helps form and build startups, and Pivot Investment Partners often support companies at this foundational stage.

Early Stage VC Firms in Wealth Management

Early-stage funding, typically Series A and B, helps you scale your operations and grow your team once you have a proven product. For founders in wealth management, early stage VC firms to consider include AllianceBernstein, William Blair, and Eventide.

Late Stage VC Firms in Wealth Management

Late-stage rounds provide significant capital for established companies to expand into new markets or prepare for an exit through an acquisition or IPO. Some of the most active late stage VC firms in this space are Franklin Templeton and Manhattan West.

Keep in mind that some VC firms invest across multiple funding stages, adapting their strategy to the opportunity.

Here is a closer look at the top VC firms that focus on the wealth management sector. We've included key details about their investment stages, geographic focus, and what makes each firm a compelling choice for founders like you.

1. Franklin Templeton

Franklin Templeton is a long-standing global investment firm with deep roots in financial services, dating back to 1947. While known for its mutual funds, its venture capital arm actively invests in growing companies.

The firm primarily focuses on late-stage venture rounds, backing established companies. Their portfolio shows a strong interest in financial services and wealth management, with investments like the fintech platform Tifin, but also extends to high-growth tech sectors including AI, automotive, and digital consumer brands.

This firm is a strong potential partner if you're a founder of a well-established company seeking late-stage capital for major expansion or to prepare for an exit. Their extensive experience with public markets and large-scale growth could be a significant asset.

• Investment stages: Late Stage Venture
• Industries of focus: Financial Services, Wealth Management, Hedge Funds, Professional Services
• Geographical presence: Based in San Mateo, California, with a global investment scope
• Founded year: 1947
• Notable portfolio companies: Tifin, Lucid Motors, Oddity, Blaize
• Portfolio size: Over 200 investments and more than 65 exits

You can refer to their website here.

2. AllianceBernstein

As a publicly traded global asset management firm, AllianceBernstein oversees approximately $735 billion in assets. Their venture capital arm is an active investor in growth-oriented companies, particularly within financial services.

The firm invests across both early and late venture stages, showing a capacity to support companies through their entire growth journey. Their portfolio includes significant exits, such as Workfront’s $1.5 billion acquisition by Adobe, which highlights their experience in backing companies toward major outcomes.

AllianceBernstein is a strong potential match for founders with a proven business model in financial services or technology. If you are seeking a long-term partner with the resources to support scaling from early growth to a potential IPO or acquisition, this firm is worth considering.

• Investment stages: Early Stage Venture, Late Stage Venture
• Industries of focus: Asset Management, Financial Services, Wealth Management
• Geographical presence: Based in New York, New York
• Founded year: 1967
• Notable portfolio companies: Workfront, SanDisk, SailPoint Technologies
• Portfolio size: 52 investments and 23 exits

You can refer to their website here.

3. William Blair

William Blair is a global investment banking and asset management firm with a long history dating back to 1935. Based in Chicago, the firm has a well-established presence in the financial sector and invests through its venture capital arm.

The firm invests across both early and late venture stages, giving it the flexibility to support companies throughout their growth. Their portfolio includes successful exits like Avention's $150 million acquisition, demonstrating experience in guiding companies toward significant M&A outcomes.

William Blair could be a good partner if you're a founder in the finance or banking sectors seeking a versatile investor. Their ability to fund both early and late stages makes them a solid choice for companies looking for a long-term financial partner.

• Investment stages: Early Stage Venture, Late Stage Venture
• Industries of focus: Banking, Finance, Wealth Management
• Geographical presence: Based in Chicago, Illinois
• Founded year: 1935
• Notable portfolio companies: Avention, Managed Health Network, Interior Define, Signal
• Portfolio size: 25 investments and 11 exits

You can refer to their website here.

4. Manhattan West

Manhattan West is a global strategic investment firm based in Los Angeles. The firm operates across private equity, venture capital, and real estate, with a strong focus on the financial sector.

A key feature of their portfolio is the inclusion of major public tech companies like Uber, Amazon, and Microsoft. This points to a strategy that includes late-stage and secondary market investments in established, high-growth leaders.

This firm is a good fit if you are a founder of a well-established company seeking capital for significant growth or pre-IPO rounds. Their experience with large, publicly-traded companies makes them a valuable partner for businesses on a similar path.

• Investment stages: Late Stage Venture, Private Equity, Secondary Market, Venture
• Industries of focus: Wealth Management, Asset Management, Finance, Real Estate Investment
• Geographical presence: Based in Los Angeles, California, with a global investment scope
• Founded year: 2016
• Notable portfolio companies: Uber, Deliveroo, Palantir Technologies, Microsoft, Amazon
• Portfolio size: 23 investments and 3 exits

You can refer to their website here.

5. Jefferies

Jefferies is a global investment bank and financial services company with a history stretching back to 1962. The firm provides research and execution services across equity, fixed income, and foreign exchange markets.

The firm's investment activity is marked by its focus on debt financing and its portfolio of major public companies, including Apple and Alphabet. This indicates a strategy centered on established, market-leading corporations rather than early-stage ventures.

Jefferies is a suitable partner for mature companies seeking capital markets expertise or debt financing. Founders of early-stage startups looking for traditional venture funding may find other firms to be a better match for their needs.

• Investment stages: Debt
• Industries of focus: Banking, Financial Services, Wealth Management
• Geographical presence: Based in New York, New York
• Founded year: 1962
• Notable portfolio companies: Apple Inc., Alphabet Inc., TotalEnergies SE, AT&T Inc., Avis Budget Group, Inc.
• Portfolio size: 46 investments and 16 exits

You can refer to their website here.

6. Pivot Investment Partners

Pivot Investment Partners is an operator-led firm based in New York that concentrates on early-growth B2B fintech companies. They bring direct industry experience to support the startups they back.

The firm’s operator-led model is a key part of its approach, providing founders with practical guidance. Their portfolio includes fintech leaders like Gusto and iCapital Network, and they have a record of successful exits, such as BoldPenguin's acquisition by American Family Insurance.

This firm is a strong potential partner if you are a B2B fintech founder who values hands-on support from experienced operators. Their focus on early-growth stages makes them a good fit for companies with a product and initial market traction.

• Investment stages: Early and late stage venture
• Industries of focus: FinTech, Wealth Management, InsurTech, Payments, AI
• Geographical presence: New York, New York
• Founded year: 2014
• Notable portfolio companies: iCapital Network, Gusto, BoldPenguin, Cowbell Cyber
• Portfolio size: 62 investments and 12 exits

You can refer to their website here.

7. Eventide

Eventide is a Boston-based asset management company that provides investment services to individuals, financial advisors, and institutions. Its venture capital arm invests across a company's full lifecycle, from early stages to post-IPO.

A key aspect of their strategy is a broad investment mandate that covers both early and late venture rounds. While their stated industries include wealth management, their notable portfolio companies like Annexon Biosciences and Beta Bionics reveal a strong focus on healthcare and biotech.

This firm is a good match for founders whose companies have a strong, positive social impact, especially in the life sciences. If you are looking for a long-term partner that can provide capital across multiple growth stages, Eventide is worth considering.

• Investment stages: Early Stage Venture, Late Stage Venture, Post-IPO, Private Equity, Venture
• Industries of focus: Asset Management, Finance, Financial Services, Wealth Management, Healthcare, Biotech
• Geographical presence: Based in Boston, Massachusetts
• Founded year: 2008
• Notable portfolio companies: Annexon Biosciences, Avrobio, Beta Bionics, Aclaris Therapeutics
• Portfolio size: 48 investments and 26 exits

You can refer to their website here.

8. Allied Minds

Allied Minds is a private investment firm that takes a hands-on role, often helping to form, fund, and build the startups it backs from the ground up.

The firm’s model is distinctive because it goes beyond providing capital to actively managing its portfolio companies. While its focus includes financial services, its investments show a strong preference for deep tech and life sciences, with portfolio companies like satellite data firm HawkEye 360 and biotech developer OcuTerra, which entered Phase 2 trials in 2022 according to investor reports.

This firm is a great match if you are a founder in a science or technology-heavy field who wants a partner deeply involved in company building. Their approach is particularly suited for early-stage ventures that can benefit from foundational support.

• Investment stages: Early Stage Venture
• Industries of focus: Financial Services, Wealth Management, Deep Tech, Life Sciences
• Geographical presence: Based in Boston, Massachusetts
• Founded year: 2006
• Notable portfolio companies: HawkEye 360, Federated Wireless, Orbital Sidekick, OcuTerra
• Portfolio size: 32 investments and 4 exits

You can refer to their website here.

What This Tells Us About The VC Scene for Wealth Management Companies

This overview shows a healthy funding environment for companies in the wealth management space. The investor base is well-balanced, with capital available for companies at nearly every stage. You’ll find firms that focus specifically on early rounds, while many others, like AllianceBernstein and William Blair, invest across both early and late stages, offering the potential for long-term partnership.

Geographically, these top firms are concentrated in major U.S. financial hubs, including New York, California, and Boston. The variety of investor types, from global banks to more hands-on, operator-led funds, also means you can be selective in finding a partner whose experience and approach best fit your company’s needs and goals.

Raise Confidently with Rho

A focused list of investors is your most valuable asset when fundraising. It saves you critical time and directs your energy toward the right conversations.

When your round is closed, we're here to support your next phase of growth. Rho can help you set up your financial stack in minutes.

We help you manage your new capital with integrated business banking, corporate cards, and bill pay. Our platform gives you the tools to operate with clarity and control.

FAQs about Venture Capital Firms Focused on Wealth Management

Are there many wealth management VC firms in Europe?

The European fintech scene is growing, with hubs in London, Berlin, and Amsterdam. While many top firms are US-based, a rising number of European VCs are actively investing in wealth management and financial technology startups across the continent.

What do seed stage VCs look for in wealthtech startups?

Seed stage investors focus on the founding team’s expertise, the size of the market opportunity, and early signs of product-market fit. A clear vision and a compelling prototype or minimum viable product are important for securing their interest.

Should I target a specialist fintech VC or a generalist firm?

Specialist fintech VCs offer deep industry knowledge and a relevant network. Generalist firms may provide broader market access. Your choice depends on whether you need targeted expertise or a partner with a more diverse portfolio and perspective.

Where are most US-based financial services venture capital firms located?

Most financial services VCs are concentrated in major hubs like New York City, Silicon Valley, and Boston. These cities offer dense networks of investors, talent, and other financial institutions that can support a growing company's needs.

What is the best way to manage finances after a funding round?

Managing your new capital effectively is important for extending your runway. Our platform provides integrated banking, corporate cards, and spending controls, giving you a clear view of your cash flow. You can get started with Rho in minutes.