Executive Briefing
Not Just Succession
Why M&A has become a growth strategy
How growth, talent, technology, and capital, not retirement alone, now drive the most consequential deals in wealth management.
An investment bank for wealth management
Wealth management is our only industry. M&A is our discipline.
We help wealth management firms unlock liquidity, growth, and lasting performance through M&A advisory, strategic advisory, and principal investing.
$1T+Client Assets Managed by Firms Our Principals Have Advised or Invested In
25+Years of Wall Street Experience Leading Our Work
10Principal Investments, Three of Them Monetized
4Books on M&A Published by McGraw-Hill
Latest from NCP
Our current thinking
FLASH UPDATESEC Targets RIA Consolidators in 2027 Priorities
Watch on YouTube ↗How we work with firms
Three distinct business lines
Deal size typically decides our role, and we define it up front on every transaction.
M&A Advisory
Sell-side, buy-side, and minority transactions, recapitalizations, and partner liquidity and succession.
Explore M&A advisory →Strategic Advisory
CEO-level advice for firms growing quickly or navigating transformative events.
Explore strategic advisory →Principal Investing
Supportive, non-control capital for innovative firms led by exceptional management teams.
Explore principal investing →Client stories
Long relationships, measurable results
<$10B → ~$185B
A long-term partner to Pathstone
Acquisitions, a recapitalization, and an NCP investment across a relationship that began around 2014.
Read the story →
$4B → $10B
A strategic partner to SignatureFD
CEO-level advice on profit improvement, equity succession, and the balance sheet since 2020.
Read the story →Selected transactions
Firms we have advised or invested in
Senior-led from day one
The team you will work with
In the news
Commentary featured in
Barron’sForbesCitywireThinkAdvisorInvestmentNewsWealthManagement.com
Executive Briefings
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Practical research for owners and CEOs of wealth management firms, on M&A, valuation, succession, and firm building. A few times a year, never more.
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Senior bankers, one industry, and a process built around your objectives.