Contact: Samantha Vance
OneAscent Financial
(205) 847-1343
svance@oneascent.com
ONEASCENT FINANCIAL SERVICES MAKES STRATEGIC MINORITY INVESTMENT IN STONEBRIDGE WEALTH MANAGEMENT
BIRMINGHAM, Ala., Sept. 12, 2022 – OneAscent Financial Services is pleased to announce that it has completed a minority investment in Stonebridge Investment Counsel, LLC, a leading wealth manager and multi-family investment office serving high-profile creators, influencers and business managers. The infusion of capital and intellectual alignment will help Stonebridge enhance service offerings for clients and business managers.
Based in Nashville, Tennessee, Stonebridge currently oversees approximately $160 million in assets under management for dynamic clients including athletes, artists and entertainers.
“Stonebridge, with its deep industry expertise and breadth of capabilities in the creator economy, has developed an outstanding client and business manager experience and we are excited to begin working with them on strategic opportunities,” said Rob Grubb, chief operations officer and president of OneAscent Financial Services. “Mitch and his team have done a tremendous job building their business and we look forward to collaborating with them as they enter the next stage of their growth.”
With this partnership, Stonebridge joins a growing community of independent advisors that utilize the OneAscent Platform. OneAscent Financial is the premiere platform for faith-driven advisors to gain independence, grow their businesses and impact the Kingdom.
Mitch Martin, founder and CEO of Stonebridge Investment Counsel, said, “We considered many potential capital and advisory services partners and are thrilled to be building the future of advice in the creator economy with OneAscent. The capital from this investment will be substantially dedicated to positioning our firm for long-term growth. We have a shared commitment to leverage this investment to build a multi-generational firm and make investments to enhance our client and business manager experiences. OneAscent will help us accomplish these strategic goals and we will benefit from their knowledge and experience.”
Stonebridge, an independent, fee-only registered investment adviser, was founded in 2002 specifically to support the complex needs of clients at the crossroads of fame and fortune and their business managers. Stonebridge’s services include wealth management, financial planning, tax minimization and liquidity management for touring entities, loan-out corporations, publishing advances and music catalog sales, as well as credit and specialty lending. In addition, Stonebridge has developed a proprietary suite of services for business managers focused on harnessing the power of true collaboration and improving client outcomes.
ABOUT ONEASCENT
OneAscent is a family of companies committed to delivering Kingdom-class financial solutions to advisors and investors. OneAscent Financial Services provides a platform for independent financial advisors who desire to be a part of something bigger than themselves. Our Values Aligned, Kingdom Driven solutions give advisors the freedom to pursue their calling and focus on their unique gifting – guiding and caring for the clients entrusted to them.
For more information about OneAscent Financial Services, please visit http://financial.oneascent.com/.
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