Industry News
Emigrant-backed SteelPeak acquires $100m duo of RIAs
Payton Guion / Jul 25, 2023
Robert Venezia of Key Asset Advisors is joining SteelPeak, bringing the firm’s AUM to $2.5bn.
SteelPeak Wealth, based in the Los Angeles suburb of Woodland Hills, Calif.,has acquired a $100m practice, bringing the firm’s total managed assets to $2.5bn.
The company said that it had added advisor Robert Venezia and his two RIAs, Key Asset Advisors and Key Investment Team. With the acquisitions, SteelPeak is opening a Las Vegas office, the company said.
‘SteelPeak Wealth is honored to welcome Robert Venezia to our firm,’ SteelPeak CEO Reza Zamani stated. ‘Robert’s unwavering dedication to his clients’ financial success and his proven track record of delivering bespoke solutions align perfectly with SteelPeak Wealth’s core values. We are excited to have him on board, as his expertise and experience will further enhance the comprehensive services we provide to our valued clients.’
Venezia, who will lead SteelPeak’s new Las Vegas office, founded Key Investment Team in January 2002, according to his LinkedIn profile. Prior to that, Venezia spent nearly 20 years working for Wachovia in California...
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