Aspen Standard Wealth Acquires SKY Investment Group, an $880 Million AUM RIA in Hartford

Audio By Carbonatix

NEW YORK--(BUSINESS WIRE)--Jul 9, 2025--

Aspen Standard Wealth, LLC (“Aspen”), a long-term partner and permanent home for successful independent advisory firms, today announced its acquisition of SKY Investment Group, LLC (“SKY”), a Hartford, Connecticut-based RIA with $880 million in assets under management (AUM).

Founded in 2005, SKY is an independent, research-driven money management firm that provides investment management and related wealth management services to individuals, families, businesses, and institutions. The firm is particularly known for its work with family principals who prioritize multigenerational education and the responsible transfer of wealth.

“We are incredibly excited to partner with Aspen and to work together to develop the next stage of SKY’s growth story,” said Robert Bingham, CFA, firm Founder and Chief Investment Officer. “In Aspen, we’ve found a durable platform and a partner that respects our legacy, culture, and long-term vision for the future—and that is incredibly reassuring and empowering.”

Aspen takes a differentiated approach to RIA partnerships: it does not buy to sell, instead investing in enduring partnerships that preserve firm identity, empower leadership, and drive sustainable growth.

“SKY is exactly the kind of firm we built Aspen for—deeply client-centric, values-led, and forward-thinking,” said Aly Kassim-Lakha, CEO of Aspen. “We’re honored to support their next phase of growth with long-term capital, infrastructure, and partnership.”

Aspen’s acquisition of SKY represents the third acquisition that Aspen has completed. Previous acquisitions include New England Private Wealth Advisors, LLC, and Summitry, LLC.

About Aspen Standard Wealth, LLC

Aspen Standard Wealth acquires leading RIAs and provides them with a permanent home. Aspen’s partnership model supports long-term growth, talent development, and legacy preservation while enabling firm leaders to operate independently. Aspen is not a registered investment adviser. Investment advisory services are delivered by its RIA partners. Learn more at aspenstandardwealth.com.

About SKY Investment Group, LLC

SKY Investment Group is an independent, research-driven, direct-instrument money management firm based in Hartford, Connecticut. SKY provides investment management and related wealth management services to individuals, families, businesses, and institutions. Learn more at SKY Investment Group.

View source version on businesswire.com:https://www.businesswire.com/news/home/20250709892309/en/

CONTACT: Media contact:

Michael Walsh

612-718-8952

[email protected]&A contact:

Hao Qin

650-387-4243

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE CONSULTING ASSET MANAGEMENT BANKING PERSONAL FINANCE

SOURCE: Aspen Standard Wealth, LLC

Copyright Business Wire 2025.

PUB: 07/09/2025 08:00 AM/DISC: 07/09/2025 08:00 AM

http://www.businesswire.com/news/home/20250709892309/en