Steward Partners Secures $57B Credit Facility Expansion to Accelerate Growth
Event summary
- Steward Partners refinanced and expanded its senior credit facility, led by Blackstone Credit & Insurance, with participation from new and existing lenders.
- The facility will support additional recruiting, acquisitions, and other growth initiatives.
- Steward Partners' AUA grew from $24 billion to $57 billion since its initial credit facility was established four years ago.
- The firm was ranked #9 on the 2025 Barron's Top 100 RIA Firms list, up from #18 in 2024.
- Steward Partners was named a 2025 Thrivent Employer of Choice by InvestmentNews.
The big picture
Steward Partners' credit facility expansion underscores its aggressive growth strategy in the competitive RIA landscape. The firm's ability to attract high-profile lenders and maintain strong AUA growth highlights its strategic positioning. The expansion positions Steward Partners to further consolidate the independent financial services sector through targeted acquisitions and recruitment.
What we're watching
- Growth Trajectory
- Whether Steward Partners can sustain its rapid AUA growth and maintain its upward momentum in industry rankings.
- Recruitment Strategy
- How the expanded credit facility will impact Steward Partners' ability to attract top talent and advisory teams.
- Acquisition Pace
- The pace at which Steward Partners will pursue and integrate acquisitions to further expand its market presence.
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