On August 6, 2025, Ashton Thomas Private Wealth announced its acquisition of Kobo Wealth Conservancy.
Ashton Thomas Private Wealth, LLC (“Ashton Thomas”) announced, on August 6, 2025, its acquisition of Kobo Wealth Conservancy, LLC (“Kobo”). Kobo’s team of experienced wealth management advisors will join Ashton Thomas as the Kobo Private Wealth team, with Cris Borden as Managing Wealth Advisor, Benny Tran as Wealth Advisor, Portfolio Analyst and Catherine Lau as Operations, Private Wealth Client Services. Further terms of the transaction were not disclosed.
Ashton Thomas, based in Scottsdale, Arizona, is a financial services firm providing fee-based financial planning and investment portfolio management, retirement planning, securities brokerage, life and health insurance, and income tax preparation services. As of June 2025, Ashton Thomas had $4.05 billion in assets under management.
Kobo, based in Honolulu, Hawaii, is a registered investment advisory firm that provides bespoke wealth management and financial planning guidance. As of August 2025, Kobo had over $155 million in assets under management.
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