On June 2, 2025, Steward Partners announced its acquisition of Desert Sky Advisors.
Steward Partners (“Steward”) announced, on June 2, 2025, that it acquired Desert Sky Advisors (“Desert Sky”). Desert Sky brings three professionals to Steward, along with Desert Sky’s Managing Director, Matt Clay. Further terms of the transaction were not disclosed.
Steward, based in New York, is an independent financial services firm that offers wealth management solutions for families, businesses, and multigenerational investors. As of January 2025, Steward managed over $40 billion in client assets.
Desert Sky, based in Scottsdale, Arizona, is a wealth advisor offering investment planning, estate planning strategies, risk management, retirement planning, and tax management services. Desert Sky has approximately $225 million in assets under management.
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