Goldman Sachs backs The Private Office in growth deal
What's the deal? Goldman SachsDealroom has a profile for this one. Try Dealroom → has made a growth equity investment in The Private OfficeDealroom has a profile for this one. Try Dealroom →, the wealth advisory firm founded by Stuart Phillips. The bank leads the round, announced in 2026.
What's the endgame? Phillips frames the deal as capital for the firm's next phase, not a sale. He says control "was never up for" negotiation, and describes the investment as fuel for growth rather than an exit.
Why it matters: The raise comes soon after The Private Office's previous funding, marking a quick return to market. Phillips chose Wall Street backing over private equity for this round. Taking on an institutional backer like Goldman Sachs can raise expectations for scale and returns, but Phillips insists the deal preserves his control of the business.
The signal: A quick re-raise, led by a major Wall Street name, points to continued investor appetite for wealth advisory firms — and a founder betting that growth capital beats a full exit.
Read more: WorldNews
