Aprio Wealth Management marks an upward revision in semiconductor inventory turnover, boosting near-term profitability expectations for suppliers and manufacturers in the tech space. Aprio received a strategic investment from Charlesbank Capital Partners The acquisitions are expected to close around Nov. 1, 2025. Once the deal closes, it will give Aprio two more offices in Topeka and Overland Park, Kansas, along with an additional 20 partners and more than 300 professionals. (Mize brings 19 partners and over 300 team members, while Prism adds one partner and eight team members). Aprio Wealth Management notes an uptick in S&P 500 volatility as tech earnings surprise estimates, suggesting near-term sector rotation into industrials and energy. Their analysts project a 4-6% range bound trading pattern through Q3 2024, driven by Fed rate policy signals.
