Accessibility Statement Skip Navigation
  • Resources
  • Investor Relations
  • Journalists
  • Agencies
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • All Public Company
      • English-only
      • News Releases Overview

      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
      • Multimedia Gallery Overview

      • Trending Topics

      • All Trending Topics
  • Business & Money
      • Auto & Transportation

      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • Auto & Transportation Overview

      • View All Auto & Transportation

      • Business Technology

      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • Business Technology Overview

      • View All Business Technology

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Financial Services & Investing

      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • Financial Services & Investing Overview

      • View All Financial Services & Investing

      • General Business

      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • General Business Overview

      • View All General Business

  • Science & Tech
      • Consumer Technology

      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • Consumer Technology Overview

      • View All Consumer Technology

      • Energy & Natural Resources

      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • Energy & Natural Resources Overview

      • View All Energy & Natural Resources

      • Environ­ment

      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • Environ­ment Overview

      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • Heavy Industry & Manufacturing Overview

      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • Telecomm­unications Overview

      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • Consumer Products & Retail Overview

      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Health

      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • Health Overview

      • View All Health

      • Sports

      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • Sports Overview

      • View All Sports

      • Travel

      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • Travel Overview

      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • Policy & Public Interest Overview

      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • People & Culture Overview

      • View All People & Culture

      • In-Language News

      • Arabic
      • español
      • português
      • Česko
      • Danmark
      • Deutschland
      • España
      • France
      • Italia
      • Nederland
      • Norge
      • Polska
      • Portugal
      • Россия
      • Slovensko
      • Suomi
      • Sverige
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Report Results
  • Amplify Content
  • All Products
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Hamburger menu
  • PR Newswire: news distribution, targeting and monitoring
  • Send a Release
    • ALL CONTACT INFO
    • Contact Us

      888-776-0942
      from 8 AM - 10 PM ET

  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Report Results
  • Amplify Content
  • All Products
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS

Loop Capital Expands Athlete Wealth and Family Office Platform, Bringing Institutional Scale Through Life Line Transaction

Logo for Loop Capital

News provided by

Loop Capital

Oct 08, 2026, 11:07 ET

Share this article

Share toX

Share this article

Share toX

Transaction unites high-touch wealth and family office services with Loop Capital's growing wealth platform, combining personal service with institutional resources to help athletes, entertainers, entrepreneurs and executives build, protect and preserve generational wealth.

CHICAGO, Oct. 8, 2026 /PRNewswire/ -- Loop Capital and Life Line Holdings today announced that they have closed an asset transfer agreement covering specified assets from Life Line's wealth management and family office businesses. The transaction expands Loop's growing wealth and family office platform and advances the firm's strategy of serving athletes, entertainers, entrepreneurs, executives and families whose financial lives increasingly extend beyond traditional investment management.

Continue Reading
Headshot of Jim Reynolds, CEO of Loop Capital, smiling
Headshot of Jim Reynolds, CEO of Loop Capital, smiling

The transaction is intended to preserve the personal service Life Line clients value while connecting transitioning clients to Loop's broader investment resources, specialized expertise and institutional capabilities. Founded by Humble Lukanga, Life Line built its business around close client relationships and high-touch financial stewardship across sports, entertainment and business.

For nearly 30 years, Loop Capital has been guided by a client-first philosophy. Jim Reynolds founded the firm in 1997 on the guiding principle, "To provide client service beyond expectations," and that focus remains central as Loop expands its wealth and family office platform.

"Successful athletes and entertainers are often building significant wealth at the same time they're managing demanding careers, business opportunities, family responsibilities and decisions that can have consequences for decades," said Jim Reynolds, founder, chairman and CEO of Loop Capital. "They need more than investment products or performance reports. They need people who understand the full picture, can bring the right resources together and can help them make informed decisions about how to protect, manage and grow what they are building now, and preserve it long after their playing or performing careers end."

"Life Line was built around knowing our clients personally, understanding what matters to them and serving them with care and integrity," said Humble Lukanga, founder and owner of Life Line Holdings. "This next chapter gives transitioning clients the opportunity to maintain that personal approach while gaining access to Loop's broader capabilities and resources."

A Client-First Philosophy, Built Over Nearly 30 Years
Loop's approach to wealth management reflects the same client focus that has shaped the firm since its founding. It begins with understanding each client's priorities, aspirations and long-term goals and bringing together the resources needed to support the growth, preservation and transfer of wealth across generations.

For clients transitioning from Life Line, Loop's wealth management platform is designed to coordinate the financial, planning and administrative needs that often accompany complex wealth, while drawing on the broader capabilities of Loop Capital

Institutional Capabilities for a Broader Wealth Platform
Founded in Chicago in 1997, Loop has grown from six professionals into a global financial services firm with nearly 300 professionals and over $12 billion in assets under management, including Loop's general partnership interest in JLC Infrastructure. Its businesses span investment banking, capital markets, asset management, financial consulting, sports and entertainment advisory and wealth management. The firm reports $7 trillion in debt and equity underwriting mandates since inception.

Loop Wealth brings the institutional capabilities, relationships and perspective of Loop Capital to the personal financial lives of individuals and families across wealth management, family office services, sports and entertainment and financial education.

From Earning Wealth to Building Ownership
Loop has long combined financial discipline with an entrepreneurial approach to helping clients preserve and grow wealth. For example, in 2021, Reynolds assembled an athlete-led group that included Charles Barkley, Devin Booker, Derrick Rose and D'Angelo Russell to finance the growth and national expansion of Coco5, a coconut-water-based hydration company. The investment drew on relationships Reynolds has built in the sports world as an adviser, mentor and investment partner to professional athletes. That work was highlighted in a 2025 Inc. profile that described Loop as the "biggest Black-owned investment bank in the world" and explored Reynolds' efforts to help athletes think beyond their playing careers toward investment, ownership and long-term wealth creation.

That ownership strategy continues to define Loop's approach. A July 2026 Forbes article, 'The Rise of the Athlete Investing Collective,' highlighted Loop's efforts to connect athletes with private-market opportunities and longer-term wealth creation. Loop's athlete-led Coco5 was designed to help athletes participate as owners and investors, not simply endorsers.

Loop's wealth platform also emphasizes financial education and client participation in decision-making with a focus on helping clients understand investment fundamentals, compounding, business structures, taxes, risk and long-term planning so they can participate actively in decisions rather than simply receiving recommendations.

"We want clients thinking not only about what they earn today, but about what they can own tomorrow," Reynolds said. "Our goal is to connect personal advice with the resources to evaluate opportunities, manage complexity and build lasting family wealth."

About Loop Capital
Loop Capital is a diversified financial services firm providing investment banking, capital markets, asset management, financial consulting and wealth management services. Founded in Chicago in 1997, Loop has grown to nearly 300 professionals and serves corporate, governmental, institutional and high-net-worth clients. Loop Wealth Holdings is the firm's wealth management and sports and entertainment advisory business, serving high-net-worth individuals and families—including athletes, entertainers, entrepreneurs, executives, as well as owners and investors in sports and entertainment assets. The business provides family office solutions, strategic and financial advisory services, and access to public and private investment opportunities, drawing on the institutional capabilities, relationships and resources of Loop Capital.
https://www.loopcapital.com/

About Loop Sports & Entertainment
Loop Sports & Entertainment, a division of Loop Capital, is an integrated advisory and commercialization platform serving the global sports and entertainment industry. LSE advises team owners, leagues, universities, developers and investors on the financing, development and commercialization of sports and entertainment assets. Its capabilities span stadium, arena and mixed-use district financing, naming rights and strategic partnerships, capital raising, valuation, strategic advisory and ownership transactions. Leveraging Loop Capital's established public finance, capital markets, infrastructure, consulting, and wealth management platforms, LSE delivers comprehensive solutions that align capital strategy with long-term commercial value.

About Life Line Holdings
Founded by Humble Lukanga, Life Line Holdings is a boutique business and wealth management firm built around a deeply personal approach to financial stewardship. The firm serves accomplished individuals and families across sports, entertainment and business, including elite NFL and NBA athletes, celebrated actors and actresses, leading creators and entrepreneurs.

Life Line and Lukanga have been recognized annually since 2018 on The Hollywood Reporter's list of Hollywood's Top Business Managers.

Media Contact:
Miguel Alfonso
[email protected]

SOURCE Loop Capital

21%

more press release views with 
Request a Demo

Modal title

Contact PR Newswire

  • Call PR Newswire at 888-776-0942
    from 8 AM - 9 PM ET
  • Chat with an Expert
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices

Products

  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Report Results
  • Amplify Content

About

  • About PR Newswire
  • About Cision
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Italy
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United Kingdom
  • Vietnam

My Services

  • All New Releases
  • Platform Login
  • Data Privacy

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Platform Login
  • ProfNet
Call PR Newswire at
888-776-0942
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookies
Copyright © 2026 Cision US Inc.