Dynasty Financial Partners is crossing the border and headed north.

The New York-based outsourcing provider for high-end wealth managers and breakaway brokers announced a “strategic relationship” on Wednesday with Richardson GMP, one of Canada’s largest independent wealth management firms, with over 150 advisors, $15 billion in assets and high-end clients including professional athletes and entertainers.

Dynasty’s network includes 17 firms in the United States advising over $16 billion in client assets. The two firms both have a “boutique culture and fiduciary mindset” that are well-matched, Todd Thomson, Dynasty's chairman, said in a statement.

“In today's world of highly mobile professional athletes, entertainers and entrepreneurs, an ability to provide a North American wealth management solution is essential,” he said.

Andrew Marsh, Richardson's CEO, said his firm is looking forward to working with Dynasty “on cross-border solutions for all of our clients, as well as cross-border opportunities for both our advisor networks.”

"Covering clients in Canada for US based advisors can sometimes be challenging,” Shirl Penney, Dynasty's CEO, said in an interview. “This unique partnership with Richardson will allow our network of advisors to have access to a comprehensive wealth management platform in Canada for their Canadian based clients."

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