Is there room for a financial advisory firm with 150 elite RIAs and more than $50 billion in assets under management? Dynasty Financial Partners thinks so, and is betting that the stream of brokers leaving wirehouse firms will buoy its recruitment and growth. It also hopes to lure advisors with strong investment products in the capital markets, alternative investments, institutional-quality research and insurance and trust services. Plans call for recruiting advisor teams and individuals with more than $300 million in assets under management. To help pull this off, in April the company hired Loren Morris as its partner and director of RIA Services. Morris was previously the national head of the consolidator segment for Schwab Advisor Services' strategic development group.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access