St. Petersburg, Fla.-based Dynasty Monetary Companions has employed Lindsey Strawhecker as its new director of transitions. Strawhecker, who joined Dynasty after a 19-year stint with Raymond James, will handle the onboarding course of for advisors becoming a member of Dynasty’s impartial wealth administration platform.
“We’re happy with the top-tier transition group we’ve constructed, and Lindsey’s experience will make it even stronger,” Shirl Penney, CEO and founding father of Dynasty Monetary Companions, mentioned in an announcement. “Her management and contemporary views will assist us refine our processes and create a smoother expertise for advisors going impartial.”
Strawhecker will oversee Dynasty’s transition companies group, managing the onboarding of recent advisory corporations and making certain processes are optimized for effectivity and end-client satisfaction. She may even lead collaboration throughout departments to determine finest practices to raise Dynasty’s assist for monetary advisors. She is going to report back to Gordon Ross, chief shopper officer of Dynasty Monetary Companions.
“Dynasty has set the usual for supporting advisors on their journey to independence,” Strawhecker mentioned in an announcement. “I’m desirous to deliver my expertise to a agency that values innovation and collaboration, and I look ahead to working with this distinctive group to make transitions seamless and rewarding for advisors.”
At Raymond James, Strawhecker held management roles in shopper service and transition administration and a supervisory function in compliance. In her most up-to-date place, she led groups targeted on transitions, applied course of enhancements and drove know-how initiatives to streamline advisor onboarding and assist.
The announcement comes on the heels of a flurry of strikes by Dynasty.
In December, it shaped a partnership with Nasdaq Non-public Market to provide personal firm shareholder purchasers entry to Dynasty’s wealth administration and advisory companies. Earlier than that, it formally launched a mannequin portfolio program for its community of impartial advisors known as Mannequin Choose.
In October, Dynasty acquired minority investments from BlackRock and JPMorgan Asset Administration that valued the corporate at $800 million, in line with a Bloomberg report. A month earlier, Dynasty introduced the appointment of Tim Oden, previously of Schwab Advisor Companies, as chief development officer.
Thus far, 58 corporations representing greater than 400 advisors with over $100 billion in platform property have joined Dynasty.