Arizona advisory firms partner to create $730M business

Ashton Thomas Private Wealth in Scottsdale, Ariz., will see a near-50% increase in assets under management to $730 million through a partnership with Tucson-based Financial Architects.
JAN 10, 2018
Ashton Thomas Private Wealth in Scottsdale, Ariz., will see a near-50% increase in assets under management to $730 million through a partnership with Tucson-based Financial Architects. The partnership, which does not include any exchange of equity, will establish Financial Architects as a rebranded Tucson branch of Ashton Thomas, which had nearly $500 million under management prior to the merger. Ashton Thomas, which was launched three years ago when a team broke away from Gentry Wealth Management in Scottsdale, also has a branch office in Draper, Utah. Financial Architects, which has a history dating to 1965 and is one of the oldest financial advisory firms in Arizona, has been owned since 2007 by Brienne Dylewski. Ms. Dylewski joined the firm in 2003, became a part owner in 2007, and a full owner in 2013. Ms. Dylewski was part of the InvestmentNews 2017 class of 40-under-40 financial advisers. Prior to the transition to Ashton Thomas, Financial Architects was affiliated with KMS Financial Services.

Latest News

Merrill to pay $39 million in cash sweep settlement
Merrill to pay $39 million in cash sweep settlement

The financial advice industry has been facing inquiries into its cash sweep programs for years now.

SEC accuses fund advisor of defrauding SpaceX, OpenAI investors
SEC accuses fund advisor of defrauding SpaceX, OpenAI investors

Investor money allegedly went to strip clubs, exotic cars, and landscaping

RIA moves: Savant enters Thousand Oaks as Procyon lands in New Jersey
RIA moves: Savant enters Thousand Oaks as Procyon lands in New Jersey

Procyon adds $415 million in assets under management in New Jersey while Savant picks up a $213 million Southern California planning firm

Beyond sell or inherit: A third exit for appreciated property
Beyond sell or inherit: A third exit for appreciated property

With a growing number of real estate-rich Baby Boomers aging into retirement, some advisors may be failing to consider all the options available for those clients' assets.

AI marketing adoption gap costs financial firms revenue
AI marketing adoption gap costs financial firms revenue

Cornerstone Advisors study reveals compliance bottlenecks stall campaigns weeks after customer opportunities close.

SPONSORED In the Age of AI, Trust Becomes the Advisor's Greatest Asset

As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains