Eight advisers managing $355 million affiliate with Kingswood US

Eight advisers managing $355 million affiliate with Kingswood US
Two advisers came from Merrill Lynch, others from independent brokerages.
JUL 19, 2022

Eight financial advisers managing almost $355 million have affiliated with Kingswood U.S., a New York-based network of two registered investment advisory firms and two broker-dealers which collectively oversee $3 billion.

The new affiliates are:

  • Conrad Branson, of Birchwood Wealth Advisors in Kentfield, California, who managed $150 million at Merrill Lynch.
  • Jason Nickels, who managed $70 million at Merrill Lynch in Simi Valley, California.
  • Daniel F. Spagnolo, of Dynamic Financial Services in Huntington Station, New York, who manages $60 million and was previously affiliated with American Portfolios Financial.
  • Debinder Deshmukh, Kalyan Kavili and Krishna Grandi, who manage $25 million in Miami, Florida, and were formerly affiliated with Benchmark Investments.
  • William Bianchi, of Bianchi Financial Services in Rochester and Buffalo, New York, who manages $25 million and was formerly affiliated with Lincoln Financial.
  • Regina Faison, of Faison Wealth Strategy in Foothill Ranch, California, who manages $25 million and was formerly affiliated with World Equity Group.

"Kingswood U.S. has built its reputation among independent financial advisors as a wealth management network with the resources and flexibility to accommodate a wide range of successful practices,” said Michael Nessim, CEO, president and managing partner of Kingswood U.S.

Latest News

GWG’s Heppner hires Puff Daddy’s attorneys as criminal sentencing looms
GWG’s Heppner hires Puff Daddy’s attorneys as criminal sentencing looms

According to a federal charges Bradley Heppner, 60, received more than $150 million in payments through funneling money from GWG Holdings to a shell company.

Fintech bytes: FINNY signs Visionary Square for pay-as-you-go AI prospecting program
Fintech bytes: FINNY signs Visionary Square for pay-as-you-go AI prospecting program

TCI Wealth Advisors also has also tapped JIFFYAI to unify onboarding and servicing, while TradePMR adds ICE market data to its Fusion advisor platform

RIA moves: Kintra Wealth adds $355M Great Scott Financial practice
RIA moves: Kintra Wealth adds $355M Great Scott Financial practice

Also, CAPTRUST adds a $300 million planning team from Sanctuary in its home market of Raleigh, and Sequoia Financial Group buys a Boulder family office.

Meta deal shields Zuckerberg from California wealth tax bill
Meta deal shields Zuckerberg from California wealth tax bill

New nonvoting shares would let the Meta CEO cover eyed Proposition 40 tax without losing control, in exchange for an eight-year residency pledge

Inheritance conflict is the rule, not the exception, Wells Fargo finds
Inheritance conflict is the rule, not the exception, Wells Fargo finds

New research exposes a wide gap in how affluent parents and their adult children understand and prepare for the transfer of family wealth.

SPONSORED Built on insurance experience to deliver on long-term promises

Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.

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