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

5 best practices to brand your process & win more busines
5 best practices to brand your process & win more busines

Advisors can set their practice apart and win more business with a powerful graphic describing their unique business and value proposition.

Industry, financial experts sound off after DOL walks back crypto warning for 401(k)s
Industry, financial experts sound off after DOL walks back crypto warning for 401(k)s

The Labor Department's reversal from its 2022 guidance has drawn approval from crypto advocates – but fiduciaries must still mind their obligations.

Autopilot surges to $750M AUM, touts RIA growth as users copy Pelosi, Buffett trades
Autopilot surges to $750M AUM, touts RIA growth as users copy Pelosi, Buffett trades

With $750 million in assets and plans to hire a RIA Growth Lead, Autopilot is moving beyond retail to court advisors with separately managed accounts and integrations with RIA custodians such as Schwab and Fidelity.

RIA wrap: Former Procyon advisors launch Third View, ex-Rochdale CEO resurfaces in New York
RIA wrap: Former Procyon advisors launch Third View, ex-Rochdale CEO resurfaces in New York

Elsewhere on the East Coast, a Boca Raton-headquartered shop has acquired a fellow Florida-based RIA in "a natural evolution for both organizations."

$43B Beacon Pointe taps seasoned retirement plan specialist to lead in DFW region
$43B Beacon Pointe taps seasoned retirement plan specialist to lead in DFW region

After advising on nearly $700 million in retirement assets, 27-year veteran Greg Mykytyn is bringing his expertise in ESOP and 401(k) plans to the national RIA in Texas.

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave

SPONSORED The evolution of private credit

From direct lending to asset-based finance to commercial real estate debt.