Snowden Lane Partners has added a $230 million advisor to its list of seven recruitments for 2023, which have given the hybrid RIA firm a $1 billion boost in AUM.
Former Merrill Lynch vice president and wealth advisor William H. “Trey” Jones III is the latest to join the firm as a partner and managing director, and will form The Jones Group. Jones spent 10 years at Merrill Lynch, having started his career in an operational role before completing the wirehouse’s financial advisor program in 2017 and earning his CFP and CRPC designations.
“Since the beginning of my career, I’ve always sought to meet each of my clients where they are in their financial journeys and deliver bespoke solutions that meet their individual needs. As I examined options for the next phase of my career, Snowden Lane stood out as a destination where I’d be empowered to carry those same values forward. I’m excited to be joining the firm and am looking forward to continuing to provide my clients with creative solutions.”
New York City-headquartered Snowden Lane Partners was founded in 2011 and has expanded nationwide with 140 professionals, including 78 financial advisors across its 13 offices.
It focuses on providing wealth advisory services to high net-worth individuals, families, and institutional clients and has attracted top talent from firms including Morgan Stanley, Merrill Lynch, UBS, JP Morgan, Raymond James, Wells Fargo, and Fieldpoint Private.
The addition of Trey Jones reflects a strong growth year for the firm, which also included a $200 million team that joined from UBS last month.
“We’re consistently looking for quality advisors that align with Snowden Lane’s values and mission to deliver the highest quality advice, and we’re thrilled to welcome Trey to the firm, as he fits that mold perfectly,” said Greg Franks, managing partner, president and chief operating officer of Snowden Lane Partners. “More broadly, I’m extremely proud of the progress our firm has made over the past year amid a competitive recruiting environment and am looking forward to carrying that momentum forward in 2024.”
Michelle Arpin Begina, senior partner and managing director at Snowden Lane Partners, was a speaker at the InvestmentNews Women Advisor Summit last week.
Despite a lighter regulatory outlook and staffing disruptions at the SEC, one compliance expert says RIA firms shouldn't expect a "free pass."
FINRA has been focused on firms and their use of social media for several years.
RayJay's latest additions bolster its independent advisor channel's presence across Pennsylvania, Florida, and Washington.
The deal ending more than 30 years of ownership by the Swiss bank includes six investment strategies representing more than $11 billion in AUM.
Divorce, widowhood, and retirement are events when financial advisors may provide stability and guidance.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
