Bank team managing $365 million forms hybrid

Bank team managing $365 million forms hybrid
Firethorn Wealth Partners in Augusta, Ga., will use Chalice, tru Independence.
AUG 13, 2018

A team of advisers that managed $365 million in assets at South State Bank in August, Ga., have formed their own hybrid firm, Firethorn Wealth Partners. The firm is a registered investment adviser, and has affiliated with Chalice Capital Partners as its broker-dealer. It also will use the tru Independence wealth management platform. Firethorn's founders — Scott Benjamin, Jerry Rogers and Kevin Sweeney — have worked in the securities industry since the 1990s.

Latest News

Crypto has arrived in the brokerage account but what does it mean for advisors?
Crypto has arrived in the brokerage account but what does it mean for advisors?

Prometheum's Aaron Kaplan on why clearing ETH inside a US brokerage account changes the conversation and what still needs to happen before adoption scales.

Technology Is Moving Fast. Adoption Shouldn’t Be Rushed
Technology Is Moving Fast. Adoption Shouldn’t Be Rushed

The tools are evolving rapidly, but in wealth management, the real challenge isn’t access. It’s integration, security, and discipline.

Lawyer exits case of former JPMorgan Chase banker whose sexual assault claims went viral
Lawyer exits case of former JPMorgan Chase banker whose sexual assault claims went viral

Chirayu Rana’s lawsuit has garnered massive attention on Wall Street.

Schwab advisor arrested for domestic violence charges
Schwab advisor arrested for domestic violence charges

Terrance L. Hayes was arrested April 20 and charged with two felonies.

Most Americans are at risk of outliving their retirement savings
Most Americans are at risk of outliving their retirement savings

People are living longer, but new research warns that many may outlive their savings.

SPONSORED When Growth Outruns the System

According to Flyer Financial Technologies, rising portfolio complexity is exposing the limits of legacy infrastructure and widening the gap between automation and reality

SPONSORED Why strategy matters more than performance

In volatile markets, the advisors who win aren't the ones with the best calls - they're the ones whose clients stay the course.