Certuity, a multifamily office and wealth management firm formerly known as Camden Capital, said Monday that Daniel Lee has joined the firm from First Republic Bank.
At Certuity, Lee will serve as chief revenue officer and wealth advisor. In a statement, the firm said Lee was responsible for bringing in $7 billion in client assets in his time at First Republic.
According to his BrokerCheck report, Lee had been affiliated with First Republic since 2013. Prior to First Republic, Lee was a private client advisor at U.S. Trust and an advisor in Merrill Lynch’s global wealth management division, the firm said.
Certuity oversees $3.6 billion in assets, according to its latest Form ADV, and operates offices in New York City, North Palm Beach, Florida, and Manhattan Beach and Santa Monica, California.
Federal prosecutors say the scheme used fake investment accounts and a fictitious financial advisor to lure victims into romance-fueled fraud.
Morgan Stanley sought to claw back recruiting bonus money from Darryl Cohen.
Referrals from centers of influence may open the door, but the real key to success for advisors comes from clarity about their ideal clients and where they want to show up.
Three advisor groups overseeing more than $700M in combined client assets head to new firms.
New research finds most Americans fear a US retirement crisis, while skepticism grows toward AI financial advice and crypto in retirement plans.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
