San Francisco-based RIA Robertson Stephens has announced another move broadening its footprint in the Western US.
The firm has officially welcomed Three Points Financial, a Colorado-based RIA firm managing approximately $118 million in assets.
Mary Alpers, founder of Three Points Financial, will take on the role of managing director and principal at Robertson Stephens. Her Colorado Springs office will now operate under the Robertson Stephens brand, and her long-time colleague, Michelle Williamson, will join her in the transition.
The addition of Three Points Financial brings Robertson Stephens' total advisory assets to around $5.4 billion, spread across 20 locations nationwide, including major US wealth hubs such as San Francisco, New York, Seattle, and Denver.
Robertson Stephens officially crossed the $5 billion mark in March as it welcomed a practice in Connecticut.
"Mary has built a great reputation for providing financial planning and tax guidance to her clients that integrates their financial goals, needs, and aspirations," Raj Bhattacharyya, chief executive officer of Robertson Stephens said in a statement. "Mary and Michelle allow us to bolster our presence in Colorado as we add a new office in Colorado Springs."
Alpers noted an alignment in culture and values between the two firms, with a shared focus on financial planning and entrepreneurial cultures.
"As I planned for my future, I realized Three Points Financial needed to add more scale and services for our clients," said Alpers, a veteran of the industry with two decades of experience as an investment advisor. “I look forward to working with the whole Robertson Stephens team to provide my clients further financial peace of mind."
With a specialization in wealth planning, investment management, and tax planning, Alpers has built up a solid track record of working with high-net-worth individuals and families, including professional couples, women and widows, retirees, and small business owners.
Prior to the merger, she served as president of Three Points Financial, previously known as Alpers Financial Planning.
Also, wealth.com enters Commonwealth's tech stack, while Tifin@work deepens an expanded partnership.
Back office workers and support staff are particularly vulnerable when big broker-dealers lay off staff.
The fintech giant is doubling down on its strategy to reach independent advisors through a newly created leadership role.
The two firms are strengthening their presence in California with advisor teams from RBC and Silicon Valley Bank.
The high court's decision rebuffing Alpine Securities marks a setback for a broader challenge to Wall Street's reliance on self-regulatory organizations.
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.
