Dynasty Financial Partners is making it easier for advisors to transition and thrive on its independent wealth platform with a new veteran hire.
The firm's newly announced director of transitions, Lindsey Strawhecker, brings nearly two decades of experience to her role of enhancing support for advisors joining its independent wealth management platform.
Based in Saint Petersburg, Florida, Strawhecker will leverage her solid track record.in financial operations, advisor onboarding, and compliance as she leads Dynasty’s transition services team.
“We’re proud of the top-tier transition team we’ve built, and Lindsey’s expertise will make it even stronger,” Shirl Penney, CEO and founder of Dynasty Financial Partners, said in a statement Monday. “Her leadership and fresh perspectives will help us refine our processes and create a smoother experience for advisors going independent.”
Reporting to Gordon Ross, Dynasty's chief client officer, Strawhecker will take on a wide ambit of responsibilities including managing the onboarding process for new advisory firms and streamlining operational procedures to ensure a smooth experience for advisors and their clients. She will also collaborate across departments to implement best practices aimed at improving the firm's transition support.
She joins Dynasty after a 19-year tenure at Raymond James, where she held leadership positions in client service, compliance, and transition management. Her focus included implementing process improvements and driving technology initiatives to enhance advisor onboarding.
“Dynasty has set the standard for supporting advisors on their journey to independence,” Strawhecker said. “I’m eager to bring my experience to a firm that values innovation and collaboration, and I look forward to working with this exceptional team to make transitions seamless and rewarding for advisors.”
In the past six months, the top-ranked destination for independent-minded advisors has seen some significant changes at the top. In September, it announced a raft of leadership appointments including Marc Hineman as its new COO and the promotion of Tim Oden, formerly from Schwab, as chief growth officer.
Strawhecker's hiring also comes in the aftermath of Dynasty securing a significant capital infusion in October from a coalition of strategic investors including BlackRock, JPMorgan Asset Management, and Schwab.
Rajesh Markan earlier this year pleaded guilty to one count of criminal fraud related to his sale of fake investments to 10 clients totaling $2.9 million.
From building trust to steering through emotions and responding to client challenges, new advisors need human skills to shape the future of the advice industry.
"The outcome is correct, but it's disappointing that FINRA had ample opportunity to investigate the merits of clients' allegations in these claims, including the testimony in the three investor arbitrations with hearings," Jeff Erez, a plaintiff's attorney representing a large portion of the Stifel clients, said.
Chair also praised the passage of stablecoin legislation this week.
Maridea Wealth Management's deal in Chicago, Illinois is its first after securing a strategic investment in April.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
