Dynasty has officially added two firms in as many days to its network as the titanic RIA platform welcomes a breakaway advisor team in the East Coast.
On Wednesday, Dynasty Financial Partners announced the launch of TritonPoint Wealth, a Washington, DC-based RIA managing approximately $1.6 billion in assets, on its independent advisor platform.
Led by roughly half a dozen financial professionals from Goldman Sachs, the RIA consists of a 16-person group serving business owners, entrepreneurs, professionals, and families across the US.
The defectors from Goldman include partners Andrew Schiff, Greg Blake, and Will Sterling, as well as managing director Gregory Powers and vice presidents Jonathan Rosner and Peter Halbrook.
The TritonPoint leadership team also includes partner and COO Deatra Vailes.
Schiff, a 26-year veteran of the industry, said the transition to independence will provide greater flexibility in the investment offerings they can recommend to clients.
“Being independent enables us to fully untap the investment acumen of our advisors and staff solely for the benefit of our clients,” he said in a statement Wednesday. “For the first time, we have the ability to explore alternative investments and design bespoke solutions – free of the constraints and commoditization of a large investment bank.”
TritonPoint plans to expand both organically by adding new clients and inorganically by recruiting advisors and advisory firms that share its vision for independent wealth management.
Shirl Penney, CEO of Dynasty Financial Partners, welcomed the firm to the network.
“We are honored the TritonPoint team chose to join Dynasty’s family of liberated, self-sufficient firms,” he said. “They understand the advantages of true independence and the pride that comes with working authentically with their clients.”
TritonPoint's launch in DC comes a day after Dynasty welcomed SageSpring Wealth Partners, a $6.3 billion RIA in Nashville that was previously with Raymond James. In October, Dynasty got fresh fuel for its growth strategy as it closed a minority capital raise from a coalition of investors that included strategic investments from Schwab, BlackRock, and JPMorgan Asset Management.
From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.
Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.
“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.
Sellers shift focus: It's not about succession anymore.
Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
