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.
It is not clear how many employees will be affected, but none of the private partnership’s 20,000 financial advisors will see their jobs at risk.
The historic summer sitting saw a roughly two-thirds pass rate, with most CFP hopefuls falling in the under-40 age group.
"The greed and deception of this Ponzi scheme has resulted in the same way they have throughout history," said Daniel Brubaker, U.S. Postal Inspection Service inspector in charge.
Elsewhere, an advisor formerly with a Commonwealth affiliate firm is launching her own independent practice with an Osaic OSJ.
A survey reveals seven in 10 expect it to be a source of income, while most non-retired respondents worry about its continued sustainability.
Stan Gregor, Chairman & CEO of Summit Financial Holdings, explores how RIAs can meet growing demand for family office-style services among mass affluent clients through tax-first planning, technology, and collaboration—positioning firms for long-term success
Chris Vizzi, Co-Founder & Partner of South Coast Investment Advisors, LLC, shares how 2025 estate tax changes—$13.99M per person—offer more than tax savings. Learn how to pass on purpose, values, and vision to unite generations and give wealth lasting meaning
