Dynasty Continues Winning Streak: Woos Craig Findlay And Billion Dollar Former UBS Team

That didn’t take long. In a quick turnaround, Craig Findlay and a large portion of his former UBS team, has stood up an RIA in Ohio. After evaluating several suitors Mr. Findlay chose Dynasty’s platform and partner service providers to relaunch his pension based financial services practice. 

Via AdvisorHub:

“Craig Findley, the celebrated UBS Financial Services broker in Ohio who was dismissed in April for non-client-related policy violations, has recruited ten members of his former 36-person team to work at Venture Visionary Partners, the investment advisory firm he registered in late May.”

“Findley, a Barron’s Top 1200 Advisors for eight of the past nine years who formerly co-chaired an internal broker advisory committee to UBS management, said in an interview that individual and pension plan customers he has developed over his almost 27-year career are enthusiastic about his new venture.”

“We already have several hundred million dollars” of assets, he said of his new firm in Sylvania, Ohio, near Toledo, “and several hundred million have committed to transfer to us.”  Clients have been “amazing,” he said, noting that one is letting his team use temporary space as his RIA builds its new office. (The effective registration date of his new RIA was June 21, according to a regulatory filing.)”

Mr. Findlay made the wire to wire transition from Merrill Lynch to UBS in late 2011. Principally partnered with Ken Wise at the time, who currently remains at UBS as if this writing. It will be of interest to watch developments there as a longer game plan could be afoot between the two, with Mr. Wise contemplating joining the new RIA venture at a later date. To date we’ve not been aware of any acrimony between the two former partners. 

Meanwhile, Dynasty continues to stack up wins in the recruiting department. Having moved into second place amongst this years ‘recruiting winners’ according to records kept at AdvisorHub. A newly announced recruiting deal that offers 100% in upfront cash compensation should allow Dynasty to keep up the momentum. 

Bringing in billion-dollar teams from wirehouses across the country has become Dynasty’s modus operandi In 2019. With the announcement of Mr. Findlay and his team it doesn’t look like they are taking the foot off the gas here; rather, mashing it to the floor.

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