Dynasty Financial Partners, a leading advocate of the independent wealth management movement, is excited to announce a strategic collaboration with Goldman Sachs through which Goldman Sachs Custody Solutions will become one of the preferred custodians to Dynasty’s Independent RIA Network, underscoring Dynasty’s commitment to delivering comprehensive services through elite collaborations.

According to Shirl Penney, Founder & CEO of Dynasty Financial Partners, “Goldman Sachs is one of the premier global brands in financial services. By integrating Goldman Sachs’ custodial services, asset management, lending, and capital markets expertise into Dynasty’s full suite offering for RIAs, we are significantly enhancing the breadth and quality of services available to our network of Independent Advisors. This collaboration represents a significant milestone in our ongoing mission to provide unparalleled support and resources, ensuring that our Network Partners have access to the high-quality tools, technology, products, and expertise in the industry.”

Key Highlights of the collaboration include:

• Dynasty Financial Partners and Goldman Sachs Custody Solutions have developed technology that integrates with Dynasty’s Turnkey Asset Management Program (TAMP), to support a smooth and efficient experience for Dynasty RIA Network Partners.
• The combination of Dynasty Financial Partners’ extensive RIA expertise and strong industry reputation with Goldman Sachs’ institutional-grade resources and distinguished standing, positions both parties to enhance and expand their presence within the RIA space.
• Goldman Sachs’ asset management solutions provide significant value to the Dynasty network, enhancing the services available to our advisors and their clients.
• Dynasty and Goldman Sachs Custody Solutions will have dedicated transitions teams collaborating to provide custody, TAMP, trading services, and billing solutions to RIAs, in an effort to deliver the highest standards of service and efficiency.
• The broader collaboration enhances Dynasty’s asset management, investment banking, and lending services, delivering comprehensive support and greater value to our advisors.
• Advisors and their clients highly value Goldman Sachs’ brand and its extensive HNW solutions, enhancing the appeal and trust in Dynasty’s and Goldman Sachs’ combined offerings.

“Goldman Sachs is thrilled to collaborate with Dynasty Financial Partners, one of the pioneers in the RIA movement,” said Adam Siegler, Partner and Head of OneGS RIA Strategy and Retail Client Segment at Goldman Sachs. “They have demonstrated their focus on providing sophisticated services to the leading independent advisory firms in the industry. This relationship is a testament to our dedication in elevating the independent advisor experience.”

“Dynasty is continuing its ongoing mission to source and partner with proven providers from across the industry allowing our advisors to build better business and better care for their clients,” said Dynasty Chief Operating Officer, Marc Hineman. “In delivering the Triangulation of Advice ™ model, Dynasty didn’t set out to just level the playing field but rather to tilt it in favor of those advisors that are Powered by Dynasty.”

Dynasty’s network consists mostly of clients who own and operate independent registered investment advisories (RIAs) that leverage Dynasty’s integrated technology, services, robust turnkey asset management program (TAMP), digital lead generation services, capital solutions, and investment bank. As a leader in the industry, the integrated RIA platform model provides synthetic scale and allows Dynasty-powered RIAs to be Independent But Not Alone™. Currently, Dynasty has 57 Network Partner firms representing over 500 advisors and over $105 billion in platform assets.

Source: Dynasty Financial Partners