Subscribe

Veteran advisor vanishes with wife while sailing Caribbean

Discovery of a violent scene in couple’s empty yacht off the coast of Grenada prompts police investigation of ‘tragic event.’

A seasoned advisor and his wife’s leisurely holiday in the Caribbean has taken a tragic turn after the couple disappeared under mysterious circumstances.

The advisor, Ralph Hendry, has been enjoying a decade-long life at sea with his wife Kathy Brandel aboard their yacht, Simplicity.

According to Hendry’s BrokerCheck profile, he started in the industry in 1994 as an advisor with Edward Jones. From there, he worked at other firms, including Raymond James and Citigroup, before starting his own practice affiliated with Independent Financial Group, a San Diego-based firm, in 2009.

The Hendrys’ most recent trip began when they departed Virginia for the coast of Grenada at the end of last year.

It appears their getaway was cut short in violent fashion, as their yatch was discovered anchored and devoid of its crew on February 21 by a sailing captain who happened to be paddle-boarding near the Saint Vincent shore, according to an announcement by the Salty Dawg Sailing Association, a nonprofit for sailing enthusiasts.

“The good Samaritan had boarded the boat and noted that the owners, Ralph Hendry and Kathy Brandel, were not onboard and found evidence of apparent violence,” the statement said.

The incident was then reported to local authorities at St. Vincent, the Simplicity’s last anchorage point. A statement from the police posted shortly after the incident did not name the couple, but it identified three recent escapees from a prison in Grenada who fled by boat to St. Vincent.

Details remain unclear, but the three persons of interest – who have since been recaptured – may have killed the couple, according to the police statement posted on social media.

“This is a very upsetting event and details are still unconfirmed by the authorities, but this does appear to be a tragic event – our hopes and prayers are with Ralph and Kathy and the family who love them,” said Bob Osborn, president of Salty Dawg.

Related Topics:

Learn more about reprints and licensing for this article.

Recent Articles by Author

Fed officials see price pressures easing, but still cautious on rate cuts

Minutes from June policy meeting reveal central bank officials’ concerns around persistent inflation and slowing economic growth.

Advisor360 adds marketing capability with FMG integration

The strategic partnership promises to let advisors market themselves effectively across channels, with built-in tools and controls for home offices.

Merrill Lynch to reimburse customers $1.5 million over avoidable fees

Finra finds registered representatives at the wirehouse giant made unsuitable recommendations to over 1,300 clients across more than 2,000 accounts.

Nearly a fifth of Americans have no emergency savings, finds Empower

A quarter of survey respondents had to dip into their rainy-day funds as inflation, rising prices, and debt chip away at their finances.

$200M father-daughter team from Edward Jones makes a break for independence

The pair are launching their own multigenerational practice in Mississippi with support from LPL.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print