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Boston FiNet team managing $3.75 billion becomes RIA

Boston-FiNet-team-managing-$3.75-billion-forms-RIA

Mayflower Advisors breaks away; uses Pershing as custodian

Mayflower Advisors, which managed $3.75 billion as a hybrid affiliate of Wells Fargo Advisors Financial Network, which is known as FiNet, has become an independent registered investment adviser.

The 35-person Boston-based firm is using BNY Mellon Pershing as its primary custodian.

Mayflower is led by co-founders and managing partners Lawrence Glazer, Steven Dimitriou and Lloyd Glazer.

[More: RIAs are killing it in 2020 recruiting]

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