Dynasty Financial Partners is closing its former headquarters in New York City on Nov. 1, a move that will affect roughly 25 people, primarily staffers in operations, technology and sales.
“We expect some New York staffers to continue working from home, while others will eventually move to the St. Petersburg area,” the company said in a statement.
In 2019, Dynasty moved its headquarters to St. Petersburg, Florida. It employs 50 people there.
“The majority of our staff is based in St. Petersburg, so it no longer was necessary or made sense to keep the space that we had in New York; it accelerated a move that was already underway,” according to a statement about the closure, which was first reported by Citywire.
The coronavirus pandemic, which forced many financial services firms to exit their offices and led the vast majority of employees work from home, played a major role in Dynasty’s decision to exit New York.
Driven by robust transaction activity amid market turbulence and increased focus on billion-dollar plus targets, Echelon Partners expects another all-time high in 2025.
The looming threat of federal funding cuts to state and local governments has lawmakers weighing a levy that was phased out in 1981.
The fintech firms' new tools and integrations address pain points in overseeing investment lineups, account monitoring, and more.
Canadian stocks are on a roll in 2025 as the country prepares to name a new Prime Minister.
Carson is expanding one of its relationships in Florida while Lido Advisors adds an $870 million practice in Silicon Valley.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
