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RIA Integrated Partners Added Over $600M in Assets During Q1

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What You Need to Know

  • The $250 million Reserve Investments advisor team are among the latest recruits added to Integrated Partners.
  • The Vedder Group, with about $250 million in AUA, also joined Integrated in Q1.
  • Advisors Lisa Sakai and Chris Whalen, with about $125 million in AUA combined, joined from MassMutual.

RIA Integrated Partners recruited advisors with combined assets of more than $600 million in the first quarter of 2021, it said Thursday.

New additions to Integrated include financial advisor Mark Mitamura and his eight-member team at The Reserve Investments, with about $250 million in assets under administration.

Mitamura’s firm mainly focuses on wealth management and financial planning for business owners and retirees.

In shifting to Integrated from Level Four Wealth Management, Reserve is moving from one LPL Financial-affiliated firm to another and will maintain custody with LPL, Integrated said.

The advisor team was attracted by the growth resources available to firms affiliated with Integrated, the latter company said.

Joining Mitamura, Reserve CEO, at Integrated is his longtime wealth management team, including David Choi and Randy Zierhut, as well as the administrative team of Whitney Massey, Jennifer Lee, Carly Jeavons and Charly Rowan.

“Financial advisory independence takes many forms, and while we are appreciative of the model that got us here, it was time to push the throttle forward,” Mitamura said in the announcement. “We had options and ultimately chose the partner that clearly understood us as business owners, advisory professionals and people.”

The specific attraction for Mitamura was the Integrated Business Alliance, which aligned perfectly with his core focus; the Integrated Pension Services division; and the firm’s CPA program.

During Q1, Integrated also welcomed The Vedder Group, with about $250 million in AUA, as well as advisors Lisa Sakai and Chris Whalen, with about $125 million in AUA combined. Sakai and Whalen were both registered as brokers with MassMutual Investor Services from 2014-2021, according to their reports on the Financial Industry Regulatory Authority’s BrokerCheck website.

“The pandemic has been a scourge upon the planet, and like all humans, advisors found themselves embattled,” Rob Sandrew, chief growth officer at Integrated, said in a statement.  “This is the most robust recruiting class I’ve ever beheld in my career.”

Integrated now has 150 advisors with just over $10 billion in AUA, 127 CPAs and 45 regional offices across the U.S.