SageSpring Wealth Partners has joined Dynasty Financial Partners' wealth management technology platform, Dynasty announced Monday, calling it one of the industry's biggest moves to full independence in the past several years. SageSpring had been associated with Raymond James.
SageSpring, which has over 45 advisor teams managing about $6.4 billion for more than 10,000 individual clients, joins Dynasty’s network of 55 firms representing more than 500 advisors with over $105 billion in platform assets.
SageSpring's president, Jeffrey Dobyns, said the shift to independence was "the logical next step for our growing footprint and diverse client base." The firm plans to use Dynasty's technology, investment team, products, services and investment bank "to help us better care for our clients while also building a better business at SageSpring.”
SageSpring characterizes its client base as "the millionaires next door." The firm, which has nine offices across five states, plans to continue growing organically and expand its offerings to include multifamily office services.
Fidelity Investments will now serve as SageSpring’s primary custodian.
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