Dynasty Financial Partners is expanding its investment banking division, Dynasty Investment Bank, with the appointment of Sam Anderson and Harris Baltch as co-heads. The firm is also naming Justin Weinkle, Dynasty’s chief financial officer, to chair the bank’s Capital Committee.
Anderson and Baltch will be responsible for overseeing the operations and strategy of the investment bank and will work to develop and implement its long-term growth plans. They will report to Weinkle, who will focus on the bank’s capital raising and allocation efforts.
Dynasty Investment Bank was launched in 2023 and has since advised on a number of high-profile M&A and capital-raising deals. In 2024, the bank advised on 15 such deals, including the $200 million acquisition of Carlisle Management Co. by Abacus Life and the sale of Jenkins Wealth to Mariner.
Prior to joining Dynasty, Anderson and Baltch both worked as investment bankers covering the financial services sector. Anderson was previously a managing director at Goldman Sachs, where he focused on advising wealth and asset management firms on M&A and capital-raising transactions. Baltch, meanwhile, was a director at UBS, where he covered the asset management and specialty finance sectors.
“Sam and Harris have been instrumental in the growth and success of Dynasty Investment Bank since its launch,” said Shirl Penney, founder and CEO of Dynasty Financial Partners. “Their deep industry knowledge and proven track record of success make them the ideal leaders to take the bank to the next level.”
In addition to its investment banking services, Dynasty Financial Partners provides a range of support and resources to independent RIAs. The firm’s network includes 57 RIA partner firms, collectively overseeing more than $105 billion in assets.
Pictured: Dynasty CEO Shirl Penney
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