ON THE MOVE-Dynasty Financial partners with firm founded by ex-Credit Suisse team

Reuters

NEW YORK, Nov 4 (Reuters) - Dynasty Financial Partners saidMonday that two financial advisers formerly with Credit Suisse have chosen Dynasty's platform to power theirindependent investment advisory firm.

Hal Lambert and Jeffrey Wildin, both former directors atCredit Suisse, are using Dynasty's platform to bolster theirindependent firm, Point Bridge Capital. The team managed $1billion at Credit Suisse.

"The response has been very positive. A lot of the clientsare entrepreneurs, so they really get it," said Lambert, founderand chief executive of Point Bridge.

The team left Credit Suisse on Oct. 18 and started PointBridge on the same day. Point Bridge has offices in Dallas andFort Worth, Texas. Wildin heads the firm's Dallas office as amanaging director.

Credit Suisse declined to comment on the departures.

Point Bridge pays a fee to Dynasty in order to accessDynasty's investment platform, including its investmenttechnology, research and analytics.

Lambert said that he started to consider launching his ownfirm nine years ago, but waited until now since costs havefallen on investment technology. He said he is looking for moreadviser teams to join Point Bridge.

Lambert declined to comment on his and Wildin's annualrevenue production while at Credit Suisse.

Rates

View Comments (0)