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ON THE MOVE-Dynasty adds two brokers from Deutsche Asset & Wealth

NEW YORK, June 30 (Reuters) - Dynasty Financial Partners, the high-end service provider that supports over 30 independent financial adviser firms, added a two-adviser independent firm from Deutsche Asset & Wealth Management, part of Deutsche Bank AG.

Co-founders David La Placa and Jay Casey launched their firm, Intellectus Partners, in San Francisco on Monday.

Deutsche's wealth management unit in the U.S declined to comment for this story. According to Barron's, La Placa managed more than $3 billion in client assets as of February.

Given their location close to Silicon Valley, many of La Placa and Casey's clients are entrepreneurs, something La Placa said rubbed off and encouraged them to start their own business.

"Many of my clients have said, 'You're one of us now,'" La Placa said by phone Monday.

Intellectus, a name derived from intellect plus us, will use Dynasty for access to its research, trading, lending and investing services and products, La Placa said.

Dynasty recently added new chief investment officer Scott Welch to help recruit brokers who are considering leaving their firms to become independent advisors. Welch had previously served as CIO for an independent firm that was bought by LPL Financial Holdings, the biggest independent brokerage firm in the U.S.

(Reporting by Elizabeth Dilts; Editing by Diane Craft)