U.S. Markets open in 1 hr 41 mins
  • S&P Futures

    4,163.75
    +17.00 (+0.41%)
     
  • Dow Futures

    32,869.00
    +112.00 (+0.34%)
     
  • Nasdaq Futures

    13,301.00
    +72.25 (+0.55%)
     
  • Russell 2000 Futures

    1,929.60
    +7.80 (+0.41%)
     
  • Crude Oil

    87.70
    -1.31 (-1.47%)
     
  • Gold

    1,797.90
    +6.70 (+0.37%)
     
  • Silver

    20.20
    +0.36 (+1.80%)
     
  • EUR/USD

    1.0192
    +0.0004 (+0.0408%)
     
  • 10-Yr Bond

    2.8400
    0.0000 (0.00%)
     
  • Vix

    21.58
    +0.14 (+0.65%)
     
  • GBP/USD

    1.2104
    +0.0033 (+0.2760%)
     
  • USD/JPY

    134.8520
    -0.1180 (-0.0874%)
     
  • BTC-USD

    24,091.26
    +1,093.48 (+4.75%)
     
  • CMC Crypto 200

    561.44
    +26.22 (+4.90%)
     
  • FTSE 100

    7,476.64
    +36.90 (+0.50%)
     
  • Nikkei 225

    28,249.24
    +73.37 (+0.26%)
     

Snowden Lane Partners Continues Strong Recruiting Momentum with Addition of $180 Million Advisor

·4 min read

Former Fieldpoint Private Managing Director Tom Hakala Joins Snowden Lane’s New York City Headquarters

NEW YORK, July 15, 2022--(BUSINESS WIRE)--Snowden Lane Partners, an independent, advisor-owned, wealth advisory firm dedicated to providing client-focused advice in a values-driven culture, today announced that veteran wealth advisor, Tom Hakala, has joined the firm as Partner and Managing Director.

With 30 years of wealth management experience, Hakala serves high-net-worth families and individuals and oversees $180 million in client assets. He will join Snowden Lane in its New York City headquarters.

"We are excited to welcome Tom to Snowden Lane, as he is a proven expert in the high-net-worth space and a world-class advisor," said Lyle LaMothe, Chairman of Snowden Lane Partners. "I am continually humbled when high-quality advisors express interest in joining our team, and I know Tom will fit seamlessly into our firm’s culture."

"I’ve been very fortunate to enjoy a 30-year career in financial services, and I’m looking forward to beginning the next phase of my professional journey at Snowden Lane," said Tom Hakala. "I have the utmost confidence that the firm’s values and culture, coupled with its proven platform, will allow me to continue delivering top results for my clients."

Prior to Snowden Lane, Hakala served as a Managing Director at Fieldpoint Private and Wilmington Trust. He is an attorney, CPA, and Personal Financial Specialist, with expertise in the design and implementation of sophisticated financial strategies for high-net-worth clientele. Over the course of his career, Hakala has also held positions with KPMG, UBS and PricewaterhouseCoopers.

"I know Tom will be a valuable addition to the Snowden Lane team, and I’m appreciative that our value proposition continues to resonate with advisors," said Greg Franks, Snowden Lane’s Managing Partner, President & COO. "The interest we have received from the wealth management community is the ultimate testament to our culture and I’m proud of the momentum Snowden Lane has built this year amid the current recruiting landscape."

Rob Mooney, Managing Partner & CEO of Snowden Lane Partners, added, "An advisor of Tom’s caliber is a natural fit at our firm and I’m excited to officially welcome him to the team. We have tremendous respect for Fieldpoint Private, and I was thrilled when Tom expressed interest in joining Snowden Lane for the next chapter of his career."

Since its founding in 2011, Snowden Lane has rapidly built a national brand, attracting top industry talent from Morgan Stanley, Merrill Lynch, UBS, JP Morgan, Raymond James, and Wells Fargo, among others.

The firm has 125 total employees, 71 of whom are financial advisors, across 12 offices around the country: Pasadena and San Diego, CA; New Haven, CT; Coral Gables, FL; Chicago, IL; Pittsburgh, PA; Baltimore, Salisbury and Bethesda, MD; San Antonio, TX; Buffalo, NY, as well as its New York City headquarters.

The Financial Times named Snowden Lane to its elite FT 300 list for six straight years, recognizing it as one of the top independent RIA firms in the U.S. The firm was also included in the Barron’s 2021 and 2020 Top 100 RIA Firms ranking, and many of the firm’s advisors have been recognized as FT 401 Top Retirement advisors, and a number by Forbes/Shook as Forbes Best-In-State Wealth advisors.

About Snowden Lane Partners

Snowden Lane is a nationally branded, open-architecture, hybrid registered investment advisor and broker-dealer that provides wealth advisory services to high net-worth individuals, families, and institutional clients.

Snowden Lane is led by an experienced team of industry executives, including Lyle LaMothe, Chairman of the Board of Managers, Rob Mooney, Managing Partner & CEO, and Greg Franks, Managing Partner, President & COO, who are dedicated to building a client-focused, nationally branded, boutique wealth advisory partnership.

Snowden Lane is headquartered in New York City and operates an SEC registered investment adviser and a broker-dealer. Snowden Lane provides a multi-custodian, multi-currency platform, with aggregated performance reporting and leading analytical tools for clients and advisors. It further provides full operational, finance, compliance, human resources, and financial advisor transition support to its financial advisors.

For more information about Snowden Lane, please visit www.snowdenlane.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220715005390/en/

Contacts

Kevin Santo
Water & Wall
516-506-8560
kevin@waterandwall.com