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Wealth Management Group to Move to St. Pete from NYC

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Dynasty Financial Partners will relocate current employees and sourcing talent in St. Petersburg in areas that include business development,  technology,  investments, human resources and legal.

ST. PETERSBURG – The New York City-based wealth management and technology provider, Dynasty Financial Partners, is moving its headquarters from New York City to St. Petersburg in the second quarter of this year.

Dynasty Financial Partners will be relocating existing employees and sourcing talent in St. Petersburg in the areas of business development, relationship management, technology, operations, client service, investments, human resources, legal and compliance.

“We have spent a year looking for an ideal location that provided economic leverage, a high quality of life for our team, a robust infrastructure, and a strong talent pool. We also wanted a location that was in the heart of a thriving and growing financial services market – and St. Petersburg was a stand-out on all fronts,” said Shirl Penney, president and CEO, Dynasty Financial Partners. “The real estate footprint expansion will now allow us to invest more aggressively in people, resources and tools to better serve our growing client base.”

Dynasty will lease the entire 15th floor of the 200 Central building in downtown St. Petersburg.

St. Petersburg Mayor Rick Kriseman said, “I am so pleased to have one of today’s most innovative and entrepreneurial firms in the wealth management industry choose St. Pete for their next Headquarters location, where they will be among one of the best financial services sectors in the nation. The city of St. Petersburg is undergoing a remarkable economic transformation. I want to thank everyone on our economic development team, as well as our EDC, for recognizing this and working hard to bring some of the best companies in the nation, like Dynasty Financial Partners, to the Sunshine City.  We are all excited to welcome their clients, advisors, and investors to St. Pete over the many years to come.”

The firm worked closely with the St. Petersburg Area Economic Development Corporation, the city of St. Petersburg, and Robert Teachey of CBRE during its relocation process. Other cities Dynasty considered  included Charlotte and West Palm Beach.

“Dynasty’s relocation is an incredible win for our community and will continue to build our region’s reputation as a financial services hub,” Chad Loar, 2019 chair of the St. Petersburg EDC, said. “Not only is Dynasty bringing high-wage jobs to St. Pete, but the firm is looking to invest in and play an integral role in building this community.”

Dynasty employs more than 60 individuals in midtown New York City, Chicago, Miami, and San Francisco. The firm works with 47 RIAs in 11 states and partners with wealth management firms in locations across the U.S.

Penney said, “There is a rising group of talented financial services professionals in Florida as a result of other financial firms based there. Dynasty is a young, innovative company with cloud-based technology systems doing things differently – not a legacy firm locked into any one location. The young, vibrant, and incredibly diverse community in St. Petersburg will allow us to hire professionals from various backgrounds at various levels of the firm to integrate them into our client-first culture. There is a tremendous excitement with our current team, and we are already seeing excitement in the new location with people who want to join our growing team.”

Employment inquiries should be directed to Mason Salit msalit@dynastyfp.com or Amanda Kerley amandakerley@dynastyfinancialpartners.com.

Dynasty Financial Partners | Business | Tampabay News

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Wealth Management Group to Move to St. Pete from NYC
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Wealth Management Group to Move to St. Pete from NYC
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Dynasty Financial Partners will relocate current employees and sourcing talent in St. Petersburg in areas that include business development, technology, investments, human resources and legal.
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TB Reporter
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