Dynasty Sells Sixth Minority Stake to Investor Consortium

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Dynasty Financial Partners, the St. Petersburg, Fla.-based support platform for registered investment advisors, announced Thursday it had sold a minority stake to a consortium of current investors, employees, clients, board members and first-time investor Fortress Investment Group. The capital raise is Dynasty’s sixth since its founding by CEO Shirl Penney in 2010, and will go toward recru ...