This is the award-winning independent advisory firm’s eleventh US location
CHICAGO–(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 the opening of its newest office in Chicago, the firm’s 11th U.S. location, and the addition of The Boyd Richard Group, led by Thomas J. Boyd and James S. Richard, who will be based in the new office.
As Partners and Managing Directors, Boyd and Richard join Snowden Lane from JP Morgan Securities, where they oversaw $180 million in client assets with a focus on individuals, corporate executives and business owners.
“Over the years, Jim and Tom’s business reputation has been exemplary and anyone who knows them understands their client-first approach to wealth management and why that’s a glove fit for Snowden Lane,” said Lyle LaMothe, Snowden Lane’s Chairman. “We’re excited to have them join and doubly excited for this to be our first Midwest office. We look forward to more good news as we look ahead to 2020.”
Added Rob Mooney, Snowden Lane’s Managing Partner and CEO: “A Chicago presence helps expand our national footprint in another key metropolitan market. This year, our firm has experienced significant growth and after opening our new Miami/Coral Gables office in June, we couldn’t be happier to follow up with the news of Jim and Tom joining in on our success.”
The Boyd Richard Group office is at 151 North Franklin, one of the newest office buildings in downtown Chicago.
“Chicago is an important wealth market in this country and we’re delighted to represent the Snowden Lane brand in this terrific city,” said Tom Boyd. Jim Richard added, “The capabilities and support Snowden Lane extends to its employee advisors is unparalleled and we look forward to accomplishing a great many things with this team.”
Boyd and Richard bring more than a combined four decades of experience to Snowden Lane. Both advisors worked at Credit Suisse before JP Morgan.
“The genesis of this relationship is actually a testament to the growing reach of our brand,” explained Greg Franks, Managing Partner, President and COO at Snowden Lane. “Jim and Tom first heard about us from one of our current advisor teams which goes to show that our advisors’ networking channels yield all types of business opportunities, generating new and exciting possibilities for the Snowden Lane name.”
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 11 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; as well as its New York City headquarters. In 2019, the Financial Times named Snowden Lane to its elite FT 300 list for the fifth straight year, recognizing it as one of the top independent RIA firms in the U.S. 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 Directors, Rob Mooney, Managing Partner and 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.
Water & Wall Group