Paulson Investment, a wholly owned subsidiary of Paulson Capital, has named John Noble as managing director of Paulson Wealth Advisors, a newly formed division.
Noble will oversee the expansion of Paulson’s investment advisers and service offerings throughout the Pacific Northwest.
Paulson is an independent broker-dealer that maintains a correspondent clearing relationship with RBC Correspondent Services, which is a division of RBC Capital Markets.
Paulson Wealth Advisors will leverage this partnership by using RBC’s adviser platform to provide a customised approach for its investors.
"Paulson is one of the largest independent, full service broker-dealers in the Northwest, and we have established ourselves as one of the nation’s most prolific underwriters of small and micro-cap companies," says Trent Davis, president and chief executive officer of Paulson Investment. "We look forward to expanding on this success through our newly developed division, Paulson Wealth Advisors, and are confident that John Noble, a seasoned financial services and investment professional, will be a key asset to Paulson’s leadership team and the growth of our Wealth Advisors division."
Noble previously served as the president of Umpqua Investments (formerly Strand, Atkinson, Williams & York), a retail brokerage subsidiary of Umpqua Holdings.
Prior to his role at Umpqua he was a director and executive vice president at UBS Financial Services and spent more than 20 years at Smith Barney in various managerial positions.
"A renaissance of sorts is occurring within regional brokerage firms as Wall Street firms struggle to retain advisors," says Noble. "Paulson is uniquely positioned to expand into wealth advisory services for a multitude of reasons, including the company’s access to the RBC platform, which breaks all barriers that once separated small firms from large firms, and Paulson’s unique, supportive and entrepreneurial culture, something that has been lost at the wirehouses."