A team of financial advisers recently left UBS Financial Services to launch a new full-service independent wealth management firm in Dallas named Wealth Partners Alliance.
Led by founding partners John Saalfield and Rick Lima, along with team member Lindsay Heyman, the all‐advisor led start‐up was formed specifically with advisors in mind to leverage technology, resources, and strategic partnerships to deliver superior client experience and financial outcomes.
In addition, the founders wanted to create a better culture for advisors and clients to do business, which they feel has eroded over time since the financial crisis.
“We believe this can be achieved through alliances of shared resources and unique networks that will ultimately best benefit the client,” says Saalfield.
The recent departure adds to the growing market share in the independent space at a time when assets are leaving the traditional banks and brokerages, according to research firm Cerulli Associates.
“The Dallas market is ready for something new,” says Lima. “Technology is the great equaliser allowing us to provide proven practice management and succession planning. That resonates with clients and forward thinking advisors.”
The advisors at Wealth Partners Alliance are registered with Raymond James Financial Services’ independent channel.
“I am very excited about the growth opportunity with our new firm supported by Raymond James and their focus on female advisors with The Network For Woman Advisors,” says Lindsay Heyman.