After a rough week, U.S. equity markets opened to an even rougher morning, as the Dow Jones Industrial index plummeted more than 1,000 points in early trading Monday. By end of day, it was down nearly 600 points, a 3.6% decline. Financial advisors, however, largely kept a cool head, reminding clients how their financial plans… View Article
Alex Bryer, 41, left Merrill Lynch last week after 19 years, to join independent RIA Snowden Lane Partners, along with his business partner Keith Mayo, 60. The Bethesda, Md.-based teammates managed about $240 million at Merrill. Q: Why did you leave Merrill? A: We’d each been at Merrill Lynch for nearly 20 years, and over… View Article
Snowden Lane Partners has poached the $240 million Mayo-Bryer Group from Merrill Lynch to work out of the firm’s newly opened office in Bethesda, Md. The team is led by Alex Bryer and Keith Mayo, who joined the independent Snowden Lane this month, according to Financial Industry Regulatory Authority records. Their most recent annual production… View Article
Snowden Lane Adds Merrill Team Snowden Lane Partners has announced that Alex Bryer and Keith Mayo have joined as partners and managing directors, along with their team of Ryan Perraut, private wealth advisor, and Heather Talesnick, registered client relationship manager. They joined from Merrill Lynch and will work out of the Bethesda, Maryland, office. … View Article
Follow @SnowdenLane Mayo-Bryer Group Oversees $240 Million in Client Assets Will Work From Snowden Lane’s Newly-Opened Bethesda, MD., Office NEW YORK, July 28, 2015 – Snowden Lane Partners, an independent, advisor-owned, wealth advisory firm dedicated to providing client-focused advice in a values-driven culture, today announced that wealth advisors, Alex Bryer and Keith Mayo, have joined… View Article
Follow @SnowdenLane A pair of Merrill Lynch advisors who had $240 million in assets under management have joined RIA Snowden Lane Partners. Snowden Lane has made a point of recruiting wirehouse advisors. The firm now manages $2 billion in client assets, says Greg Franks, managing partner and president of Snowden Lane. According to its Form… View Article
Follow @SnowdenLane NEW YORK, June 18, 2015 – Snowden Lane Partners, an independent, advisor-owned, wealth advisory firm dedicated to providing client-focused advice in a values-driven culture, today announced it has been named to the Financial Times (FT) 300 Top Registered Investment Advisers. The ranking recognizes the top independent RIA firms across the U.S. This is… View Article
Follow @SnowdenLane For registered investment advisers with an active management bias, the past decade has been tough. As low interest rates and a Federal Reserve stimulus buoyed equity markets, cost-efficient passive funds thrived, raising doubts about pricier active strategies. Only 45 per cent of active portfolios beat their benchmark during the 10 years up to… View Article
Before switching firms, advisers need to make sure there is a cultural fit and that the right resources for their clients are there, according to recruiter Mark Elzweig and Rob Mooney, managing partner and CEO of Snowden Lane Partners. Click To Watch Follow @SnowdenLane
Follow @SnowdenLane Financial advisors who are thinking about going independent have many issues to consider, from whether an independent environment is right for them, to what kind of independent model best fits their business and how it will affect their work/life balance. Culture, environment, leadership and lifestyle are all important considerations as well. But among… View Article