NEW YORK--(BUSINESS WIRE)--Wealth advisor Jason Fertitta today announced that he and his team have launched an independent wealth management firm called Americana Partners, LLC and the firm has partnered with Dynasty Financial Partners. Mr. Fertitta previously worked at Morgan Stanley since 2008 as a Managing Director, Private Wealth Advisor and managed clients’ assets north of $6 billion.
Based in Houston, Mr. Fertitta is the President of Americana Partners and will lead its team of 11 professionals including seven financial advisors. Joining Mr. Fertitta from Morgan Stanley are:
- Billy Busch, Senior Managing Director, based in Austin; formerly Executive Director, Private Wealth Advisor, Morgan Stanley.
- Robert Wellington, Chief Financial Officer, based in Houston; formerly Senior Vice President, Private Wealth Advisor, Morgan Stanley.
- Sheldon Busch, CFP®, Managing Director, based in Austin; formerly Vice President, Financial Advisor from Morgan Stanley.
- Josh Caltrider, CIMA®, Managing Director, based in Dallas; formerly Vice President, Financial Advisor from Morgan Stanley.
- Johnathan Schnitzer, Private Wealth Advisor, based in Houston.
- Ben Athens, Private Wealth Advisor, based in Houston.
Americana Partners is dedicated to helping successful entrepreneurs, sophisticated investors, multi-generational families, and family offices manage the complex business of their wealth. Americana Partners has specific expertise in alternative investments, manager selection and private placements.
Mr. Fertitta was a Managing Director and Private Wealth Advisor at Morgan Stanley from 2008 - 2019. At Morgan Stanley, he built his wealth management practice by solving for the complex needs and goals of multi-generational families. Prior to that, he worked in the High Net Worth Division of Lehman Brothers.
“We are thrilled to launch Americana Partners with offices in Houston, Austin and Dallas. With deep roots in the state, we are proud to be setting up our independent wealth management firm in Texas. Our team is extremely committed to providing the highest level of service to our clients and we are excited to be able to work from the same side of the desk as our clients,” said Mr. Fertitta. “We will now be able to expand our client offering in a number of ways, including providing our clients access to comprehensive family office services, unique investment opportunities and the ability to source our clients’ capital markets and credit needs across multiple firms.”
“We see this continuing trend of independent firms standing apart as the most powerful force in the market, delivering far more customized, objective advice to clients than any other segment of the industry,” said Shirl Penney, President and CEO of Dynasty Financial Partners. “As the largest breakaway this year, we are extremely proud to partner with a high caliber advisor like Jason and his remarkable team, and we welcome them to our network of independent advisors."
Through their affiliation with Dynasty Financial Partners, Americana plans to leverage Dynasty’s wealth management services, people, leading technology, and capital support. The firm will be using Dynasty’s award-winning integrated platform for independent advisors that includes institutional research from Callan Associates and their rapidly growing turn-key asset management platform (TAMP) that Dynasty has developed in partnership with Envestnet. Americana turned to the Hamburger Law firm to provide legal counsel for its transition and launch. Americana Partners will have access to leading technology including Dynasty’s proprietary advisor desktop, in-house specialists, home office support, and believes it will benefit from the firm’s significant scale in the industry.
Among its other critical resource partners, Americana Partners has selected Schwab to provide custody services for its clients’ assets and Addepar for consolidated asset and performance reporting.
“Dynasty continues to see very strong demand among the most successful advisors in the U.S.,” said John Sullivan, Dynasty’s Director of Network Development, Central Division. “Jason and his team are ‘connectors’. They are deeply committed to serving their clients and the communities where they live and work. Dynasty believes that their client-centric service model will translate seamlessly to the RIA framework and we expect to see significant growth of their current business near-term. We are excited to welcome the team to our industry-leading community of truly independent firms, and we believe that the success of firms like Americana Partners will continue to inspire other advisors to walk the road to independence.”
For more information, please visit www.americanapartners.com.
Americana Partners, LLC (“Americana Partners”) is an SEC registered investment adviser with its principal place of business in Houston, Texas. For additional information about Americana Partners, please request our disclosure brochure as set forth in Form ADV using the contact information set forth herein, or refer to the Investment Adviser Public Disclosure web site (www.adviserinfo.sec.gov). Investing involves risk, including risk of loss.
About Dynasty Financial Partners
Dynasty Financial Partners is known for assisting advisors of integrity to better service their clients, run their businesses more profitably, grow faster, and enhance the enterprise value of the advisor’s firm. Dynasty does this by developing, sourcing and integrating management capabilities for some of the industry’s leading independent investment advisory firms. Dynasty’s award-winning integrated platform services delivery chassis offers a customized, open-architecture wealth management solutions and technology platform supporting advisors as they protect and grow their clients’ wealth. Dynasty hosts numerous events to allow the community to come together and allow top RIA firms to be independent but not alone. Dynasty also offers access to capital to help advisors expand, scale and grow their business. Dynasty’s core principle is “objectivity without compromise,” and the firm is committed to crafting solutions that allow investment advisors to act as true fiduciaries to their clients.
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