Dynasty Financial Partners Appoints Karim Simplis, CFA® As Director of Private Markets

Veteran Strategist to Lead Private Markets Expansion Under CIO Bob Shea

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Dynasty Financial Partners today announced the appointment of Karim Simplis as Director of Private Markets. As a direct report to Chief Investment Officer Bob Shea, Mr. Simplis will lead private markets sourcing, research, and due diligence across Dynasty’s Outsourced CIO portfolios and proprietary investment models.

"This key hire represents our house view that private markets are an essential component of long-term, diversified portfolio construction,” Mr. Shea said. “Karim brings deep experience in private markets and the proven ability to scale complex alternatives businesses, a combination that makes him a vital addition to our investment platform.”

Mr. Simplis will be responsible for investment and operational due diligence across private equity, private credit, and other alternative strategies. He will also help drive the accessibility of private markets to Dynasty's growing network of independent firms.

“Dynasty is brilliantly positioned to deliver institutional-quality private market solutions to independent advisors,” Mr. Simplis said. “We’re building the kind of private-markets access that puts advisors in the driver’s seat for clients in search of truly differentiated outcomes.”

Mr. Simplis brings more than 20 years of experience in alternative investments and portfolio strategy. Most recently, he served as Director of Portfolio Strategy at Franklin Templeton, where he helped scale the firm’s alternatives platform from $16 billion to $250 billion. He also held senior roles in the firm’s Global Private Equity group and its alternatives product team.

"Karim has spent his career building institutional-caliber alternatives platforms,” said Dynasty CEO and Founder Shirl Penney. "His approach — built on the conviction that independent advisors deserve high end support — reflects the principles we’ve forged into Dynasty from day one."

Mr. Simplis earned an MBA from Stanford Graduate School of Business and a BA in Economics/Business Management from the University of California, Santa Cruz. He is a CFA® charterholder and active in financial literacy and education initiatives.

Dynasty administers over $120 billion for the clients of more than 500 advisors in 55 independent firms. It manages more than $75 billion on its turnkey investment platform and continues to expand its private markets capabilities.

About Dynasty

Dynasty is a provider of technology-enabled wealth management solutions and business services for financial advisory firms primarily focused on serving high net worth and ultra-high net worth clients. Dynasty provides access to a comprehensive platform of software and technology tools, business services and holistic investment management capabilities through an open-architecture platform delivered via a suite of proprietary and third-party technologies. Dynasty’s technology, tools and services provide advisory firms the supported independence to launch their business, scale their operations and grow their firms — both organically and inorganically — while also allowing them to be more focused on and better equipped to serve their clients.

For more than a decade and a half, Dynasty has championed the benefits of independent wealth management for high net worth and ultra-high net worth clients and has contributed to the movement of assets from traditional brokerage channels to the independent channels of wealth management. As Dynasty is becoming a recognized industry leader, Dynasty has differentiated itself by developing competitive strengths, including a deep understanding of and strong relationship with its clients, a comprehensive offering of services and technology-enabled solutions, the ability to leverage its size and breadth to invest, the flexibility and seamlessness enabled by a modular technology solution, the entrepreneurial culture and experienced and committed management team. Dynasty is committed to continually growing its business by facilitating our existing advisory firm clients’ growth, onboarding new clients, increasing the clients’ use of its broader capabilities, launching additional solutions and facilitating our complementary acquisitions.

For more information, please visit www.dynastyfinancialpartners.com.

Also visit Dynasty on social media:
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Twitter: @DynastyFP
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Disclosure: The CFA® charter is a credential awarded by the CFA Institute to individuals who meet its education, examination, sponsorship, experience and ethics requirements. To earn a CFA charter, eligible candidates must have four years of qualified investment work experience, become a member of the CFA Institute, adhere to the Code of Ethics and Standards of Professional Conduct on an ongoing basis, and complete the CFA program, which requires the passage of three separate six-hour examinations. Topics tested by the CFA Institute include ethical standards, quantitative methods, economics, financial reporting, corporate finance, equities, fixed income, derivatives, alternative investments, and portfolio management.