Dynasty Financial Partners of New York said a group of four newly independent advisors has formed Arbor Trust Wealth Advisors and will be working with its wealth management platform.
Financial advisors Charles Waterhouse, James Winslow, Carol Sewell and Gary Haapala all join Arbor Trust Wealth Advisors from United Bank & Trust. The four advisors collectively manage more than $350 million in client assets.
“Arbor Trust Wealth Advisors was created to provide sophisticated investment and estate planning advice to our highly educated community,” said Haapala, in a statement. “As an independent financial and investment planning firm, we want to provide our clients — professors and administrators, physicians, entrepreneurs and others — with complete objectivity and transparency.”
The group will access Dynasty’s investment and technology platform, including the RIA middle office Core Services platform. Charles Schwab will provide primary clearing and custody services for the team.
“Charlie, Jim, Carol and Gary are extraordinary investment advisors with a deep commitment to their unique Southeast Michigan community,” said Shirl Penney, President and CEO of Dynasty Financial Partners, in a press release. “Dynasty has increased its commitment to the Midwest and devoted resources to support leading teams such as Arbor Trust who are seeking independence.”