NEW YORK--(BUSINESS WIRE)--Dynasty Financial Partners (“Dynasty”) today announced its partnership with Intellectus Partners (“Intellectus”), the most recent independent investment advisory firm to leverage Dynasty Financial Partners' industry-leading platform of integrated wealth management services and technology.
Headquartered in San Francisco with roots in Silicon Valley, Intellectus Partners immediately becomes one of the largest independent RIAs in the United States. The team’s Lifecycle Advisory approach is focused on working with entrepreneurs from the beginning-- from the start-up of their venture to helping them discover how their success and wealth can benefit the world around them. In addition to tailored investment management, wealth transfer, lending, and philanthropy, Intellectus also offers entrepreneurial advisory and venture services, drawing on its deep roots in the start-up community.
Prior to founding Intellectus Partners, David J. La Placa was a member of the Client Advisor Executive Committee and a Managing Director with Deutsche Bank Alex. Brown. He joined Deutsche Bank in 2004 and quickly became one of the top Financial Advisors in Silicon Valley, earning national recognition from Fortune, Barron’s and Research. Mr. La Placa serves as Chairman and CEO of Intellectus.
Jay Casey is co-founder and President of Intellectus. Mr. Casey is a former Director, Advisor, and Portfolio Manager at Deutsche Bank. He has also earned national accolades from Barron’s and On Wall Street. He began his financial services career in 2000 after earning his MBA in Finance and Entrepreneurship from Duke University’s Fuqua School of Business.
Mr. La Placa and Mr. Casey have worked together since 2000. They are joined by Kelly Morton, Vice President of Client Planning, and Tina Chan, Vice President of Operations and Administration, both of whom are long-term members of their team.
“We launched Intellectus Partners to address the needs of successful entrepreneurs, corporate executives and their families – who want the best investments and opportunities available,” stated David J. La Placa. “Entrepreneurs ourselves, we embrace our ability to innovate, create value, quantify risks, and help our accomplished clients capitalize on opportunities – with minimal conflicts or restrictions. We believe the existing wealth management model focuses too much on what a client has done in the past. We are focused on their future.”
Intellectus leverages Dynasty’s state-of-the-art capabilities, including technology, managed investments, institutional research, trust and insurance services and credit facilities. The company also accesses Dynasty’s groundbreaking investment platform, which integrates the industry-leading proprietary research of Callan Associates. Fidelity and Pershing provide custody services. For more information, please visit www.intellectuspartners.com.
“We are thrilled to welcome David, Jay and their team to the Dynasty network,” declared Shirl Penney, President and CEO of Dynasty. “Their acumen, expertise and entrepreneurial vision have earned them an exceptional reputation in Silicon Valley and beyond. It’s fitting that Intellectus Partners should partner with Dynasty, founded to help preeminent wealth management teams amplify the benefits of independence, objectivity, transparency, and competition.”
Biographies
David J. La Placa
Founder, Chairman, CEO
David La Placa has led Intellectus Partners since its founding, keeping client-centric solutions, relationship banking, and innovation at the forefront of his leadership. He leads the Global Executive Investment & Operating committees and oversees all investment strategies.
Mr. La Placa has extensive experience at the intersection of entrepreneurial advisory, wealth creation, and investment management. He has been recognized as a "Top Advisor" by Fortune and Research Magazine. Barron’s has named him one of the “Top Advisors in America” for several years, most recently in February 2015.
Prior to founding Intellectus Partners, Mr. La Placa was a member of the Client Advisor Executive Committee and a Managing Director with Deutsche Bank Alex. Brown. He joined Deutsche Bank in 2004 and quickly became one of the top Financial Advisors in Silicon Valley. Within Deutsche Bank, he served as a portfolio manager, led the firm’s Private Wealth Management West Coast effort within Venture Services, and was the lead advisor for its Internet & Digital Media outreach. Previously, he was Senior Vice President, Private Wealth Management, and co-head of the Venture Services Group at Lehman Brothers, which was responsible for trading and distribution of venture capital and private equity fund portfolio securities. He began his financial services career at UBS and its predecessor firms. Mr. La Placa graduated from Temple University’s Fox School of Business, with a concentration in Real Estate, Finance and International Marketing.
Mr. La Placa is extremely active in the venture community within Silicon Valley. He sits on boards, advises and invests in start-up companies and growth companies. Current and past associations include Orbital Insight , The Climate Corp (acquired by MON), Scientific Revenue, CareCloud Navdy, TheHintBox!, Concept.io (Apple, Inc.), Moon Express, Bretelon, Jukely, Cirrus Insight, Hovee, Gaga Sports & Entertainment, among others.
Jay Casey
Co-Founder, President
Jay Casey is a co-founder and President of Intellectus Partners. Mr. Casey specializes in advising entrepreneurs, executives, venture capitalists, and family offices. He serves on the Global Executive Committee and the Global Investment & Operating Committees. Within Intellectus, he is responsible for day-to-day oversight of key operating units, including Investment Planning & Analytics, Strategic Product Management, and Risk & Quantitative Analysis.
Prior to joining Intellectus Partners in 2015, Mr. Casey served as a Director at Deutsche Bank, where he was an Advisor and Portfolio Manager for more than a decade, leading a team with his partner, David La Placa. He had oversight of the team’s investment strategies, including its fixed income, equity, liquidity, and alternative investment offerings. Prior to Deutsche Bank, he served as Vice President in the Private Wealth Division of Lehman Brothers.
Mr. Casey earned his MBA in Finance and Entrepreneurship from Duke University’s Fuqua School of Business and his undergraduate degree from Appalachian State University. He also studied International Finance at Sasin of Chulalongkorn University in Thailand.
He has earned a number of national accolades. On Wall Street recognized him as one of the Top 40 Advisors Under 40 in 2009 and Barron’s has named him one of the Top Advisors in America multiple times.
About Dynasty Financial Partners
Dynasty Financial Partners is the premiere integrated platform for the wealth management industry’s top advisors. Dynasty develops, sources and integrates wealth management capabilities, solutions and technology into its open-architecture platform to help independent advisors protect and grow their clients’ wealth. 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. For more information, please visit www.dynastyfinancialpartners.com and follow us on Twitter @DynastyFP.
