NEW YORK--(BUSINESS WIRE)--Snowden Lane Partners, an independent, advisor-owned, wealth advisory firm dedicated to providing client-focused advice in a values-driven culture, today announced that Doug Flaherty has joined the firm as Managing Director, Northeast. He will be based in Snowden Lane’s NYC office and focus principally on recruitment, as the firm looks to build on its strong growth and momentum.
“Doug has had an impressive career at several top-notch firms and we’re very fortunate to welcome him to our team,” said Greg Franks, President and COO of Snowden Lane Partners. “We’ve experienced tremendous growth over the last year and our pipeline for recruiting new advisors has never been stronger. Having someone with Doug’s experience and insights on board will be a big boost as we head further into 2021 and continue along our trajectory as one of the fastest-growing RIAs in the country.”
Prior to Snowden Lane, Mr. Flaherty was a Senior Vice President and Complex Manager for Wells Fargo Advisors, heading their NYC International Private Client Services group where he was responsible for a 36-person Wealth Management team. In his almost 10 years at Wells Fargo, he oversaw the growth and success of Wells Fargo’s international efforts and helped the group become one of the top performing offices in the region. Earlier in his career, he held senior leadership roles at JP Morgan, Bear Stearns, Citi Smith Barney, Bank of America, Fleet Boston, and Quick & Reilly. He holds Series 3, 4, 7, 8, 24, 63, 65 and Life & Health Insurance licenses, and earned his BA in Business and Finance from Saint Michael’s College.
“I’m thrilled to be joining such an exciting and forward-thinking firm,” said Mr. Flaherty. “Supporting advisors and helping them service their clients is what has driven my passion and career for almost 30 years. With the wealth advisory industry undergoing a massive sea change in recent years, Snowden Lane has continuously impressed me with their focus, vision and commitment to championing independent advisors. It’s clear that they will be one of the leading firms of the future.”
Mr. Flaherty’s international experience will be put to good use as Snowden Lane has established itself as the go-to RIA for advisors who cater to international clients. A number of the firm’s leadership team spent decades working abroad, and they used that experience to create a platform that is welcoming and tailor-made to the needs of international clients and advisors.
Since its founding in 2011, Snowden Lane has rapidly built a national brand, attracting top industry talent from Morgan Stanley, Merrill Lynch, UBS, JP Morgan, Raymond James, and Wells Fargo, among others. The firm has 12 offices around the country: Pasadena and San Diego, CA; New Haven, CT; Coral Gables, FL; Chicago, IL; Pittsburgh, PA; Baltimore, Salisbury and Bethesda, MD; San Antonio, TX; Buffalo, NY, as well as its New York City headquarters.
The Financial Times named Snowden Lane to its elite FT 300 list in 2020 for the sixth-straight year, recognizing it as one of the top independent RIA firms in the U.S. The firm was also included in the Barron’s 2020 Top 100 RIA Firms ranking, and many of the firm’s advisors have been recognized as FT 401 Top Retirement advisors, and a number by Forbes/Shook as Forbes Best-In-State Wealth advisors.
About Snowden Lane Partners
Snowden Lane is a nationally branded, open-architecture, hybrid registered investment advisor and broker-dealer that provides wealth advisory services to high net-worth individuals, families, and institutional clients.
Snowden Lane is led by an experienced team of industry executives, including Lyle LaMothe, Chairman of the Board of Managers, Rob Mooney, Managing Partner & CEO, and Greg Franks, Managing Partner, President & COO, who are dedicated to building a client-focused, nationally branded, boutique wealth advisory partnership.
Snowden Lane is headquartered in New York City and operates an SEC registered investment adviser and a broker-dealer. Snowden Lane provides a multi-custodian, multi-currency platform, with aggregated performance reporting and leading analytical tools for clients and advisors. It further provides full operational, finance, compliance, human resources, and financial advisor transition support to its financial advisors.
For more information about Snowden Lane, please visit www.snowdenlane.com.
References to "Snowden Lane" and "Snowden Lane Partners" are references to Snowden Capital Advisors LLC, an investment adviser registered with the U.S. Securities and Exchange Commission, and its affiliated entities.
