A San Francisco-based advisory team from Deutsche Bank with $3 billion in client assets launched Intellectus Partners as part of the Dynasty network on Monday.
Co-founded by David J. La Placa and Jay Casey, Intellectus aims to focus on entrepreneurs with newly-created wealth in Silicon Valley. The team takes a “lifecycle advisory” approach with its clients, advising on investment management strategies for start-up ventures all the way through to managing established wealth and considering issues such as wealth transfer, lending, and philanthropy.
“We launched Intellectus Partners to address the needs of successful entrepreneurs, corporate executives and their families – who want the best investments and opportunities available,” La Placa said Monday.
La Placa has deep roots within Silicon Valley and is extremely active in the venture community. Additionally, he sits on boards, advises and invests in start-up companies and growth companies.
Prior to founding Intellectus, La Placa was a member of the client advisor executive committee and a managing director with Deutsche Bank, where he and his team managed $3 billion in client assets. Casey served as a director, advisor, and portfolio manager at Deutsche Bank. Both have worked together since 2000.
Longtime members of the team Kelly Morton and Tina Chan also left Deutsche and joined Intellectus as vice presidents of operations and administration.
Intellectus is one of the largest of the 29 brokerage teams Dynasty has helped transition to a registered investment advisor. The firm, which works with RIAs overseeing a combined $23 billion, took 12 teams independent in 2014 and plans to do the same for as many as 15 this year.