Dynasty Financial Partners continues to build out its management team at its newly opened Florida headquarters with the announcement today of Justin Weinkle as the firm’s new chief financial officer.
“I am excited to step into a leadership position at Dynasty during a transformative time for the firm,” Weinkle said. “As a proven disruptor and innovator in wealth management, Dynasty is well-positioned to continue its impressive growth trajectory while supporting the extraordinary independent advisors that make up the Dynasty network.”
Weinkle has previously served as Dynasty’s director of mergers and acquisitions, a senior vice president and head of strategic analysis and the chief of staff for Dynasty CEO Shirl Penney.
In February, Dynasty announced it would be relocating its main headquarters from New York City to St. Petersburg, Fla., after a yearlong search for a new base (though the firm will continue to maintain its New York office, along with additional employees in Chicago and San Francisco). In short order, Dynasty began building the team at its new headquarters; in March, Angela Gingras joined Dynasty after 21 years at Raymond James to become the site’s director of operations, and Eric Castillo, the former CTO and COO of Stelac Advisory Services, joined Dynasty as its CTO in mid-April. Dynasty hoped there would be as many as 40 to 50 new or current employees at the St. Petersburg office within the year.
In all, the firm has made 11 new hires at the Florida location, including Jennifer Dorgan as the head of strategic analysis (who previously worked for 20 years at JP Morgan), and Kelly Berenbaum, the new vice president for relationship management, who comes to Dynasty from Raymond James.
“I am also delighted to welcome the new team members to Dynasty that we have hired in St. Petersburg, FL over the last two months," Penney said. "We are also proud of our efforts to drive diversity across the firm. This is a big part of our culture as we seek to be as diverse as the clients we serve, now, and into the future. All eleven new team members are women, which makes Dynasty’s employee base over 40% female in an industry that is still less than 20%.”
Dynasty has had a busy year in addition to the big move. In April, Americana Partners, a newly established Texas-based wealth management firm with more than $6 billion in managed client assets, joined the firm. In leaving Morgan Stanley, Americana Partners became the largest team to ever join Dynasty and the largest single breakaway of the year. The firm has made numerous other acquisitions this year, and in total, the Dynasty Network has more than $40 billion in client assets, according to the firm.