An advisor team led by Carrie Gallaway and Andrew Stern has left Lebenthal Wealth Advisors and partnered with Dynasty Financial Partners. The two managing partners have launched YorkBridge Wealth Partners, with offices in New York and Bridgehampton, N.Y. The team manages about $750 million in client assets.
In addition to Gallaway and Stern, others moving over from Lebenthal include Jeffrey B. Lane, partner; William Joseph, senior managing director; Barbara Doran, director and senior portfolio manager; Leigh Moglia, senior vice president; and Virginia Urdaneta, executive assistant.
The team was first formed in 2004, as they moved the book of business from Citi Asset Management to Smith Barney.
“Our goal is also to develop a unique and bespoke culture for our employees,” said Gallaway in a statement. “Now, with YorkBridge, we are able to invest directly in resources for our clients and our employees.”
YorkBridge has formed partnerships with custodians Schwab Advisor Services and Fidelity Institutional Services, along with Dynasty, for analytics and operational support.