Snowden Lane Partners has added a $230 million advisor to its list of seven recruitments for 2023, giving the hybrid RIA firm a $1 billion increase in AUM.
Former Merrill Lynch vice president and wealth advisor William H. “Trey” Jones III is the latest to join the firm as a partner and managing director, and will form The Jones Group. Jones spent 10 years at Merrill Lynch, beginning his career in an operational role before completing the wirehouse’s financial advisor program in 2017 and earning his CFP and CRPC designations.
“Since the beginning of my career, I have always sought to meet each of my clients where they are in their financial journeys and deliver bespoke solutions that meet their individual needs. As I examined options for the next phase of my career, Snowden Lane stood out as a destination where I would be empowered to carry those same values forward. I am delighted to join the company and look forward to continuing to provide my clients with creative solutions.”
A GROWING COMPANY
New York-headquartered Snowden Lane Partners was founded in 2011 and has expanded nationwide with 140 professionals, including 78 financial advisors across its 13 offices.
It focuses on providing wealth advisory services to high net worth individuals, families and institutional clients and has attracted top talent from firms including Morgan Stanley, Merrill Lynch, UBS, JP Morgan, Raymond James, Wells Fargo and Fieldpoint Private.
The addition of Trey Jones reflects a strong year of growth for the firm, which also included a $200 million team that joined from UBS last month.
“We are constantly looking for quality advisors who align with Snowden Lane’s values and mission to deliver the highest quality advice, and we are pleased to welcome Trey to the firm, as he fits that mold perfectly,” said Greg Franks, managing partner. , president and chief operating officer of Snowden Lane Partners. “More broadly, I am extremely proud of the progress our company has made over the past year amid a competitive recruiting environment and look forward to carrying that momentum forward into 2024.”
Michelle Arpin Begina, senior partner and managing director at Snowden Lane Partners, was a speaker at the InvestmentNews Women Advisor Summit last week.