The Future of Wealth Management and the Role of Alternative Investments With Dynasty Financial Partners Co-Founder, Ed Swenson
Today, we have a special guest from an industry leader in the wealth management space.
Ed Swenson is one of the most successful entrepreneurs in the wealth management space. Ed is the Co-Founder and COO of Dynasty Financial Partners, a leading RIA technology services platform.
Ed and I had a really interesting discussion about the future of the wealth management industry – and how alts will play a role in the evolution of the space. We discussed: how and why the wealth management industry is changing; how Dynasty is a champion of entrepreneurs in the wealth management space; the democratization of access and advice in wealth management; how and why wealth managers should have alternative investments in their portfolio; how VCs will soon realize that the RIA space will be a great source of LP capital for them; how advisors allocating to “alt alts” (like crypto, sports cards, collectibles, art) should be “on the table.”
Today, we have a special guest from an industry leader in the wealth management space.
Ed Swenson is one of the most successful entrepreneurs in the wealth management space. Ed is the Co-Founder and COO of Dynasty Financial Partners, a leading RIA technology services platform.
Ed and I had a really interesting discussion about the future of the wealth management industry – and how alts will play a role in the evolution of the space. We discussed:
- How and why the wealth management industry is changing.
- How Dynasty is a champion of entrepreneurs in the wealth management space.
- The democratization of access and advice in wealth management.
- How and why wealth managers should have alternative investments in their portfolio.
- How VCs will soon realize that the RIA space will be a great source of LP capital for them.
- How advisors allocating to “alt alts” (like crypto, sports cards, collectibles, art) should be “on the table.”
Ed co-founded and is the COO Dynasty Financial Partners, a leading RIA technology services platform that enables wealth advisors to become entrepreneurs and run their own businesses using Dynasty’s platform and infrastructure across technology, operations, diligence, access to investments, and M&A capabilities.
Ed and his Co-Founder Shirl have grown Dynasty to over $50 billion in aggregate AUM across almost 50 advisor teams. Dynasty is a leader in the fast-growing RIA space. They uniquely understand the needs of advisor teams who break away from wirehouses like UBS and Merrill Lynch and they’ve built out a tech stack and platform that is state of the art. Ed spearheads their technology approach by partnering with best-in-class fintech companies in various aspects of wealth management to build a tech platform that advisors love.
Ed also recently co-founded the Envestnet Advisor Services Exchange by Dynasty, a platform that enables Envestnet clients to access the value-added services that Dynasty offers.
Ed comes from a wealth management background, so he’s in a unique position to understand the needs of independent advisors. Prior to Dynasty, he led the distribution network communications for Smith Barney’s Multiple Discipline Accounts division and was a Portfolio Manager for the Legg Mason Partners Large Cap Growth Fund.
I hope you enjoy.