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Summary:
&Partners (founded by ex-Wells Fargo Advisors CEO David Kowach) recruited Curley Wealth Management – a father-son team managing $500M in assets – from Wells Fargo. This highlights the growing trend of veteran advisors leaving wirehouses for boutique firms offering superior technology, estate planning coordination, and tax-efficient wealth strategies. The move boosts &Partners’ footprint to over 100 teams managing $50B in pre-hire assets.
What This Means for You:
- Advisors at wirehouses: Evaluate boutique hybrids offering independence with institutional-tier investment platforms
- High-net-worth clients: Prioritize firms with dedicated estate planning coordination services to minimize generational wealth transfer friction
- Practice leaders: Study &Partners’ reported 179% YoY revenue growth as proof of concept for advisor-driven broker/dealer models
- Future consideration: Monitor succession viability for family-based teams transitioning between custodial environments
Original Post:
Curley Wealth Management (Oneonta, NY) joined &Partners from Wells Fargo Advisors, bringing $500M AUM and multi-generational expertise. Led by Ed Curley (30+ year Wells/A.G. Edwards veteran) and son Corbin Curley, the team specializes in tax-sensitive planning and insurance risk mitigation. Their transition follows &Partners’ 2023 launch by David Kowach, Kristi Mitchem, and John Alexander aiming to recreate boutique culture with modern infrastructure. The firm now houses 100+ advisor teams managing $50B in pre-hire assets, with 40% led by women.
Extra Information:
- David Kowach’s Leadership Profile (Background on &Partners’ co-founder strategy)
- Hybrid RIA Model Explained (Context for &Partners’ broker/dealer structure)
- Kristi Mitchem’s 2026 Outlook (Co-founder’s vision for advisor tech innovation)
People Also Ask About:
- Why do advisors leave wirehouses? Top drivers include autonomy deficits and platform limitations.
- What defines hybrid broker/dealer advantages? Blend of RIA flexibility with broker/dealer compliance infrastructure.
- How critical is succession planning? Family team moves prove generational handoff viability impacts firm selection.
- What metrics matter in firm transitions? Analyze both AUM portability and post-move revenue retention rates.
Expert Opinion:
“The Curley transition exemplifies three market shifts: wirehouse veterans prioritizing cultural fit, the rise of independent hybrids as growth accelerators, and multi-generational teams demanding institutional-grade tech without corporate bureaucracy.” – Industry Analyst, Wealth Management Quarterly
Key Terms:
- hybrid broker-dealer recruitment trends
- wirehouse to independent advisor transition
- tax-efficient wealth transfer strategies
- multi-generational financial planning teams
- St. Louis-based wealth management platforms
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