Dynasty Recruits NYC MATAURO Team from Equitable

Dynasty Financial Partners said New York City-based MATAURO has joined its independent wealth management platform.

Co-founded by CEO Matthew Klein, CFO Barrett Tabeek, and COO Steven Van Hooker, the 14-person MATAURO team has serviced $700M in client assets, most recently with Equitable Advisors and before that with AXA Advisors, Dynasty said in a September 30 press release. Fidelity will serve as the new group’s custodian, Black Diamond will handle performance reporting, eMoney will provide financial planning solutions, and BeCo will cover information security and technology.

The Florida-based Dynasty network encompasses 56 independent firms and more than 400 advisors, with average managed assets of nearly $1.8B per firm and approximately $250M per advisor. As of the end of the second quarter, the RIA said it oversees $100B in assets under administration.

View the press release here.