HomeFA OnlineFA NewsJim Martin Team Launches $5B AUM Indie With Dynasty Assist

Jim Martin Team Launches $5B AUM Indie With Dynasty Assist

Financial advisor Jim Martin and a team of four professionals have partnered with St. Petersburg, Fla.-based Dynasty Financial Partners to launch Nordwand Capital, an independent multi-family office and investment firm with approximately $5 billion in client assets, the companies said.

Headquartered in Radnor, Pa., with offices in New York City and Boston, the independent practice focuses on generational continuity, philanthropy, and service as the hallmarks of its investing and client services. In addition to being a registered investment advisor (RIA), the newly-launched firm has established Nordwand Investments LLC as an independent entity designed to facilitate co-investment opportunities worldwide. Nordwand Investments will be the general partner (GP) of several listed and private investment funds it will manage, as well as the opportunistic Special Purpose Vehicles. 

Nordwand Investments’ founding family partners have already contributed in excess of $250 million in seed capital to its first three funds, which according to Martin, the firm’s CEO and CIO, is emblematic of its forward-looking investment posture.

“We needed to meet the needs of 21st-century ultra-wealthy clients. which requires creativity and flexibility,” he said in the news release. “In response, we launched Nordwand Capital as a fully independent firm that is nimble and responsive enough to seize investment opportunities as they arise. Our new firm offers flexibility, speed, and creative structuring, giving our clients more attractive investment options.”

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Martin most recently served as managing director at Morgan Stanley Private Wealth Management, which he joined in 2016 from Credit Suisse’s private-banking division. Earlier, he was a founding member of Donaldson, Lufkin & Jenrette’s Philadelphia office. He received a B.S. degree in finance from St. Joseph’s University.

The Norwand team also includes COO Christopher Boyle, who was formerly a wealth management analyst at Morgan Stanley Private Wealth Management; Theodore W. Brooks, CFA, head of listed strategies, who formerly served as vice president of investor relations at EVgo; Connor Martin, senior associate, who formerly served as a senior investment associate at Cambridge Associates; and Daniel Kane, senior associate, who formerly worked for Morgan Stanley and UBS as an investment specialist advising ultra-high-net-worth individuals and families.

Shirl Penney, CEO of Dynasty Financial Partners, said in the news release that he and his team were delighted to welcome the Nordwand team to the Dynasty Network.

“This is one of the largest fully independent firms launching in 2022 and it shows the continuation of the trend of the most successful financial advisors and investment professionals moving toward full independence,” he said.

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Founded in New York City in 2010, Dynasty Financial Partners is both a consulting firm and a platform network for entrepreneurial advisors seeking to launch an independent practice.

Nordwand Capital has selected Boston-based Fidelity Brokerage Services LLC as its custodian. Fidelity Institutional (FI) provides clearing, custody, or other brokerage services through National Financial Services LLC or Fidelity Brokerage Services LLC.

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