Underscores Rising Recognition Across Wealth Management Industry of LaSalle St.’s Support Structure and Advisor-First Solutions
CHICAGO – August 15, 2024 – LaSalle St., a family of independent wealth management firms encompassing independent broker-dealer and registered investment advisor (RIA) platforms, today announced the successful recruitment of Patrick Daly and Andrew Pagoulatos who recently joined the firm from Stifel. The new relationship brings over $100M of new AUM to the firm and expands its reach in the Northeast. The addition of Mr. Daly and Mr. Pagoulatos underscores LaSalle St.’s accelerating success in adding experienced and growing independent wealth management firms and advisors across the country.
Mark Contey, SVP and Chief Marketing Officer for LaSalle St., said, “We couldn’t be more excited to welcome Pat, Andrew and their clients, to the LaSalle St. family. Their entrepreneurial spirit and desire to provide a fully independent experience, not only for their practice but also for their clients, fits together perfectly. Mr. Contey went on to say that, “As a firm, we have steadfast emphasis on providing a conflict-free affiliation for independent financial advisors and their clients which is increasingly making LaSalle St. the destination of choice for growth oriented wealth management financial advisors across the country. We look forward to announcing more exciting recruiting wins over the coming months.”
Mr. Daly added by saying, “Andrew and I did a lot of due diligence and asked a lot of questions, and we found that LaSalle St. stood out from the rest as they truly opened themselves up to understand the needs of our practice and future goals. There are a lot of moving pieces when considering a move and their entire team was very patient as we made decisions. Finding a consultative firm where we can call and talk to any of the staff including decision makers was an important part of who we wanted to affiliate with. We have found that with LaSalle St. and look forward to working with them”.
Earlier this year, LaSalle St. announced that they had signed a strategic agreement with Advyzon as an addition to their technology offering to their advisors. The platform provides
advisors with single sign on capabilities to access multiple services, including portfolio management, account aggregation, performance reporting, CRM, a growth suite, client portal,
and secure document management. The Advyzon platform also provides complete integration of these capabilities, as well as to LaSalle’s clearing and custody services. Additionally, in 2023, the firm announced that they had offered a significant percentage of its equity to a group of its affiliated reps and advisors. The new program is considered unique in the independent marketplace and set the firm on its future long-term focused path.
About LaSalle St.
LaSalle St. is a family of firms comprising LaSalle St. Securities, an independent brokerdealer; LaSalle St. Investment Advisors, a SEC-registered investment adviser; and LaSalle St. Insurance Services, a provider of annuity and insurance products. It has a singular mission of supporting the growth and success of independent financial advisors across the country. Founded in 1974 and based in Chicago, Illinois, LaSalle St. supports more than 325 financial advisors, has approximately $14 billion in total client assets and is registered in all 50 states.
The LaSalle St. companies offer a wide range of services, including brokerage, advisory, investment and insurance. The firm clears primarily through National Financial Services, with custodial services through NFS parent Fidelity Investments.
# # #
Media Inquiries
Mark Contey, CMO
LaSalle St. Securities, LLC
LaSalle St. Investment Advisors, LLC
630-442-9430
mark@lasallest.com