Underscores Rising Recognition Across Wealth Management Industry of LaSalle St.’s Versatile Support Structure and Commitment to Advisor-First Solutions
CHICAGO – September 9, 2024 – LaSalle St., a family of independent wealth management firms encompassing independent broker-dealer and registered investment adviser (RIA) platforms, today announced the successful recruitment of Jonathan Hoy, a Providence, RI based advisor who oversees over $85M in client assets that specializes in full service private wealth management for high net worth families. Mr. Hoy is joined in his practice by his son Chris. The new addition underscores LaSalle St.’s accelerating success in bringing aboard experienced and growing independent wealth management advisor teams across the country.
Mark Contey, SVP and Chief Marketing Officer for LaSalle St., said, “We are excited to welcome Jon, Chris and their clients, to the LaSalle St. family. The exceptional client service skills and integrity of the team provide a strong fit with our firm’s culture and vision. It is our pleasure to support the team as they guide clients through volatile markets and uncertain economic conditions, to achieve their financial goals. Additionally, I also really enjoy seeing kids come into a parent(s), or family members, practice. Seeing the next generation of our industry stepping forward is truly inspiring. You can clearly start to see what the future of our industry is going to look like and that in itself is very exciting.”
Mr. Hoy said, “With all the consolidation and movement in the industry, Chris and I were interested in affiliating with a firm that better fit the overall needs of the practice and our clients. During our due diligence of other firms, we found that LaSalle St. stood out as they truly opened themselves up to fully understand the needs and going forward goals of the practice. Finding a firm where I can call and talk to any of the staff including decision makers was a very important part of my decision. We have found all of that and more with LaSalle St.”
Mr. Contey went on to say “Our continued emphasis on providing a conflict free affiliation for independent financial advisors and their clients is increasingly making LaSalle St. the destination of choice for growth-oriented wealth management financial advisors across the country and we look forward to announcing more exciting wins in the near future.”
LaSalle St. announced recently that they have 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 broker-dealer; 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.
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Media Inquiries
Mark Contey, CMO
LaSalle St.
630-442-9430
mark@lasallest.com