Dynasty Financial Partners, advocate of the independent wealth management movement, announced that Sam Anderson and Harris Baltch have been named Co-Heads of Dynasty Investment Bank. This announcement signifies the next stage in the development of the bank and the continued dynamic growth of Dynasty’s industry-leading platform. Anderson and Baltch will report to Justin Weinkle, Dynasty’s Chief Financial Officer, who was concurrently named chair of Dynasty’s Capital Committee. This expansion of executive leadership will provide Dynasty Investment Bank with the increased focus, talent, and resources necessary to source the best opportunities and deliver optimal outcomes for its investment banking clients.
Officially launched in 2023, Dynasty Investment Bank provides specialized services to both wealth management and asset management firms, including merger and acquisition advice and execution to both buyers and sellers, capital underwriting, valuations, and succession planning. In 2024, the Dynasty Investment Bank advised on 15 M&A and capital-raising deals, which included cross-border public company M&A, domestic sell-side transactions, strategic recapitalizations, valuations, and capital-raising mandates.
Prior to joining Dynasty, Anderson and Baltch covered complementary sectors of the financial services industry as investment bankers at Goldman Sachs and UBS, respectively. During their combined careers, they have executed over $50 billion in M&A transaction value and over $100 billion in financing. During their three years at Dynasty, they have already collaborated on numerous transactions on behalf of the Dynasty Network. Dynasty Investment Bank exclusively advised Abacus Life [Nasdaq: ABL], a leading publicly traded global alternative asset manager, on its $200 million acquisition of Carlisle Management Co., an alternative asset manager based in Luxembourg. The deal closed in December 2024. More recently, the bank exclusively advised Jenkins Wealth, a Denver-based RIA with $250 million under management, on its January 2025 announced sale to Mariner, a Kansas-based RIA overseeing $258 billion nationwide.
According to Shirl Penney, Founder and CEO of Dynasty Financial Partners: “In a similar fashion as many areas of our business, the official launch of Dynasty Investment Bank two years ago and this expanded leadership team we announced today developed naturally from activity already underway supporting our network of firms. We are proud of the way our business has progressed through the alignment and close partnership we have with our clients. It's that same partnership mentality that Sam and Harris will embody as they expand Dynasty Investment Bank and execute on behalf of our clients. The potential for this area of our business is limitless.”
Dynasty is one of the top liberators in the wealth management industry, helping advisors gain their independence while supporting them with tools to better grow their businesses and take better care of their clients. Dynasty’s network consists mostly of clients who own and operate independent registered investment advisories (RIAs) that leverage Dynasty’s integrated technology, services, robust turnkey asset management program (TAMP), digital lead generation services, capital solutions, and investment bank. This top tier, integrated RIA platform model provides synthetic scale and allows Dynasty-powered RIAs to be Independent But Not Alone™. Currently, Dynasty has 57 Network Partner firms representing over 500 advisors and over $105 billion in platform assets.
Dynasty Investment Bank produces a quarterly newsletter, ‘Inside the Deal,’ which analyzes key industry trends, statistics, and deals. To read the latest issue and access previous editions, click here. In addition, the team regularly hosts webinars on compelling industry topics. Click here to subscribe.
