RetirementDNA, a San Diego-based advisory team with over $1 billion in assets under management, has joined Integrated Partners, a registered investment advisor and supervisory jurisdiction office of LPL Financial. The move expands Integrated's capabilities in the retirement plan space and provides RetirementDNA with a way to provide private wealth services to the C-Suite executives it serves.
Many RIAs have acquired retirement plan-focused firms as they make big pushes into that space. That's not what Integrated is doing here, said Robert Sandrew, chief growth officer at Integrated. This was more of an opportunistic move.
“They were looking for a private wealth management chassis that could support some of their C-Suite clients,” Sandrew said.
Integrated advisors have the ability to step in and provide private wealth expertise to the C-Suite executives of the companies RetirementDNA works with. Through a combination of advisors in California and Hawaii, it engages with over 250 companies, ranging from start-ups to publicly traded organizations.
On the other hand, RetirementDNA likes the fact that Integrated works with a significant number of business owners. It has been integrated building her business owner platform for the past several years, in which the firm assists those clients who are looking to sell.
Advisors working with many of these business owners can now use RetirementDNA for some of these companies in need of retirement plan services.
“Now we can bring RetirementDNA as another arrow in their quiver, so to speak, to better support that type of customer,” Sandrew said.
RetirementDNA is led by managing partners Daniel Dubois and Shawna Christiansen. They were previously associated with Osaic and OneDigital.
“We are proud that so many of our retirement plan sponsor clients, their employees—including their C-suite executives—have come to know us as an unbiased resource to address a multitude of financial questions and goals,” Dubois said in a statement. . “Integrated Partners' resources and knowledge base perfectly complement our institutional retirement plan expertise, allowing us to better serve the comprehensive financial needs of our clients.”