The alliance will give GIS advisors access to Dynasty’s investment platform, while helping both firms to grow their international footprint.

Dynasty Financial Partners, the platform of integrated wealth management services and technology for independent advisors, and Florida-based broker-dealer Global Investor Services, have created an alliance to expand their global wealth platform.

GIS, which has offices in the US and Latin America, has 100 financial representatives and advisors with $2.5 billion in assets under management. Click here for another recent article about Dynasty and GIS.

As part of the deal, GIS advisors will have access to Dynasty's investment capabilities including its turnkey asset management platform as well as Dynasty Select, its list of long-only, separately-managed asset managers and alternative hedge fund and private equity managers. GIS will also be able to use Dynasty’s outsourced chief investment officer platform.

“In addition, Dynasty’s investment solutions will provide GIS representatives access to more competitive pricing as well as operational efficiencies which allow for a robust wealth management platform,” said Daniel Schwartz, chief executive of GIS. 

“We believe this unique relationship with GIS will leverage both of our networks and platforms and we are now positioned to capture an increasing share of the international business going to the RIA space,” added Ed Swenson, chief operating officer of Dynasty. 

In April, Dynasty, which operates from offices in New York City, Chicago, Coral Gables, Florida and San Francisco, entered into a similar partnership with Florida-based Premia Global Advisors.