Strategy
Former UBS Employees Launch Wealth Management Firm
The new wealth management firm has also partnered with a platform provider firm to gain access to its solution.
US-based company Requisite Capital Management has launched a fully-integrated wealth management firm serving ultra-high net worth individuals and families.
The company will be led by Douglas John, a former managing director at UBS Private Wealth Management, and Bryn Basiardanes Talkington, a former regional director at UBS Asset Management, the firm said in a statement yesterday.
Requisite Capital has offices in both Dallas and Houston.
Joining John and Talkington at Requisite are Ryan Dilworth, who will be executive director of investments; Angie Parra, who will be executive director of client experiences; and Briggs Long, who will become associate director.
“We are thrilled about our new company and our ability to define and manage the client experience,” said John. “We look forward to delivering a broad array of investment opportunities and services. Technology is transforming the wealth management industry. With the formation of Requisite, we can now embrace this new technology and use it as a catalyst to reshape how we deliver solutions for our clients. Our clients asked and we listened.”
Meanwhile, Requisite Capital has chosen FallLine Securities as its exclusive platform provider. FallLine is a wealth management platform designed exclusively for independent private wealth advisors and their ultra-high net worth clients.
“We are delighted that Requisite has chosen FallLine’s platform. Ultra-high net worth clients have unique needs and Requisite’s offering is tailor-built to address those needs,” said John Straus, FallLine’s chief executive and co-founder. “We are impressed with Requisite’s vision and ability to define and manage the client experience and to work with clients in the manner that is best for the client. We are confident that this approach will make Requisite a leader among its peers. We look forward to a long and beneficial association with Doug, Bryn and the rest of the Requisite team.”
