Dynasty adds a further US wealth firm to its network.

Dynasty Financial Partners has partnered with advisory firm Pivotal Planning Group, which is based on Long Island, New York and in Norfolk, Virginia. 

Pivotal Planning Group manages $275 million in individual and 401(k) assets.

The announcement adds to a busy period for Dynasty, which works with registered investment advisors and other wealth managers. It recently introduced a new financing facility for wealth firms seeking to grow. Dynasty has tapped into the demand for advisors to break away from large banks and other institutions to build their own firms. (See an example of its work here.)

John Marchisotta is the managing partner of Pivotal, with more than 25 years of industry track record. He began his career as a tax accountant with the firm’s parent company, Satty, Levine & Ciacco in 1991.

Michael Kelly is the director of the firm’s Norfolk, VA Office. He is a senior financial advisor and member of its investment policy committee. Michael J Desmond is director of Pivotal’s Retirement Plan Services division and is also a senior financial advisor and on its IPC. Another IPC member, and senior financial planner, is James P Diver. He is also director of technology and operations.

Pivotal Planning Group plans to expand their footprint via strategic acquisitions with like-minded advisors. In addition, the firm plans to open a Florida office later this year and, over the next five years, continue the expansion with multiple new offices, Dynasty said in its statement. It has been a fiduciary advisory firm for nearly 20 years. The firm has two distinct service groups. The first serves high net worth families, the second serves firms with fewer than 1,000 staff where Pivotal is fiduciary advisor to the retirement plan.