Dynasty Financial Partners today announced its partnership with Cribstone Capital Management, the most recent independent investment advisory firm to leverage Dynasty Financial Partners’ industry-leading platform of integrated wealth management services and technology.
Financial advisor Scott Upham co-founded Cribstone Capital Management over two years ago. Now, together with Partner and Investment Strategist, Odette Galli, Mr. Upham has left Ameriprise to launch Cribstone as an independent RIA. In addition, financial advisor John Duffy is joining Cribstone as a Partner from LPL. Cribstone Capital Management will immediately become one of the largest financial advisory teams in Maine.
“Cribstone Capital Management was founded as a regional firm in Maine and is very much built around our desire to keep our clients’ money management services in Maine. Cribstone Capital Management partners with our clients to develop creative, tailored wealth management solutions to fulfill their missions and goals. We have the opportunity to position Cribstone as a leader among New England’s top financial advisory firms,” said Scott Upham, Managing Partner and Director of Wealth Management of Cribstone Capital Management. “We have a passion for serving clients both in the state and those who may be at a distance but identify proudly and profoundly with Maine.”
Cribstone Capital Management works with families to develop highly customized wealth management solutions that align tax, legal, philanthropy, estate planning and investment portfolios with the deep connection they have to the strong values reflected in the local community. The firm also provides comprehensive solutions to many non-profit clients throughout the state in the form of endowment management, retirement plan services and consulting. Cribstone Capital Management is headquartered in Brunswick, Maine with additional offices in Augusta and Cumberland Foreside.
The company will leverage Dynasty’s fully open architecture platform, with Charles Schwab providing custody services. The team will access Dynasty’s groundbreaking investment platform, which includes industry-leading proprietary research from Wilshire Associates and Callan Associates and Envestnet’s portfolio tools and reporting technology, all integrated through the state-of-the-art Dynasty Desktop Advisor Portal.
“The Cribstone Capital Management team consists of extraordinary investment advisors who have built a remarkably successful business and are now combining two practices with a deep connection to their community,” said Shirl Penney, President and CEO of Dynasty Financial Partners. “Dynasty is delighted to partner with Scott, Odette, John and their team and we are proud to add them to our Network of truly independent advisors.”
According to Tim Bello, Partner and Director of Strategic Implementation at Dynasty, “With their newly launched independent firm, we expect that Scott, Odette and John will have even greater success building out their business and will become the firm that successful advisors in Maine and other independent minded advisors in New England will seek to join.”