Veteran Advisors Launch XXI Wealth in Partnership with Dynasty Financial Partners

Team Previously Managed $900 Million in Assets; Clients Include Athletes, Attorneys, Business Professionals, and Entrepreneurs

A team of veteran advisors today announced the launch of their independent firm, XXI Wealth, in partnership with Dynasty Financial Partners.

Based in Chicago, XXI Wealth is an independent comprehensive wealth management firm providing best-in-class service and access to unique investment opportunities. The firm is led by four veteran professionals with an average of 25+ years of experience in the investment industry:

• Kurt Newsom Managing Partner, Wealth Advisor (formerly with CIBC)
• Matt Cavanaugh Managing Partner, Director of Investments (formerly with a multi-family office RIA)
• Kathleen Merkle SVP, Client Service Manager (formerly with CIBC)
• Elizabeth Sadler SVP, Client Service Manager (formerly with CIBC)

“We are thrilled to launch XXI Wealth,” said Matt Cavanaugh, Managing Partner and Director of Investments. “With our newfound independence, we will be able to offer our clients innovative investment solutions on a more efficient technology platform, allowing us to expand our level of service and offerings to fit their exact needs.”

Kurt Newsom added, “We have a team of professionals driven by a shared vision to redefine excellence in wealth management. By combining our expertise, innovation, and commitment to client success, we are building a firm that sets the gold standard for the industry."

The team chose to name their firm ‘XXI Wealth’ as a nod to the concepts of independence and greatness associated with the number 21. “Throughout history, the number 21 symbolizes positivity, transformative change, and expanded horizons—qualities we aim to embody for the benefit of our team and clients in the years ahead," said Mr. Cavanaugh.

According to Shirl Penney, Founder and CEO of Dynasty Financial Partners: “The XXI Wealth team has extensive operational backgrounds, so they are very familiar with the never-ending puzzle of which technology and processes are needed to improve efficiency and ultimately the client experience. We are proud to partner with them and provide them with the right infrastructure that allows them to focus 100% on their clients from Day One.”

XXI Wealth has selected Schwab and Fidelity as its custodians. In addition, the firm will partner with Pontera to support its 401k management offering.

For more information, please visit https://xxiwealth.com.

About Dynasty

Dynasty is a provider of technology-enabled wealth management solutions and business services for financial advisory firms primarily focused on serving high net worth and ultra-high net worth clients. Dynasty provides access to a comprehensive platform of software and technology tools, business services, and holistic investment management capabilities through an open-architecture platform delivered via a suite of proprietary and third-party technologies. Dynasty’s technology, tools, and services provide advisory firms the supported independence to launch their business, scale their operations, and grow their firms — both organically and inorganically — while also allowing them to be more focused on and better equipped to serve their clients.

For nearly a decade and a half, Dynasty has championed the benefits of independent wealth management for high net worth and ultra-high net worth clients and has contributed to the movement of assets from traditional brokerage channels to the independent channels of wealth management. A recognized industry leader, Dynasty has differentiated itself by developing competitive strengths, including a deep understanding of and strong relationship with its clients; a comprehensive offering of services and technology-enabled solutions; the ability to leverage its size and breadth to invest; the flexibility and seamlessness enabled by a modular technology solution; an entrepreneurial culture; and an experienced and committed management team. Dynasty is committed to continually growing its business by facilitating existing advisory firm clients’ growth, onboarding new clients, increasing clients’ use of its broader capabilities, launching additional solutions, and facilitating complementary acquisitions.

For more information, please visit www.dynastyfinancialpartners.com.

Also visit Dynasty on social media:

LinkedIn: https://www.linkedin.com/company/dynasty-financial-partners

Twitter: @DynastyFP

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