$250m Wells Fargo team joins Dynasty network

PUBLISHED IN PRIVATE ASSET MANAGEMENT, AUGUST 2015

A team of advisors in Harrisburg, Pennsylvania has broken its ties with Wells Fargo Advisors and formed an independent practice through the Dynasty Financial Partners platform.

SevenBridge Financial Group was launched by managing partners Charles R. Eberly, Jr. and Lawrence J. DeFluri after leaving Wells Fargo Advisors where they had both previously worked for 16 years. Michael C. McConahy, advisor, consultant and planner and Patricia Jakeway, director of client resources at SevenBridge also join from Wells Fargo Advisors.

The new advisory group, which derived its name from the seven bridges in the heart of Harrisburg, has broken away with more than $250m in client assets. The firm works with high-net-worth families, business owners, land owners of oil and gas rights, professional firms, charitable institutions and endowments.

Shirl Penney, CEO of Dynasty, said: “Chuck and Larry and their team have strong connections in Harrisburg and deep experience with high net worth families, foundations and endowments and oil and gas clients. They will be a great addition to the Dynasty Network.”

SevenBridge Financial Group will utilize Dynasty’s investment platform, integrating proprietary research from Wilshire Associates and Callan Associates and Envestnet’s portfolio tools and reporting technology. Charles Schwab will provide custody.