NEW YORK, NY, August 31, 2015 — Dynasty Financial Partners today announced its partnership with SevenBridge Financial Group, the most recent independent advisory firm to leverage Dynasty Financial Partners’ industry-leading platform of integrated wealth management services and technology.
Managing Partners Charles R. Eberly, Jr. and Lawrence J. DeFluri launched SevenBridge Financial Group after leaving Wells Fargo Advisors. Both Mr. Eberly and Mr. DeFluri worked at Wells Fargo Advisors 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.
SevenBridge Financial Group derived their name from the seven bridges in the heart of historic Harrisburg, Pennsylvania.
With client assets of more than $250 million, SevenBridge Financial Group immediately becomes one of the largest independent advisory firms in Pennsylvania. The firm works with high-net-worth families, business owners, land owners of oil and gas rights, professional firms, charitable institutions and endowments.
According to Managing Partner Charles Eberly, “We are delighted that, as an independent firm, we have the freedom and ability to choose any strategic partner firms — from institutional research to world-class custodians — to give our clients a heightened level of service and a broader range of options.”
Shirl Penney, CEO of Dynasty, added, “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.”
Dynasty crafted a customized platform for SevenBridge Financial Group, which includes Dynasty’s groundbreaking investment platform, integrating industry-leading proprietary research from Wilshire Associates and Callan Associates and Envestnet’s state-of-the-art portfolio tools and reporting technology. Charles Schwab will provide custody.
About SevenBridge Financial Group
SevenBridge Financial Group is an independent, full-service Registered Investment Advisor dedicated to serving the varying and distinct needs of our clients: High net worth individuals and families, business owners, executives, professional firms, foundations and endowments, and those reaping the benefits from natural resource harvesting. By striving to fully understand their clients – their life plans as well as their financial objectives – the team establishes the basis for building a comprehensive, long-term wealth strategy through fee-based financial planning and investment management services. For more information, please visit sevenbridgefinancial.com.
Natural Gas Resources
SevenBridge has extensive expertise in working with clients who receive income from natural gas leases on their properties. The team provides guidance on every step of the process, from first approach by an energy provider through incorporating assets into existing financial plans. They also work as part of a team with their clients’ CPAs and legal counsel to ensure they are achieving maximum benefit for their resources.
Charles R. Eberly, Jr. — Managing Partner
As Managing Partner of SevenBridge Financial Group, Mr. Eberly has oversight of the firm. Prior to launching SevenBridge, Mr. Eberly was a Senior Vice President and Investment Officer at Wells Fargo Advisors. He began his career Shearson Lehman Brothers in 1992. Prior to entering financial services, he was a Field Artillery Officer with the U.S. Army.
Mr. Eberly graduated from Slippery Rock University in Pennsylvania with a B.S. in Business Administration. He attended several advanced schools while in the Army, including Ranger School, and graduated with honors from the Field Artillery Officer Advanced Course. He is an active member of the community and has served as President of the Rotary Club of Mechanicsburg, Trustee of Zembo Shrine and on the boards of the West Shore Chamber of Commerce and Easter Seals of Central Pennsylvania, among other civic activities.
Lawrence J. DeFluri — Managing Partner
As Managing Partner at SevenBridge Financial Group, Mr. DeFluri is responsible for oversight of the firm, as well as the provision of comprehensive financial management, planning and investment services to his clients and their families. Prior to SevenBridge, Mr. DeFluri worked at Wells Fargo Advisors as a Managing Director. Prior to that, he was a Financial Advisor with Merrill Lynch and Smith Barney. He began his career as a Petroleum Engineer with Tenneco Oil Company.
A graduate from Penn State University, Mr. DeFluri has a B.S. in Petroleum and Natural Gas Engineering, and an M.S. in Environmental Engineering from Oklahoma State University.
Michael McConahy, CRPC® — Financial Advisor
Mr. McConahy is an Advisor at SevenBridge Financial Group. His responsibilities include managing the financial affairs of family clients, navigating investments for clients and institutions, and coordinating estate planning with clients’ other trusted advisors such as accountants and attorneys. Previously, he worked at Wells Fargo Advisors since 2008. Mr. McConahy entered the financial services field in 1997. He worked for a number of years as an actuarial analyst with such noted consultancies as Mercer and Aon. He was an actuary for 12 years prior to joining the firm.
Mr. McConahy holds a Bachelor’s degree in Mathematics with a minor in Actuarial Science from Frostburg State University in Maryland. He is a member of the Mechanicsburg Rotary Club and volunteers at the Bethesda Mission Youth Center.
Patricia Jakeway — Director of Client Resources
Ms. Jakeway is Director of Client Resources at SevenBridge Financial Group where she is the point person for all client activity. Prior to that, she was a Senior Client Associate at Wells Fargo Advisors.
Ms. Jakeway began her securities career with Merrill Lynch in 1993 as a receptionist, working her way up to Administrative Assistant and, finally to Manager’s Secretary before moving to a predecessor firm of Wells Fargo Advisors in 1999. She proudly served in the United States Army Reserves for six years, ending her career as a Sergeant with an honorable discharge.
About Dynasty Financial Partners
Dynasty Financial Partners is the premiere integrated platform for the wealth management industry’s top advisors. Dynasty develops, sources and integrates wealth management capabilities, solutions and technology into its open-architecture platform to help independent advisors protect and grow their clients’ wealth. Dynasty’s core principle is “objectivity without compromise,” and the firm is committed to crafting solutions that allow investment advisors to act as true fiduciaries to their clients. For more information, please visit www.dynastyfinancialpartners.com and follow us on Twitter @DynastyFP