Dynasty Financial Partners-affiliated Procyon Partners just hired Steven Mitchell, former managing director of Wealth Management at UBS, where he advised on more than $2 billion of assets. Procyon Partners has $3 billion in assets under advisement.
In July, Dynasty added a $420 million advisory team from Morgan Stanley to its network: ShoreHaven Wealth Partners, previously Durso Wealth Management Group.
Mitchell has 30 years in the business, specializing in retirement, financial planning and structured lending for ultra-high net worth families. Prior to UBS, he was with Barclays Capital for a short stint after leaving Lehman Brothers, where he had been for 17 years.
"Steven … brings a wealth management and lending expertise that will expand the services and resources that Procyon's Private Wealth group specializes in," according to Procyon Partners CEO Phil Fiore. "We plan to continue this theme of expansion and will be making additional announcements in the near future."
