Former top Merrill Lynch financial advisor Bruce K. Lee has partnered with Dynasty Financial Partners to form an independent wealth management firm called Keebeck Wealth Management in Chicago.
Lee, who worked at Merrill Lynch in Chicago as managing director and private wealth manager from 2011 to 2018, was fired in April for having an assistant complete a mandatory training module on his behalf.
Lee is the founder, chief executive officer, and wealth advisor of Keebeck Wealth Management. Joseph Polakoff will serve as partner and wealth advisor at the new firm, Mathew Klody as managing director and chief investment officer, Stephanie Roberts as managing director and director of operations, Alexa Hyman as vice president of client solutions, Matthew Carey as an analyst.
Since 2007, Lee has been named to the Barron’s Top 100 and Top 1200 financial advisors and has been recognized as a Financial Times’ Top 400 Financial Advisor since 2014. Lee currently serves on the board of trustees for The University School of Milwaukee.
“Bruce has received consistent, well-deserved industry recognition as one of the country’s top advisors by both Barron’s and the Financial Times, due to his unwavering dedication to serving his clients,” Dynasty Financial Partners president and CEO Shirl Penney added. “We expect that he and his team at Keebeck Wealth Management will continue to earn accolades as disruptors in the wealth management arena.”
Keebeck has selected Pershing Advisor Solutions to provide custody services for its clients’ assets and Addepar for performance reporting.
Dynasty Financial Partners develops, sources and integrates management capabilities for independent investment advisor firms and offers registered investment advisory services. Through Dynasty, Keebeck has access to its investment research, consulting, and proprietary analytical tools.