Summit Path Advisors, a New York-headquartered registered funding advisor with $18 billion in shopper belongings, has added a crew of 10 monetary professionals who beforehand managed $3 billion in belongings at BMO Monetary Group. The previous Key Shopper Group was with BNP Paribas’ Financial institution of the West earlier than it was acquired by BMO in 2023.
The group is positioned in places of work throughout the nation and contains David Hultman and Danielle Louton, companions and advisors in San Francisco; Ali Homayounfar, previously head of the Key Shopper Group, accomplice and head of enterprise growth in New York; Roberto Homar, advisor and portfolio administration specialist in New York; Tony Morel, funding specialist in New York; and Dimitre Ivanov, head of enterprise administration and shopper reporting in Chicago. Companion and advisor Shima Salehi relies in Portland, Ore., and can lead Summit Path’s growth within the Pacific Northwest, whereas Companion and advisor Matthew Marsh will construct out the agency’s first Rocky Mountain area workplace in Denver.
The crew can also be joined by shopper companies officers Ina Locsin in San Francisco and Tannaz Sanandaj in Los Angeles.
Summit Path was based in July 2015 by a gaggle of former Barclays advisors, together with founder and Managing Companion Jack Petersen. In June 2015, Stifel agreed to buy Barclays’ U.S. wealth operations, and many advisors opted to depart somewhat than be part of Stifel.
Summit Path, which is a member of Dynasty Monetary Companions’ Community of unbiased monetary advisory corporations, used Dynasty Funding Financial institution as its advisor and to offer financing within the transaction.
