Clifton Park, New York…DLG Wealth Management, LLC, a Securities and Exchange Commission registered Investment Advisor, today announced that through a series of transactions, it has joined with Etico Partners, LLC (formerly M.J. Whitman LLC), a SEC-registered and FINRA member broker–dealer founded in 1974.
Wendy Elliott, President of DLG Wealth Management noted—”Over the past decade as our business has grown and the regulatory landscape continues to change, the lack of a well-managed, affiliated full service broker-dealer was impeding our growth and impairing our ability to provide our clients cost-effective, high-end investment advice and services. After more than a year of hard work and regulatory review, we are delighted to join with Etico Partners, LLC.”
Scott Weisman, Chairman of the combined group and CEO of Etico Partners, LLC, added “M.J. Whitman, with its more than forty years of operations, broad regulatory entitlements, an unblemished regulatory history and strong culture of service and compliance, is the perfect complement to DLG Wealth Management and its similar culture and history. To facilitate integration and enhance service, all operations of Etico Partners, LLC have been moved from New York City to Clifton Park.”
In addition to Etico Partners, LLC, the transaction added a decades-old merchant bank and several industry veteran outside directors as well as an investment banking arm. Utica-based Joe Leo, a long-tenured DLG advisor, insurance specialist and a key member of the management team, stated “we had outgrown our prior relationships and structure and are now poised to strategically add high quality advisors and provide sophisticated financial solutions for our clients.”
Etico Partners, LLC, member FINRA/SIPC, is a full-service brokerage firm offering customized services to private and institutional clients.
DLG Wealth Management, LLC is a SEC-registered investment advisory firm that provides high net worth individuals and institutional clients with comprehensive and personalized investment management expertise.