New Custody, Clearing Agency Launches With Ex-Hightower Exec at Helm

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“Over the previous 18 months, now we have launched into an formidable journey to reimagine how we serve the RIA and unbiased dealer neighborhood,” Jeffrey A. Desich, chairman of Innovayte and government vice chairman of Fairness Belief Co., mentioned in a information launch.

“With the launch of Innovayte, now we have a greater technique to help entrepreneurs, specializing in enterprise outcomes, not asset measurement,” he mentioned. “We shall be inviting a choose variety of advisors whose practices have lengthy been neglected by the large corporations and deserve a better deal of consideration from their companions.”

In 1974, Richard Desich launched a brokerage agency that ultimately grew to become Fairness Belief Co., an unbiased belief firm. Nearly 40 years later, the Desich household fashioned Fairness Advisor Options to additional serve the monetary companies trade.

“With the forthcoming addition of self-clearing capabilities and different choices, the workforce determined to type a brand new firm to carry all of the items collectively, meet the altering wants of the fast-growing trade and match its advisors’ entrepreneurial spirit,” the corporate defined.

Pictured: Cat Davies, CEO of Innovayte.

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