DARIEN, CT - June 19, 2017 - FallLine Securities, the first wealth management platform designed exclusively for independent private wealth advisors and their ultra-high net worth (UHNW) clients, today announced that Requisite Capital Management has chosen FallLine as its provider of technology, brokerage and wealth management services.
Requisite Capital Management is a fully-integrated wealth management firm led by Douglas John and Bryn Basiardanes Talkington. Doug was formerly a Managing Director at UBS Private Wealth Management, where he advised on approximately $1 billion of client assets, and Bryn a Regional Director at UBS Asset Management. Requisite Capital Management has offices in Dallas and Houston.
“Today’s wealth management business is undergoing rapid changes as advisors continue to seek the right environment to do what’s best for their clients,” said John Straus, FallLine’s CEO and co-founder. “Advisors serving ultra-high net worth clients have specific and specialized needs. FallLine is expert in meeting those needs. Every aspect of our platform, whether it is our broker-dealer, technology, processes, or the investment solutions we assist advisors in sourcing, is purpose-built for these clients and those advising them.”
FallLine exclusively serves financial advisors who cater to UHNW individuals and families. The firm’s offering enables private wealth advisors to build their own independent hybrid RIA businesses. FallLine’s offering includes a highly-customized, integrated technology platform, investment solution support, comprehensive transition services and a network built exclusively for UHNW private wealth advisors. Additionally, FallLine is the only firm focused on the independent UHNW marketplace that has full-service broker-dealer capabilities, providing advisors with maximum flexibility to meet their clients’ needs.
“When I first started speaking with John and his team, it was abundantly clear how carefully FallLine had thought through the issues facing advisors and their clients, and how well they understood our desire to define and manage the client experience,” said Doug John. “We can offer our clients a broader, more comprehensive set of ultra-high net worth investment solutions, and the technology and support to execute seamlessly. FallLine’s fully-integrated platform, including its broker-dealer, compliance services, and custody at Raymond James, is critical to our ability to truly serve our clients. We are delighted to be part of the FallLine platform.”
The independent channel is the only segment of the financial advisory business to experience growth since the 2008 financial crisis. This growth can be attributed to a variety of factors. Advisors often cite premium technology, a comprehensive and unconflicted investment platform, and the ability to operate in a client-first manner.
Financial advisors serving the ultra-high net worth client segment have been the least likely to form their own companies. The services they need have not been available in a turn-key package and service providers tend to have little experience with the UHNW segment. FallLine solves both these issues.
“We are thrilled to welcome the Requisite Capital Management team to our platform,” said FallLine President and co-founder, Peter Ruhlin. “Requisite and its ultra-high net worth clients are illustrative of the reasons we built FallLine. To serve professionals like Doug and Bryn, we felt it critical to develop a more compelling solution than anything the independent financial advisory marketplace has offered to date.”
About FallLine Securities
FallLine Securities LLC, an industry innovator, is the first wealth management platform designed exclusively for independent private wealth advisors who serve ultra-high net worth (UHNW) clients. FallLine is the only UHNW-focused firm that combines a registered broker-dealer, a customized technology, investment solutions and services platform, comprehensive transition services and a network built exclusively for UHNW private wealth advisors. FallLine provides entrepreneurial private wealth advisors with a clear, unified path to their own hybrid RIA. Learn more at www.falllinesec.com.
About Requisite Capital Management
Requisite Capital Management LLC is a fully-integrated wealth management firm serving ultra-high net worth individuals and families. It offers a full spectrum of solutions, embracing technology as a catalyst for defining and managing the client experience. Learn more at www.requisitecm.com.