Dynasty Financial Partners will consolidate all of its operations in its headquarters in downtown St. Petersburg.
The company will close its New York office by November, according to a report in Citywire RIA, an online news source for registered investment advisors. That office, in midtown Manhattan, was Dynasty’s headquarters until it moved to St. Petersburg in 2019.
The company currently occupies about 15,000 square feet at 200 Central, where about 50 employees work.
“We love St. Pete, quality of life, cost of living, really like our home in 200 Central, and are committed to being here for the headquarters going forward per previously announced,” CEO Shirl Penney told the St. Pete Catalyst. “Everything that we have hoped for in the move has been confirmed to the positive with our move to St. Pete!”
Dynasty provides wealth management and technology platforms for independent financial advisory firms. About 25 people work at its New York office, including employees in operations, technology and sales, Citywire said.