JHS Capital Advisors, through its acquisition of Pointe Capital, has launched a brokerage and wealth management firm to offer personalized client services for investors nationwide. A subsidiary of JHS Capital Holdings, the firm aims to deliver client offering to professional financial advisors at wire houses, banks and independent practices.
JHS Capital Advisors’ wealth management group will be led by Mary Kennemur, a former first VP and regional MD of Merrill Lynch. JHS Capital Advisors’ retail and institutional investment group will be led by Paul Richardson, the former CEO and co-founder of the independent financial services firm Pointe Capital.
John Sykes, chairman of JHS Capital Holdings, said: “Our vision for JHS Capital Advisors is to offer a distinctly client-centric approach to financial services, combining unbiased advice with the sophisticated solutions that today’s investors are seeking. We are committed to building a unique advisory firm, with a fresh business model, that provides both wealth management and independent brokerage capabilities.”
Ms Kennemur said: “At JHS Capital Advisors, financial professionals that share our core values have the opportunity to join an inclusive organization that represents a diversity of backgrounds, experience and views. Advisors will join a firm that provides a sophisticated wealth management platform, greater autonomy, higher grid payouts and an environment in which their contributions are valued with an eye on providing their clients a world class experience. We will sit on the same side of the table with our clients.”
Mr Richardson said: “JHS Capital Advisors brings high caliber leadership with strong credibility that will resonate with institutional and individual investors who are seeking more personalized services. I am incredibly excited about the opportunity to partner with John Sykes and Mary Kennemur in this compelling new enterprise. The firm’s vision is to continue to build an independent channel directed toward the realization of enhanced organizational and investor value by partnering with wealth management capabilities.”