Family Wealth Report – New MFO Lands In Florida
Omnia Family Wealth has become the latest multi-family office in the Sunshine State to launch through Dynasty.
A new multi-family office called Omnia Family Wealth has launched in Aventura, FL, through Dynasty Financial Partners.
Omnia was founded by former Merrill Lynch private wealth advisors Steven and Michael Wagner. The father-son team are joined at Omnia by co-founder and managing director of wealth structure and planning, Ivan Hernandez; director of client services, Diana Torre; and director of operations, Cherie Cohen.
All of them have worked together for years at Merrill Lynch and UBS.
“At Omnia, we believe that there is a great opportunity to expand our business in Florida, North Carolina and other states as families seek a family office approach to managing their wealth,” said Steven Wagner, co-founder and CEO of Omnia Family Wealth.
Omnia Family Wealth, with $1.4 billion in AuM, will use Dynasty’s investment platform, and has selected both Fidelity and Pershing for custody services.
Last week, a group of former Wells Fargo Advisors launched an independent advisory firm with $250 million in clients assets through Dynasty.