SAN DIEGO, March 5, 2018 — Kimberly Papedis and Thomas Brown join forces with Mike Papedis to fuel growth in the independent marketplace

Recognizing the opportunity to partner with advisors at each milepost along their journey to independence and drive industry growth in the independent marketplace in a holistic way, Kimberly Papedis, former Head of National Sales & Platform Strategy, and Thomas Brown, former Executive Director Business Development, both of HighTower, join Fusion:

 

  • Kimberly Papedis, President – Papedis brings over 20 years of experience in the independent financial advisory space. She will lead corporate strategy and operations, from Fusion’s San Diego headquarters. She joins Fusion after nearly 4 years heading National Business Development and Platform Strategy for HighTower. Previously she served as Senior Vice President and Regional Director of Business Development for the independent platform of Wells Fargo Advisors, FiNet. Prior to that, she was a Vice President of Business Development for Raymond James Financial and was also an independent wealth advisor.

 

  • Tom Brown, Regional Director, Business Development – Brown brings 24 years of industry experience and joins Fusion to lead consulting and transition guidance in the East. He establishes Fusion’s New York presence, with particular focus on Tri-state area client expansion. Mr. Brown previously led East Coast business development efforts for HighTower as Executive Director. Prior to HighTower, Brown co-founded Black Valley Consulting LLC, a coaching and consulting firm dedicated to helping advisors reach new levels of performance success. Prior to that, he served as a Branch Manager of a legacy Smith Barney office. He was the Head of National Recruiting at UBS, where he was in charge of the recruiting new advisors and served as Assistant to the Northeast Division Director of Smith Barney.

 

As the breakaway trend accelerates its momentum – with nearly half of wirehouse movers choosing independence – advisors can be confused by their options. Many advisors will admit they are afraid by “what they don’t know” as it relates to launching their own firm.“In my previous leadership roles, I witnessed the tremendous gap of information in the marketplace and the confusion caused by multiple sources when a team was looking to launch their own business,” said Kimberly Papedis, who will serve as President and play an active role in strategy. “Joining Fusion, rather than taking another corporate leadership position, was an easy choice. The demand for our combined expertise is real. I have been representing independence for over 20 years. It’s time I took my own advice.”

Fusion is not a recruiting firm. Fusion launches businesses and remains a partner of their client throughout their entire career lifecycle. With industry executives coming from the “buy” side of the equation, Fusion believes no advisor should be unrepresented in a business launch or monetization strategy.

“Today’s advisor teams are sophisticated wealth managers with discerning clientele. With a market saturated with “buyer” or strategic partners, and more entrants each day, it takes more than a recruiter relationship making introductions to multiple firms”, said Thomas Brown, Regional Director. “Prescriptive advice at every step of the way is the new requirement for launching one’s independent practice.”

Fusion is bringing together business transformation consultants, who are former executive leaders with insider viewpoints, devoted to the needs of independent advisors. Advisors seeking change are presented with a vast array of important decisions that must be made with respect to RIA set-up, custodial selection and negotiation, technology, and building enterprise value through proper entity set up and continued growth strategies. The decisions teams make today will have a great impact on future succession or monetization tomorrow and advisors need to understand this impact before making the biggest decision of their career.

“Kimberly and Tom’s credentials and accomplishments are without peer. Both were at the forefront of the independent movement for decades and have positively affected the lives of hundreds of advisors. They could have gone anywhere to write the next chapter of their distinguished careers as executive leaders. Being aligned as trusted, unbiased guides to advisors – and not as a biased corporate sales force – is a tremendous gift to the independent marketplace and to Fusion,” said Mike Papedis, CEO and Founder of Fusion Financial Partners. “We are excited how this event accelerates our growth trajectory, geographic presence, and roster of clients.”

This talent expansion follows on the January 2018 hire of top talent acquirer Megan Hausmann, Executive Director of Business Development. Hausmann brings a 13-year career of talent consulting in financial services, serving wealth managers, private bankers, and Registered Investment Advisors.

For media inquiries, please contact Mike Papedis, Fusion Financial Partners, at 760-932-4243 or mpapedis@fusionfinancialpartners.com

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About Fusion Financial Partners

Fusion Financial Partners (“Fusion”) is a management consulting firm serving independent advisors and select corporate client assignments providing expert guidance to business owners across the independent wealth management waterfront ranging from RIA start-up solutions, strategy execution, transition planning, merger/acquisition, financing, business optimization or to those seeking options for selling the business.

www.fusionfinancialpartners.com