People Moves
Former Goldman Sachs Employees Form New Wealth Management Firm

Two financial advisors, who spent a collective 28 years at Goldman Sachs, have joined together to form a new firm.
Two former employees of
Goldman Sachs Private Wealth Management, who handled around
$1 billion in client assets, have formed DG Wealth
Partners. The new firm will join the Dynasty Network of
advisory businesses.
Financial advisor David Darby has partnered with Melissa Gray to
launch DG Wealth Partners, which will focus its services on
entrepreneurs, C-suite executives and families with complex
financial portfolios, Dynasty
Financial Partners said in a statement earlier in the
week.
Darby worked at Goldman Sachs for 21 years, most recently as a
vice president in its Palm Beach office. Gray spent over seven
years at Goldman Sachs.
At the firm, Darby will be responsible for aligning each client’s
investment portfolio with their cash-flow needs, planning goals
and risk tolerance.
As director of client relations, Gray will focus on integration
and management of all aspects of the client’s experience. She
will manage the daily operations of the team.
“David, Melissa and the DG Wealth Partners team have an
impressive business with deep ties to the community,” said Shirl
Penney, chief executive at Dynasty Financial Partners. “We are
really looking forward to working with them on expanding their
family office services and investment opportunities – as well as
their goal to establish a broader footprint over time.”
Also, DG Wealth Partners has also partnered with Schwab Advisor
Services as primary custodian of client assets, and Dynasty
Financial Partners for analytical and operational support to
deliver a personalized service at the highest level.
The new firm will engage with Dynasty on building out its
technology, practice management, marketing and branding
capabilities while streamlining their operations and investments
platform.