Tim Oden, a former managing director of business development at Schwab Advisor Services, has joined Dynasty Financial Partners as executive-in-residence for 2024. Oden left Schwab late last year after more than 30 years at the company.
Dynasty launched the executive-in-residence program last year as part of its “Advisor-to-CEO” program, which tailors content and coaching for CEOs at the RIAs in its network. Andrew Marsh, co-founder of Richardson Wealth, a Canadian wealth management firm that went public in 2020, was Dynasty’s first executive-in-residence. Last September, Marsh was appointed Dynasty’s first vice chairman.
The firm’s goal is that Oden will draw on his expertise in implementing strategies and innovations and pioneering new operating models to help CEOs in its network manage their businesses.
“As an architect of the RIA space and one of its longest-tenured professionals, he will bring tremendous value to us as we navigate this fast-growing industry and as we evaluate our overall Core Platform product strategy and delivery, among other key initiatives,” Dynasty CEO and Founder Shirl Penney said in a statement. “Tim has been a good friend and trusted confidant for years, so I know his advice will make an impact on the future of our business and our network.”
Dynasty, now in its 14th year, currently has 52 network RIAs with 330 advisors and over $88 billion on its core tech platform.
Dynasty filed an initial public offering in early 2021 and withdrew its S-1 registration in late 2022 when Charles Schwab and private equity firm Abry Partners took minority stakes in the firm.
