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Dynasty Financial takes next logical step, using Wall Street powers and RIAs to beat Wall Street with an IPO, but timing surprises one expert

CEO Shirl Penney's plan may have 'more than meets the eye,' says one consultant, in response to head-scratching about the attempt at an IPO based on relatively low revenues and profits

Author Oisin Breen January 28, 2022 at 12:09 AM
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Shirl Penney founded Dynasty to give breakaway brokers wirehouse independence and private banker perks; now he's going public.

Jeff Spears

Jeff Spears

January 28, 2022 — 12:33 PM
The IPO transition is always messy. We need to watch the improvements to Dynasty 2.0
Cball

Cball

January 28, 2022 — 8:26 PM
There is at least one situation which, unless resolved, will make this very difficult and ugly.

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