RICHMOND, Va. -- The competitive local wealth management scene has a new player jumping into the fray by way of the Tarheel State.
Charlotte, North Carolina-based New Republic Partners this month launched its first Richmond-area operations, with a goal of winning the business of the region’s upper crust.
The move was spurred by the firm luring veteran local advisor Ali Bayler, who is now a managing director at New Republic and will lead its expansion here.
Bayler was most recently with competitor Brown Advisory and Spider Management prior to that.