Dynasty Financial Partners closed a $50 million revolving credit facility with Royal Bank of Canada (RBC) acting as sole Administrative Agent, and UMB Bank and J.P. Morgan joining RBC as Joint Lead Arrangers and Joint Book Runners. Citibank as well as Goldman Sachs Bank USA are also members of the syndicate.

Since 2010, the time of Dynasty’s founding, Dynasty has grown and maintained its status as the leading independent wealth management platform provider, and currently boasts over 48 network partners totaling collectively over $68 billion AUA. Dynasty will use the new credit facility to maintain and grow its cutting-edge technology, intellectual capital, integrations, and capabilities to support its network partners, in addition to other strategic investments through its Capital Strategies offering.

According to Justin Weinkle, Dynasty’s CFO, “This new facility provides us with significant dry powder to continue to drive growth in the business and further enhance our service offering. We are thrilled to work with RBC, Goldman Sachs, Citi, J.P. Morgan, and UMB, and we look forward to building upon our relationship with these world-class institutions.