DA Davidson picks up $1B AUM team from Truist for new office
A team of eight wealth management professionals has joined D.A. Davidson & Co. in North Carolina.
With a collective AUM of $1 billion, the team was formerly affiliated with Truist and includes senior vice presidents, financial advisors, and portfolio managers, Andy Vestal and Matt Bryant.
Vestal has more than 30 years of experience in the industry as a CPA and senior trust advisor, while Bryant has almost 20 years in financial services.
“We are pleased to welcome Andy and the team to D.A. Davidson,” said Randy Domikis, senior vice president, market director and branch manager at D.A. Davidson. “Their experience and values are aligned with our firm, and we look forward to continuing to serve clients in this region.”
Headquartered in Great Falls, Montana, D.A Davidson Wealth Management has been operating for 87 years and currently has 829 professionals across 84 locations.
Operating as the Vestal Financial Group, Financial Advisors with D.A. Davidson & Co., the new team’s office in Wilmington becomes Davidson’s fourth in North Carolina following Charlotte, Greensboro, and Winston-Salem, all of which opened last year including a $456 million team who also switched from Truist to launch High Meadows Wealth Management group across two offices.
D.A Davidson also picked up a $446 million team in South Carolina last year.
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