Former UBS advisors Denis Cleary and Greg Devine announced the launch of their RIA, 71 West Capital Partners (71 West). While Managing Directors at UBS, Cleary and Devine oversaw approximately $6 billion in assets with clients in 35 states.
With offices in Boston and Los Angeles, 71 West will focus on working with entrepreneurs, business owners, C-suite executives, families and philanthropic organizations.
Boston-based Cleary is the CEO of the new firm. Devine leads its Los Angeles office. The new RIA selected BNY Pershing for custody and clearing.
Cleary and Devine have worked together for almost 20 years. Prior to moving to UBS in 2020, they began working together at Goldman Sachs in 2006. Devine’s first worked in Silicon Valley’s technology sector before starting a career in wealth management in 2004.
In addition to the Co-Founders, 71 West will include existing team members Abigail Harris, Matthew Kirshner, Chris Carbone, William Corman, Spencer Danziger and Nolan Morr.
Patrick J. Burns, Jr. Esq. served as legal counsel on the launch, and Fusion Financial Partners served as transition consultant.
James Miller, Contributing Editor and Research Analyst at Wealth Solutions Report, can be reached at ContributingEd@wealthsolutionsreport.com.
