Pallas Capital Advisors Welcomes $175 Million Wealth Management Team

BRAINTREE, Mass., July 12, 2023 /PRNewswire/ — Pallas Capital Advisors, LLC (“Pallas Capital”), is pleased to announce that a financial planning team, led by Damien DePeter and Michael McCarthy, joined the growing team of experienced independent wealth advisors and client relationship managers at the firm.

Together Damien and Michael manage over $175 million and have over twenty years of industry experience, most recently as Financial Advisors at Mayflower Advisors. During their time at Mayflower, Damien and Michael focused on providing individuals and organizations with comprehensive wealth management strategies. They specialize in providing guidance to corporate employees who hold significant positions in company stock compensation programs, as well as assisting business owners in navigating their unique financial decisions.

“As the industry continues to evolve, the decision to join Pallas was easy. Especially as we delved deeper into Pallas Capital’s values, comprehensive planning, distinctive investment possibilities, resources, and collaborative culture, we knew it was an opportunity we would not be able to pass up,” said Damien. Michael added, “Pallas Capital met our vision but exceeded what we had in mind for our growth potential. We knew Pallas Capital would be able to provide our clients with comprehensive access to wealth management strategies and opportunities”.

“We continue to seek advisors that share a similar practice philosophy and more importantly, a desire to grow their practice, in the Ultra-High Net Worth space. By leveraging the Pallas platform and the resources available to them, we believe that advisors can significantly grow their practices while providing enhanced client experiences. Damien and Michael have built an exceptional practice and we are thrilled that they have chosen to affiliate with Pallas” – Pallas Capital’s CEO and Founding Partner, Richard Mullen, stated.

Damien’s and Michael’s transition continues the growth that Pallas Capital has seen both organically and inorganically since launching in July of 2019. Since its inception, the firm has opened five offices in the Northeast, expanded its headquarters in Braintree, MA, and successfully transitioned six teams.

Chief Growth Officer and Founding Partner Greg Boyle expressed his enthusiasm for transitioning advisors to Pallas’s independent model. “There is a great deal of excitement in discovering our firm and the significant resources and synergetic culture that we have cultivated here,” he said.

If you are an advisor considering making the move to independence, please visit us at https://pallascapitaladvisors.com/for-advisors/ to learn the additional ways that Pallas Capital is innovating the art and science of modern financial planning, and why Pallas Capital is a *top-ranked RIA by Forbes and has several advisors on AdvisorHub’s Advisor to Watch rankings.

*Forbes 2023 TOP RIA in America rankings is based on industry experience, client retention, assets under management, revenue trends, and compliance records; The 2022 and 2023 Advisor Hub rankings are based on growth, professionalism, and scale from the 2020, 2021 and 2022 time period. Neither Pallas Capital Advisors nor its advisors pays a fee in exchange for these rankings.

Important Disclosures
Advisory services offered through Pallas Capital Advisors, LLC, a registered investment advisor. Advisory services are only offered to clients or prospective clients where Pallas Capital Advisors and its representatives are properly licensed or exempt from licensure.

CRN23_41

Media Contact:
Taylor McCormack
Marketing & Communications Associate
781-971-5052
taylor@pallascapitaladvisors.com

Braintree, MA

45 Braintree Hill Office Park Suite 201
Braintree, MA 02184
(781) 971-5052

Wakefield, MA

701 Edgewater Drive
Suite 140
Wakefield, MA 01880
(781) 587-3478

Portsmouth, NH

36 Maplewood Avenue
Portsmouth
NH 03801
(603) 292-3699

Park Ridge, NJ

1 Maynard Drive
Suite 2101
Park Ridge, NJ 07656
(551) 277-2686

Newport, RI

51 Long Wharf Mall
Newport, RI 02840
(401) 847-0505

Check the background of your financial professional on FINRA’s BrokerCheck.

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

Pallas Capital ADVISORS is a registered investment advisor. Advisory services are only offered to clients or prospective clients where Pallas Capital Advisors and its representatives are properly licensed or exempt from licensure. This website is solely for information purposes. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Pallas Capital Advisors unless a client service agreement is in place.

Advisory services are only offered to clients or prospective clients where Pallas Capital Advisors and its representatives are properly licensed or exempt from licensure. This website is solely for informational purposes. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Pallas Capital Advisors unless a client service agreement is in place.

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

We take protecting your data and privacy very seriously. As of January 1, 2020 the California Consumer Privacy Act (CCPA) suggests the following link as an extra measure to safeguard your data: Do not sell my personal information.