TritonPoint Partners has expanded its wealth management team by recruiting Richard and Robert Sichel, a father-son duo who joined the firm as of May 21, 2026. The move strengthens the Chevy Chase, Maryland-based advisory firm, which operates with support from Dynasty Financial Partners. Previously, Richard Sichel managed approximately $350 million in assets while serving as Executive Vice President and Senior Investment Strategist at The Philadelphia Trust Company.
Professional Backgrounds of the New Team
The addition of the Sichels brings specialized experience to TritonPoint Partners. Richard Sichel has a career history focused on serving multi-generational families, business owners, and institutional clients. His son, Robert Sichel, joins the firm after serving as a Partner and head of the Fiduciary Practice at K&L Gates LLP. According to a company announcement, Robert Sichel intends to transition from his previous focus on the tax and legal aspects of wealth management to a role involving direct family advisory services.
Strategic Growth in the RIA Sector
TritonPoint Partners is part of a broader trend of advisory teams transitioning toward independent platforms. Managing Partner Greg Blake noted that the firm’s infrastructure—which includes tax optimization tools and trust company resources—serves as a primary draw for incoming talent. The firm utilizes the operational and institutional support provided by Dynasty Financial Partners to scale its independent advisory business.
Industry Context: The Rise of Breakaway Teams
The transition of the Sichel team reflects a wider movement within the financial advisory industry, where veteran professionals are increasingly moving to independent models. For instance, as of June 3, 2026, other teams have similarly moved toward independence, with some entities launching new firms through Dynasty Financial Partners to manage significant asset pools.
While the Sichels’ move to TritonPoint Partners highlights a specific shift for a father-son team, it mirrors the sector-wide trend of advisors seeking greater flexibility. By moving to an independent framework, these advisors aim to prioritize long-term client relationships over the constraints of traditional Wall Street institutions.
Key Details of the Transition
- Firm Joined: TritonPoint Partners
- Effective Date: May 21, 2026
- Location: The team will be based in the Philadelphia area.
- Prior Assets Managed: Richard Sichel previously managed approximately $350 million in assets.
- Support Infrastructure: The firm is powered by Dynasty Financial Partners.
As the wealth management landscape continues to evolve, the ability of firms like TritonPoint Partners to attract experienced practitioners from both trust companies and major law firms remains a metric of their competitive positioning in the independent advisory market.