Founder
Xerxes Mullan
launched Avestar Capital, a multifamily office and wealth advisory
business.
Mullan served as a managing director of investments
and international private wealth adviser at Merrill Lynch's
private banking investment group. Joining him from Merrill Lynch
are Tonya Smoake, COO; Sanjeet Dass, vice president of
investments; Jennifer Wolf, vice president of financial planning;
and Alexa Cark and Sonia Krauss, client services analysts.
Avestar Capital will work with Dynasty Financial
Partners on expanding its practice management and streamlining its
operations, investments and technology. Avestar Capital chose
Fidelity Clearing & Custody Solutions as a primary custodian.