#USA #New York #Steward Partners #Lindsey-Trost Group #Greg Trost

Steward Partners Expands to West Coast with New Lindsey-Trost Group

In a significant move aimed at strengthening its West Coast operations, Steward Partners has formed the Lindsey-Trost Group, integrating the resources of two established financial advisory practices. This new hybrid branch combines the Lindsey Group, located in Lake Oswego, Oregon, and Trost Financial, a boutique firm operated by Greg Trost in the heart of Century City, Los Angeles.

With this partnership, Steward Partners adds $180 million in assets under management, bringing the total assets overseen by the Lindsey-Trost Group to an impressive $712 million. This strategic collaboration reflects Steward Partners' commitment to delivering exceptional financial services while expanding its influence in the competitive Southern California market.

Eric Field, the Divisional President of Steward Partners Western region, expressed his excitement about this new chapter, indicating that the joining of the two firms will not only bolster their collective expertise but also enhance the level of service provided to existing and prospective clients. He noted, "We couldn’t be more thrilled about welcoming Greg Trost and his team into the Steward Partners family and the launch of the Lindsey-Trost Group.”

According to Greg Trost, now a Managing Director within the newly formed branch, the transition has been seamless due to the significant alignment of values and objectives between both teams. He highlighted the shared philosophy of prioritizing client needs and achieving outstanding results, stating, "Every person I’ve interacted with amid the process of combining our practices has affirmed that this is the right decision.” This sentiment is echoed by Doug Lindsey, Senior Vice President of the Lindsey-Trost Group, who noted his long-standing professional relationship with Trost and underscored the strategic alignment in their business practices.

This partnership provides the teams with enhanced capabilities and assets that neither could achieve independently, empowering them to better serve clients. Moreover, the Lindsey-Trost Group will maintain operations in both Lake Oswego and Century City, ensuring continued local engagement while leveraging Steward Partners' broader resources and expertise.

Beyond the immediate benefits to their clients, the expansion signifies Steward Partners’ ongoing trajectory of growth and inclusion within the financial services industry. The firm has gained remarkable recognition in recent years, being named #18 on Barron’s Top 100 RIA Firms ranking for 2024 and earning accolades for having multiple wealth managers listed in Forbes’ Best-In-State Wealth Advisors list. This expansion is part of their approach to creating a diverse, employee-owned financial firm that emphasizes professional excellence and superior client service.

As the financial landscape continues to evolve, the Lindsey-Trost Group's formation illustrates Steward Partners' proactive strategy in responding to client needs while enhancing its asset management capabilities. The firm's commitment to providing comprehensive wealth management solutions—encompassing financial advising, private banking, and institutional consulting—is more robust now than ever, ensuring clients and their families experience exceptional services for generations to come.

For more information about Steward Partners and its services, you can visit their official website at www.stewardpartners.com.