Snowden Lane Adds Another FA from Wells Fargo
By Sam Del Rowe September 9, 2021
Snowden Lane Partners says it has added another advisor from Wells Fargo, bringing the total number of advisors it has onboarded from the wirehouse to 13.
Paula Oddone has joined the registered investment advisor firm as a partner and managing director, according to Snowden Lane.
Oddone has $137 million in client assets and has served domestic and international clients, including in the Central and South American markets of Uruguay, Argentina, Brazil, Panama and Colombia, New York City-based Snowden Lane says.
Prior to joining Snowden Lane, Oddone was a senior vice president of investments at Wells Fargo Advisors, Snowden Lane Says. She advised institutional and high-net- worth clients mostly in Latin America and the Caribbean, Snowden Lane says.
Oddone will be based in Snowden Lane’s Coral Gables, Florida office.
“I’m excited to be joining a firm where I’ll have the opportunity to prioritize my clients’ best interests,” Oddone said in a statement. “Snowden Lane offers advisors the opportunity to operate with flexibility and freedom, without conflicts or pressure. The environment they have built presents endless opportunities for my clients to grow and achieve their financial goals, and I can’t wait to get started.”
Oddone has been in the industry since 1983, when she registered with Oppenheimer, according to her BrokerCheck record. She has been registered with six firms, including Wells Fargo, where she was registered from 2003 until earlier this month, according to BrokerCheck.
Wells Fargo began its “methodical exit process” from its international business in January — a process that is expected to last until its September 30 deadline. The firm also halted the onboarding of new wealth management clients who do not reside primarily in the U.S.
RIA firms such as Snowden Lane and Miami, Florida-based Insigneo see Wells Fargo’s exit as an opportunity.
About Snowden Lane Partners
Snowden Lane is a nationally branded, open-architecture, hybrid registered investment advisor and
broker-dealer that provides wealth advisory services to high net-worth individuals, families, and
Snowden Lane is led by an experienced team of industry executives, including Lyle LaMothe, Chairman
of the Board of Managers, Rob Mooney, Managing Partner & CEO, and Greg Franks, Managing Partner,
President & COO, who are dedicated to building a client-focused, nationally branded, boutique wealth
Snowden Lane is headquartered in New York City and operates an SEC registered investment adviser
and a broker-dealer. Snowden Lane provides a multi-custodian, multi-currency platform, with
aggregated performance reporting and leading analytical tools for clients and advisors. It further
provides full operational, finance, compliance, human resources, and financial advisor transition support
to its financial advisors.
For more information about Snowden Lane, please visit www.snowdenlane.com.
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