Envestnet Buys Stake In Dynasty Financial Partners (Sam Steinberger, Wealth Management) - This week, large-RIA service provider Dynasty Financial (with 45 firms that in turn manage $40B of assets ) announced a partnership with Envestnet as a part of a new "Advisor Services Exchange" (ASx) that will roll out some of Dynasty's services, including lending for growth capital, outsourced CFO and marketing capabilities, and consulting services, to the broader base of advisors using Envestnet (whereas in the past, Dynasty's services were only available to Dynasty's partner firms).