Patrick Rowland & Jacob Sullivan Exit Wells Fargo FiNet, Bring $744M Practice to &Partners

&Partners is systematically pulling established wirehouse and FiNet practices by offering full independence without the infrastructure headaches. If you're eyeing the exit from Wells Fargo's network, this is the template: stage an internal move first, test the independent model, then cut the cord entirely.

Patrick Rowland and Jacob Sullivan just handed &Partners its biggest recruiting headline of the month, departing Wells Fargo Advisors Financial Network with $744 million in client assets and an eight-person team that spans two states.

The Lake Ozark, Missouri-based practice—formally known as Rowland Sullivan Wealth Management—becomes the 127th advisor practice at &Partners, which reported by AdvisorHub now stands at approximately $63 billion in assets as of September 1, 2026. That's a firm that has quietly become one of the most aggressive acquirers of established wirehouse talent in the country.

A Two-Step Exit from the Wells Fargo Ecosystem

This departure wasn't a snap decision. Rowland and Sullivan executed a calculated two-stage transition: first moving their practice internally from Wells Fargo's Private Client Group into the Wells Fargo Advisors Financial Network—the FiNet independent channel—back in 2024. That move gave them a taste of the independent model while staying inside the Wells Fargo umbrella.

Two years later, they've severed that last cord entirely. It's a strategy more wirehouse advisors are adopting: use the firm's own independent channel as a staging ground, build operational confidence, and then recruit away on your own terms. For &Partners, that makes Rowland Sullivan an ideal acquisition—a team already running like an independent shop the moment they walk in.

The Full Roster Behind $744 Million

This isn't a two-advisor team with a couple of support staff. Rowland Sullivan Wealth Management arrives as a fully built-out practice:

- Patrick Rowland — Lead advisor and co-founder

- Jacob Sullivan — Lead advisor and co-founder

- Jesse Dale — Partner and wealth advisor

- Lauren Kane — Partner and wealth advisor

- Ashley Black — Wealth consultant and director of operations

- Tyler Dinsdale — Wealth management associate

- Barbara Davis — Wealth management associate

- Kassie Wollbrink — Wealth management associate

The team also maintains a secondary office in Macomb, Illinois, giving them a geographic footprint that extends beyond the Lake of the Ozarks market. That's a deliberate client-service structure, not an accident.

What This Means for &Partners' Competitive Position

&Partners has now demonstrated a repeatable pattern: target mature, multi-advisor teams with deep client relationships and institutional infrastructure, then offer them an ownership stake and platform freedom that no wirehouse can match. The Rowland Sullivan move is at least the second Wells Fargo-affiliated Missouri team the firm has recruited in 2026 alone.

At $63 billion in AUM across 127 practices, &Partners is operating at a scale where it can credibly compete with the Wells Fargo advisor recruiting deals that once kept teams like Rowland Sullivan inside the wirehouse network. The math is shifting. Transition economics at the independent level now rival—and in many cases exceed—the upfront packages wirehouses dangle.

The Lake Ozark Foothold and What It Signals

Lake Ozark isn't a financial hub. It's a resort and retirement community on the Lake of the Ozarks, which means Rowland Sullivan has spent years building a concentrated, high-net-worth client base in a market where relationships and trust drive retention. That's the exact profile &Partners wants—sticky assets, not transactional book.

Advisors watching this move from inside Wells Fargo's Private Client Group or FiNet channel should note the sequencing. The internal transfer to FiNet was the proof-of-concept. The jump to &Partners was the payoff. If you've already made that first move internally, the second one has a well-worn path.

For context on how independent platforms are reshaping the competitive landscape, FINRA filings and public disclosures will track the formal registration changes as the team completes its transition to the new platform.

Rowland Sullivan Wealth Management didn't leave Wells Fargo because something went wrong. They left because something went right—and they wanted to own it.