Transition Case Study

Transition Announcement: $850mm UBS Advisor Breaks Away For Independence

Top Advisor Barry Mitchell launches RIA Next Level Private

“As an independent RIA and fiduciary, we are free from previous proprietary constraints and have a lot more available to us in terms of research, investment solutions and technology that can put our clients in a better financial position.”

~ Barry Mitchell, Founder & Managing Partner

“What can we do today to make life better for our clients?”

For Barry Mitchell, a top UBS breakaway, launching RIA firm Next Level Private was the answer to this question.

Because for Barry and his team to become true fiduciaries meant:

  • Being free from any proprietary constraints and with the newfound ability to shop the street for the best possible products, services and price on behalf of their clients.
  • The ability to create a truly bespoke offering designed specifically around what clients need and want.

Leaving UBS to build an RIA required vision, determination and entrepreneurial DNA—and an overriding desire to do more and better for clients. It is a recipe for success that is abundant in the Next Level story.

With over 34 years of experience in financial services Barry has been recognized as a Forbes Best in State Advisor in New York. Joining Barry at Next Level is his veteran team of 7 accomplished professionals.

Next Level Private LLC is located in Harrison, New York and manages over $850mm in client assets.

As Barry shared with Barron’s, “We’ve always put clients first. But now as a fiduciary, we answer to a higher duty of care.”

Diamond Consultants is happy to have helped Barry and his team on their journey and wish them continued success as Next Level Private.

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