Capital Fiduciary Advisors Merges With Bronfman E.L. Rothschild
ROCKVILLE, MD, May 10, 2017 -- Bronfman E.L. Rothschild LP, an independent investment advisor based in Rockville, Maryland, today announced the transition of a team led by John H. Wolff from Capital Fiduciary Advisors. In addition, Bronfman E.L. Rothschild will open a new office in Reston, Virginia, where the majority of the team will be based. Capital Fiduciary Advisors CEO John H. Wolff, who will become a principal and managing director of Bronfman E.L. Rothschild, is joined in the transition by a team of four professionals, including Capital Fiduciary Advisors Managing Director Ted Leasure.
Said Neal Simon, CEO of Bronfman E.L. Rothschild, "John, Ted, and their team are a perfect fit for us. They are true wealth managers who use an investment approach similar to ours. Like us, they have a reputation for putting clients' interests first, and I believe their clients will benefit from our scale and resources."
Said Wolff, "Our firms operate with a similar philosophy towards our clients' advice and service. Bronfman E.L. Rothschild has smart and talented people, excellent technology and a recognizable brand. By joining their firm, we can expand the services we offer to clients; the firm has deep resources to serve wealth management clients, institutions, and retirement plans. Most importantly, we can continue to take care of our clients in the fashion they have become accustomed to and deserve, and that means everything to us."
Bronfman E.L. Rothschild manages over $4.5 billion (as of 12/31/16) in assets and continues to expand. In January, the firm announced the acquisition of TriCapital Advisors in Maryland, and in March the firm added Marilyn Napoli to its New York office. The firm continues to be focused on growing its business in the Midwest and East Coast organically, through lift-outs of key investment professionals, and through mergers or acquisitions. Said CEO Neal Simon, "To open a new office like the one in Reston, we require at least $300 million of AUM, which we meet here. In markets where we have an existing office, we can lift out advisors with as little as $50 million of AUM."
About Bronfman E.L. Rothschild
Based in Rockville, Maryland, Bronfman E.L Rothschild grows and preserves wealth through thoughtful and disciplined strategies that focus on what's most important to each client. With nine offices throughout the Midwest and East Coast, we offer comprehensive wealth management and planning to individuals and families as well as retirement advisory and consulting services to retirement plan sponsors. Our in-house research capabilities and the collective expertise of our team are supported by our collaborative, client-focused culture. Our 85 employees adhere to a high standard of fiduciary care as we seek to form a true and objective partnership with each client we serve.
Click here for more material dealing with current trends, opinion, news, legislative action, investments, marketing, sales, consulting, and legal issues on 401k plans.
This is a press release provided by the company mentioned or its representatives. Although 401khelpcenter.com may edit the release for editorial consistency, spelling, grammar, punctuation, or other editorial issues, it is not the author of the press release. Use of any information obtained from this release is voluntary, and reliance on it should only be undertaken after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by 401khelpcenter.com.