Pegula-backed Bison Wealth attracts $750M Key Private Bank team

Pegula-backed Bison Wealth attracts $750M Key Private Bank team
Boutique wealth manager has onboarded three teams so far in 2024.
APR 05, 2024

A duo of advisors formerly with Key Private Bank has joined boutique wealth manager Bison Wealth.

Matthew Creciun and Rand Siegel have been working together for the past 13 years and manage more than $750 million in client assets.

"I am honored to join Bison Wealth and contribute my expertise to their esteemed team of professionals, further enhancing our ability to deliver unparalleled value and service to our clients," Creciun said in a statement. "Rand and I look forward to continuing our journey together of providing outstanding client service to meet the evolving needs of our clients."

"I am confident that by joining forces with Bison Wealth, we will be able to provide our clients with even greater access to cutting-edge research, technology, and strategic insights to help them achieve their financial objectives," added Siegel.

They become the third team to join Bison since it brought in Tom Scaturro to boost growth late last year. The industry veteran was also previously with Key Private Bank having also held senior roles at BNY Mellon and Wells Fargo.

"We've spent the past couple of years getting Bison's infrastructure ready for expansion and expect to bring on several more teams rapidly. We're excited to see what this year brings for Bison Wealth," said Chuck Rice, CEO of Bison Wealth.

Bison’s key tenets are "plan, protect and prosper,” and the firm is backed by The Terry and Kim Pegula Family Office, known as East Asset Management, in conjunction with operating partner Teton Capital Partners.

The Pegulas are well known in sports as the owners of the Buffalo Sabres in the NHL and the Buffalo Bills of the NFL.

Latest News

Social Security trustees see one less year in insolvency countdown, project shortfall to start 2034
Social Security trustees see one less year in insolvency countdown, project shortfall to start 2034

New report shows dimmed outlook for benefits to retirees and disabled Americans, creating further pressure for federal tax hikes or more borrowing.

NY Republican Stefanik presses SEC to probe Harvard bond sale
NY Republican Stefanik presses SEC to probe Harvard bond sale

Open letter to SEC Chair Paul Atkins questions whether the Ivy League university withheld material information prior to its $750 million taxable bond offering.

Ex-LPL leader re-emerges at The Wealth Consulting Group
Ex-LPL leader re-emerges at The Wealth Consulting Group

The Las Vegas-based hybrid RIA overseeing $8.8 billion in assets has named Andy Kalbaugh president to help scale its advisor platform.

Envestnet extends investment offerings with new alts model portfolios
Envestnet extends investment offerings with new alts model portfolios

The wealth tech giant – in collaboration with Fidelity, BlackRock, State Street, and Franklin Templeton – is offering its advisor and wealth firm users more ways to diversify.

Just as wealth industry M&A was picking up, economic uncertainty could kill it again
Just as wealth industry M&A was picking up, economic uncertainty could kill it again

Deal volume increased post-election but now caution has taken over.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave