Fairport Wealth extends farewell to industry icon Heather Ettinger

Fairport Wealth extends farewell to industry icon Heather Ettinger
The visionary leader and crusader for women’s financial progress has been instrumental in the Ohio-based RIA’s growth since inception.
MAY 21, 2024

Fairport Wealth is bidding a fond farewell to a respected veteran of the wealth industry, who’ll soon be retiring from the Ohio-based RIA’s leadership.

The Cleveland-based wealth management practice announced its chairwoman, Heather Ettinger, will be retiring effective June 30.

Ettinger, who has been with the firm since joining its predecessor Roulston & Co. in 1987, has played a significant role in the company's expansion and success. As of December 31, 2023, Fairport Wealth had a reported AUM of $4.5 billion.

Ettinger became co-managing partner in 2010 and was instrumental in driving both organic growth and completing over a dozen acquisitions. Since Fairport became a Hightower advisory business in 2017, the firm has grown from one to six offices, including locations in Cleveland, OH; Buffalo, NY; Chicago, IL; Harrisburg, PA; Princeton and Cherry Hill, NJ.

"Heather is a visionary leader, both for the company and the financial services industry," Matt Logar, CEO and president of Fairport, said in a statement. "Our clients remain our top priority, and Fairport is in an excellent place due to Heather’s thoughtful planning over the years. We will remain grateful for her decades of partnership and leadership."

A Dartmouth College graduate, Ettinger began her career at Baring Brothers in London. Throughout her career, she has been involved with various organizations championing diversity, equity and inclusion, including the Women’s Business Collaborative, 100 Women in Finance, Schwab Advisor Services DEI Advocacy Board, and Racing Towards Diversity.

“I’ve had a fabulous and rewarding career, making my mark both with the practice and within the industry,” Ettinger said. “While I will deeply miss my colleagues and our tremendous clients, Fairport is in excellent hands with a team that is laser-focused on a shared vision. I am excited and optimistic about the next phase of the practice’s growth and leadership.”

An author and renowned advocate for women’s financial education and progress, Ettinger has received numerous industry awards, including InvestmentNews’s 2019 Icons and Innovators Award and the Ruth Bader Ginsburg Award for Unique Efforts in Advancing the Aspirations of Women by the Women’s Vote Project. In 2015, she was among the inaugural class of Women to Watch from InvestmentNews.

“Heather’s passion for championing women and girls is inspiring,” Emily Drake, chief experience officer for Fairport. “I feel so fortunate to have worked side by side with her on numerous women’s initiatives that helped fuel industry progress and positively influence colleagues.”

Latest News

Hightower takes strategic stake in $3.8B Lindbrook Capital
Hightower takes strategic stake in $3.8B Lindbrook Capital

The $138 billion firm headed by Bob Oros lands its first deal of 2025, strengthening its presence on the East and West Coasts.

Leveraging behavioral finance to better understand clients during market volatility
Leveraging behavioral finance to better understand clients during market volatility

Understanding how portfolio pain hits primitive centers of the brain can help advisors become better psychological coaches.

Trump renews calls for rate cut following soft inflation report
Trump renews calls for rate cut following soft inflation report

The president insists latest data is a cue for Fed Chair Jerome Powell to follow in Europe and China's footsteps.

AlTI Global posts Q1 growth; maintains ESG-investing approach
AlTI Global posts Q1 growth; maintains ESG-investing approach

Despite a cooling U.S. appetite for ESG funds, AlTi Tiedemann Global reported a 14% revenue surge and a 38% jump in adjusted EBITDA for Q1, while doubling down on its social impact mission for investing.

Over half of Americans still blind to 529 plan benefits, survey finds
Over half of Americans still blind to 529 plan benefits, survey finds

Edward Jones research reveals most not aware of uses for college savings, qualified school expenses, and skills development outside the formal education system.

SPONSORED Beyond the dashboard: Making wealth tech human

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

SPONSORED The evolution of private credit

From direct lending to asset-based finance to commercial real estate debt.