‘In my ethos, it’s about … how you impact the world’

‘In my ethos, it’s about … how you impact the world’
An attorney by background, Grant Rawdin says a dedication to the client’s best interests is at the heart of what he does.
MAR 29, 2024

At Wescott Financial Advisory Group, they know the meaning of growth – something founder Grant Rawdin attributes to the unique set of principles the team follows. Rawdin says that as his firm has expanded, its people have continuously rallied around these essential standards.

“Client service is preeminent,” he says. “I’m an attorney by background – results and a complete dedication to the client’s best interests are the hallmarks of that profession. This carries over well to what we do in wealth management: Bringing on like-minded people who similarly have that conviction helps you grow robustly. It enables clients to trust you – which is the most important element for a client.”

With his background in accounting and the legal field, Rawdin is no stranger to pressure. And while his career trajectory is certainly unique, it’s positioned him perfectly to deal with the client success side of things.

“When I started in wealth management, it was a time when it was the purview of investment-oriented professionals. Those of us who had other licensures and backgrounds came in and helped to expand the focus of client services. For me, coming into the wealth management profession with tax and business expertise allowed me to supplement the investment plans with more technical and substantive planning.”

And as Wescott, an independent RIA with its headquarters in Philadelphia, has grown, Rawdin has not only held onto that unique skill set – he’s used it to propel the company and his clients to new heights. Rawdin has continued to employ people with diverse backgrounds – as well as younger hires from non-traditional backgrounds.

“Our next generation of employees might have come right from college – though college isn’t enough. We want them to continue to get other degrees and licensures, to have them well-rounded. I was an English major in college and I couldn’t imagine a better major. You explore so many disciplines in the context of literature. My accounting and attorney background helps me … to be a more complete financial advisor.

“Being able to have a wide view is another discipline of those professions – to dig deeply and to find solutions. And again, the tenets of those professions are also about serving the client’s best interests.”

Ultimately, for Rawdin, he entered into this profession with a genuine desire to help people.

“Because if you don’t want to help people, then you don’t care about the work that you’re doing,” he says. “That drive to help people transcends. It truly comes from the heart, and it takes you deeply into counseling clients and families. In my ethos, it’s about helping to repair the world, how you impact the world – it’s not just one generation, but two or more. And if I can do that, I will have been successful.”

Happy employees lead to higher stock prices, says Irrational Capital founder

Latest News

Trump teleprompter operator placed on unpaid leave amid probe into alleged Kalshi bets
Trump teleprompter operator placed on unpaid leave amid probe into alleged Kalshi bets

“The White House has extremely strict ethical guidelines with respect to issues like this,” said Press Secretary Karoline Leavitt.

GPB, the priest and a get out of jail card
GPB, the priest and a get out of jail card

Just how much does it cost for a financial advice exec to stay out of prison?

St. Louis pension fund sues FS/KKR advisor over alleged excessive fees
St. Louis pension fund sues FS/KKR advisor over alleged excessive fees

The advisor both prices FSK's private loans and gets paid on those prices, the suit claims

SEC moves to make electronic delivery the default for investor disclosures
SEC moves to make electronic delivery the default for investor disclosures

The proposal would end decades of paper-first delivery rules, but keeps a paper opt-out and draws early praise from fund and annuity industry groups.

Trump accounts could encompass every US family, 70 million children, says IRS chief
Trump accounts could encompass every US family, 70 million children, says IRS chief

The Trump accounts are “generationally changing” and bring financial literacy to youth, said IRS chief Frank Bisignano.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income