Emigrant Partners plans for growth with strategic hires, team expansions

Emigrant Partners plans for growth with strategic hires, team expansions
The firm works with wealth and asset managers with a collective $96B AUM.
NOV 10, 2023

New opportunities for wealth and alternative asset managers is the focus of Emigrant Partners, and the firm is aiming for new growth with the expansion of its headcount.

The specialist capital and strategic advice provider to RIAs has announced that Jason Ehrlich has joined as managing director and head of investments. He was most recently with $20 billion AUM private equity firm TowerBrook Capital Partners as a senior principal responsible for leading investments across the financial services industry.

His team will be further enhanced by former Emigrant Bank vice president Sam Grewal as vice president of Investments. The family-owned Emigrant Bank, New York City’s oldest savings bank, is the owner of Emigrant Partners.

Meanwhile, Mark Bruno joins as managing director and head of strategic advisory, and Sam Grewal joins as vice president of investments. He was previously the managing director of the Wealth Management Group at Informa, where he oversaw the group’s media, research, and events businesses.

The new hires will accelerate organic and inorganic growth for Emigrant Partners and its network of 20 wealth and asset management firms which have a collective AUM of $95 billion.

“As the wealth and asset management industries continue to grow and transform rapidly, it is critical that the knowledge, vision and perspectives among our team evolve and transform as well,” said Jenny Souza, president and CEO of Emigrant Partners. “Jason and Mark are true students of both industries and will play a critical role in shaping the future growth and success of Emigrant Partners, as well as our current and future partner Firms.”

Latest News

Judge OKs more than $90 million in settlement money for GWG investors
Judge OKs more than $90 million in settlement money for GWG investors

Mayer Brown, GWG's law firm, agreed to pay $30 million to resolve conflict of interest claims.

Fintech bytes: Orion and eMoney add new planning, investment tools for RIAs
Fintech bytes: Orion and eMoney add new planning, investment tools for RIAs

Orion adds new model portfolios and SMAs under expanded JPMorgan tie-up, while eMoney boosts its planning software capabilities.

Retirement uncertainty cuts across generations: Transamerica
Retirement uncertainty cuts across generations: Transamerica

National survey of workers exposes widespread retirement planning challenges for Gen Z, Millennials, Gen X, and Boomers.

Does a merger or acquisition make sense for your firm? Why now is the perfect time to secure your firm’s future
Does a merger or acquisition make sense for your firm? Why now is the perfect time to secure your firm’s future

While the choice for advisors to "die at their desks" might been wise once upon a time, higher acquisition multiples and innovations in deal structures have created more immediate M&A opportunities.

Raymond James continues recruitment run with UBS, Morgan Stanley teams
Raymond James continues recruitment run with UBS, Morgan Stanley teams

A father-son pair has joined the firm's independent arm in Utah, while a quartet of planning advisors strengthen its employee channel in Louisiana.

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