Hot List 2023 winners revealed

InvestmentNews celebrates 100 top finance professionals who have made a significant impact on our industry.

InvestmentNews is proud to honor the top movers and shakers in wealth management in this year’s inaugural Hot List.

The winners were nominated by wealth professionals across the country in August and narrowed down to the top 100 based on their contributions that have helped shape the industry. The full methodology can be viewed here.

You can also read the report and find out who made the full list here.

Jesse Hurst, senior wealth manager and CEO of Impel Wealth Management, is one of the award winners. Hurst said success isn’t just about revenue but about establishing a legacy.

“We have the opportunity to build systems that are scalable and replicable and with the right people, we can build something that will last for future generations,” he said.

Hurst, who oversees $300 million in investments for 150 families at the Ohio-based firm, prides himself on establishing relationships that go beyond the traditional advisor-client dynamic. He has served on 14 boards, of which he has chaired nine. He is also committed to providing opportunities for young people.

As for Jerry Davidse, CEO of Pennsylvania-based Presilium Private Wealth, his hard work and vision have paid off. After founding the firm in 2022, he has already accumulated more than $400 million in AUM. He says simplicity is the most efficient pathway to prosperity.

“I have found that more complicated investment strategies tend to underperform, are more expensive, and are more difficult to implement. We use a basic index strategy, and it’s worked well for our clients,” Davidse said.

When it comes to achieving growth, Hugh Meyer knows how to do that well. The director of private wealth at Highline Wealth Partners has achieved 35% growth in AUM and increased the California-based firm’s value to $375 million in just four years.

“The more you communicate with your end clients, or the people you’re servicing, the more that raises the chances of success in building a long-term relationship,” Meyer said. “That’s always something I’ve done throughout my career.”

Forty-four percent of the winners have been in the industry for 26 to 40 years, followed by 33% with 16 to 25 years. Twenty-one percent of winners have been in the industry for 10 to 15 years, followed by 2% with 41 to 50 years.

You can read the full report and find out who made the list here.