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.
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.
A $141M judgment and a federal asset freeze collide over one shrinking pool
The firm's CFO and EVP of Wealth Management Solutions are the latest executives to exit the broker-dealer.
Clients are saying they would consider switching advisors if another professional offered estate planning services, according to a new Trust & Will survey.
CEO Laurel Taylor says the fintech's composable AI stack helps workers optimize dollars across Trump Accounts, 529s, 401(k)s, and other employee benefits.
The bank has swiped three private banking veterans from BNY as the city climbs the ranks of America's fastest-growing wealth hubs.
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
Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.
