Two leading wealth management firms, NewEdge Wealth and Whittier Trust, have announced major additions to their senior advisory teams, underscoring the industry’s continued focus on serving ultra-high-net-worth clients with seasoned expertise.
NewEdge Wealth, a registered investment advisor specializing in ultra-high-net-worth families, family offices, and institutional clients, has welcomed Patrick McGlothin as Managing Director in Knoxville, Tennessee. McGlothin brings over two decades of experience from Morgan Stanley, where he helped build The McGlothin Group into a nationally recognized practice and was recently named a Forbes Best-In-State Wealth Advisor.
Rob Sechan, co-founder and CEO of NewEdge Wealth, highlighted McGlothin’s deep experience advising affluent families as a key asset for the firm’s continued growth.
“As the financial lives of ultra high net worth clients grow increasingly complex, we continue to invest in top talent who can help navigate those challenges with clarity and precision,” Sechan said.
McGlothin cited NewEdge’s client-centric approach as a major draw, highlighting the opportunity to "bring even greater value to the relationships we serve.”
NewEdge Wealth has been growing its bench of ultra-high-net-worth advisors since the start of the year, including two other managing directors it hired from Edge Capital Partners in January and a high-growth addition from NewEdge Advisors in May.
NewEdge Wealth now boasts over 50 ultra-high-net-worth advisors across 14 strategic markets nationwide, including Atlanta, Miami, Nashville, San Francisco, and the New York metropolitan area.
Meanwhile, Whittier Trust has appointed Kiley Barnhorst MacDonald as senior vice president and client advisor in its new San Diego office. MacDonald, a San Diego native, brings more than 30 years of experience touching on legal, corporate, and nonprofit sectors, with a reputation for guiding ultra-high-net-worth families through complex estate and multigenerational planning.
Whit Batchelor, executive vice president and San Diego regional manager at Whittier Trust, praised MacDonald’s “deep expertise and authentic connection,” noting her arrival as a significant step in building the firm’s San Diego presence. MacDonald will focus on trust and estate planning, fiduciary oversight, philanthropic strategy, and family governance.
Before joining Whittier Trust, MacDonald held senior roles at Northern Trust Wealth Management and practiced law in La Jolla. She is a California State Bar Certified Specialist in Estate Planning, Trust, and Probate Law, and has been recognized for her community leadership and pro bono work.
Whittier Trust, the oldest multi-family office headquartered on the West Coast, continues to expand its footprint with a focus on holistic, personalized service for ultra-high-net-worth clients across multiple offices, including Pasadena, Menlo Park, Newport Beach, San Diego, San Francisco, West Los Angeles, Reno, Seattle, and Portland.
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