RIA firm Fortis Capital Advisors has added a Chicago-based firm to its growing national footprint.
The father and daughter team who run ClearPath Financial have joined the firm after being impressed by the alignment of values and business goals that the two firms share. ClearPath was founded by Stan Nieminski and works alongside his daughter Jessica.
" We are confident that this partnership will not only enhance our capabilities but also provide our clients with an even more comprehensive and robust suite of wealth management services," said Jessica Nieminski. "Our dedication to maintaining a top-notch wealth management team, resources, and service level remains our priority. This strategic alliance will bring numerous benefits to all parties involved and we are genuinely excited about the opportunities that lie ahead."
Fortis Capital Advisors CEO Rob Hagg says the acquisition is a significant milestone in his firm’s efforts to expand its presence and capabilities for clients.
“As a native of the suburbs of Chicago, I couldn't be more excited about the acquisition of ClearPath," he said. "Stan Nieminski built an amazing business that continues to grow with his daughter Jessica. The companies' philosophies align with an emphasis on strong investment management, financial planning, and tax services. With those core values we are excited to build upon this market under the leadership of Stan and Jessica.”
Insiders say the Wall Street giant is looking to let clients count certain crypto holdings as collateral or, in some cases, assets in their overall net worth.
The two wealth tech firms are bolstering their leadership as they take differing paths towards growth and improved advisor services.
“We think this happened because of Anderson’s age and that he was possibly leaving,” said the advisor’s attorney.
The newly appointed leader will be responsible for overseeing fiduciary governance, regulatory compliance, and risk management at Cetera's trust services company.
Certain foreign banking agreements could force borrowers to absorb Section 899's potential impact, putting some lending relationships at risk.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
