Indie $8B RIA adds further leadership talent amid growth drive

Indie $8B RIA adds further leadership talent amid growth drive
Executives from LPL Financial, Cresset Partners hired for key roles.
NOV 26, 2024

An $8.2 billion AUM independent RIA has bolstered its management team as it positions itself for further growth.

San Francisco headquartered Perigon Wealth Management has hired experienced executives from LPL Financial and Cresset Partners in its latest leadership hires following the recent addition of a new chief financial officer and two newly created growth-focused roles.

Jonathan Robbins joins the rapidly growing firm as general counsel and chief compliance officer having held a senior vice-president and CCO role for LPL Financial’s advisory businesses.

His financial services career path began at Morgan Stanley in San Francisco where he was executive director and senior counsel. Previously he was an attorney with the international law firms Wilson Sonsini Goodrich & Rosati and Patton Boggs LLP.

“The RIA space has developed a great deal in the past five years, and I’ve been incredibly impressed with the rapid and sustained growth of Perigon,” he said. “But more impressive has been its dedication to delivering flexibility to its advisors and incredible service to clients. I look forward to working closely with [Perigon CEO Arthur Ambarik] and the entire executive team to build a legal and compliance program that will enable Perigon to achieve its goals.”

ORGANIC GROWTH

Meanwhile, Michael Mignosi has been hired as director of organic growth, having previously been director of marketing at Cresset Partners where he established a digital advertising program and introduced a successful customer retention program.

The newly created role is focused on supporting and identifying organic growth opportunities for the firm’s advisors and will draw on his more than a decade of experience in developing and implementing strategies in wealth management, real estate, technology, and branding.

“We strive to create a culture of partnership among our leadership team that serves our advisors' best interests,” Ambarik said. “We worked closely with our private-equity partner Constellation Wealth Capital to identify the right people with the experience and potential to continue growing with our team. It was critical to find people who share Perigon’s core values of accountability, authenticity and positivity. Jonathan and Michael embody these characteristics, and we’re thrilled to have them both on board.”

Latest News

Merrill to pay $39 million in cash sweep settlement
Merrill to pay $39 million in cash sweep settlement

The financial advice industry has been facing inquiries into its cash sweep programs for years now.

SEC accuses fund advisor of defrauding SpaceX, OpenAI investors
SEC accuses fund advisor of defrauding SpaceX, OpenAI investors

Investor money allegedly went to strip clubs, exotic cars, and landscaping

RIA moves: Savant enters Thousand Oaks as Procyon lands in New Jersey
RIA moves: Savant enters Thousand Oaks as Procyon lands in New Jersey

Procyon adds $415 million in assets under management in New Jersey while Savant picks up a $213 million Southern California planning firm

Beyond sell or inherit: A third exit for appreciated property
Beyond sell or inherit: A third exit for appreciated property

With a growing number of real estate-rich Baby Boomers aging into retirement, some advisors may be failing to consider all the options available for those clients' assets.

AI marketing adoption gap costs financial firms revenue
AI marketing adoption gap costs financial firms revenue

Cornerstone Advisors study reveals compliance bottlenecks stall campaigns weeks after customer opportunities close.

SPONSORED In the Age of AI, Trust Becomes the Advisor's Greatest Asset

As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains