Gavin Spitzner, the president of Wealth Consulting Partners, has died.
Using his Twitter account, Spitzner’s family announced he passed away Monday after battling with acute myeloid leukemia, which he was diagnosed with in September. Spitzner was 57 years old.
“He had many adventures and had the good fortune to get to see his three kids grow into generous, thoughtful, compassionate young adults,” his family posted from this Twitter account. “He was thrilled to see how he had passed on his love of music, humor, puzzles, hiking, photography, travel, sports and so much more.”
Spitzner was well-known in the wealth management and fintech industry. After 25 years in the industry holding leadership roles at firms including Prudential Investments and Envestnet, Spitzner launched Wealth Consulting Partners in 2015. The firm helped numerous banks, broker-dealers, asset managers, registered investment advisors and fintech companies to develop and implement modern technology.
Spitzner was also an advocate for improving diversity and inclusion in the financial services industry. In 2019, following accusations that Fisher Investments founder Ken Fisher made sexist comment at an industry event, Spitzner penned a column for InvestmentNews on the pervasive issues of sexism and exclusion in wealth management.
Several industry leaders took to social media to express condolences over his passing.
Firms continue their quest to attract and retain the best advisor teams.
A survey from TacticalMind AI found 69% of advisors say a high-quality AI platform that makes investment recommendations and constructs portfolios is worth $500 monthly, while research-only tools are valued closer to $250.
The alts tech provider's latest integration lets advisors query fund data and surface portfolio insights without leaving their primary workspace.
The regulator is scrutinizing how some firms oversee concentrated positions in complex "worst-of" notes – and wants answers.
Meanwhile, Carson Group fully integrates a decades-old practice in Phoenix, Arizona, and Triad Wealth touts its 5x growth to hit a $2 billion milestone.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
