Certuity, the multi-family office with locations in New York City, North Palm Beach, Manhattan Beach, and Santa Monica, has enriched its leadership with a veteran C-suite hire.
The firm formerly known as Camden Capital has appointed seasoned investing leader Scott Welch as its new chief investment officer, according to an announcement from the firm Monday.
Welch, who brings over 25 years of experience in the investment sector, previously served on WisdomTree’s asset allocation and investment committees and held the position of chief investment officer for their model portfolios.
His long track record of leadership in the industry includes roles as chief investment officer at Dynasty Financial Partners and co-founder and chief investment officer at Fortigent.
Fortigent, a company providing outsourced investment research, technology, and practice management solutions to registered investment advisors and banks, was acquired by LPL Financial in a deal announced 2012.
Before his time at Fortigent and its predecessor RIA starting in 1998, Welch spent over a dozen years working on Wall Street. He’s also held board positions at the Investments & Wealth Institute and the ABA Wealth Management & Trust Conference and served on the editorial advisory boards of the Journal of Wealth Management and the IWI Investments & Wealth Monitor.
"Scott brings an extraordinary depth of expertise in investments, and we couldn’t be more excited to welcome him to the Certuity team," Rich Bursek, president of Certuity, said in a statement.
Certuity, a multi-family office and SEC-registered investment adviser, manages over $4 billion in assets. The firm offers a holistic approach to wealth management, legacy planning, and investment consulting services to high- and ultra-high-net-worth families, founders, business owners, entrepreneurs, and select institutions.
Welch highlighted Certuity’s client-oriented culture, emphasizing its “[dedication] to providing its clients with truly comprehensive investment solutions that are in their best interests.”
“The integrity, innovation, and culture at Certuity is inspiring,” he said. “I cannot wait to be more active with the firm."
In May last year, Certuity welcomed Daniel Lee as its chief revenue officer and wealth advisor. Lee came from First Republic Bank, where he brought in $7 billion in client assets, and had stints at US Trust and Merrill Lynch.
Eliseo Prisno, a former Merrill advisor, allegedly collected unapproved fees from Filipino clients by secretly accessing their accounts at two separate brokerages.
The Harford, Connecticut-based RIA is expanding into a new market in the mid-Atlantic region while crossing another billion-dollar milestone.
The Wall Street giant's global wealth head says affluent clients are shifting away from America amid growing fallout from President Donald Trump's hardline politics.
Chief economists, advisors, and chief investment officers share their reactions to the June US employment report.
"This shouldn’t be hard to ban, but neither party will do it. So offensive to the people they serve," RIA titan Peter Mallouk said in a post that referenced Nancy Pelosi's reported stock gains.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
