New Edge Wealth, EP Wealth announce managing director hires

New Edge Wealth, EP Wealth announce managing director hires
Firms' appointments expand reach and capabilities for UHNW clients.
JAN 29, 2025

Two firms have announced new managing director appointments to enhance their capabilities in serving their ultra-high-net-worth clients.

At New Edge Wealth, two wealth advisors join the firm as managing directors - William deButts and Jimmy Patrick - having previously been with Edge Capital Partners where they were partners and senior wealth advisors.

The appointments bring the RIA’s advisor headcount to 50 across 14 locations. deButts will be based in Atlanta, while Patrick is the first advisor to join in North Carolina. The firm also has offices in Miami, Nashville, and San Francisco.

deButts has had a long career in the industry starting at Lydian Wealth Management Co. His first role as managing director came next at Convergent Wealth Advisors, before he started his own firm in 2020, Glenmore Advisors. The firm merged with Edge Capital Partners in 2014.

Patrick is also highly experienced with 20 years in the industry including senior roles at Lehman Brothers, Credit Suisse and Morgan Creek Capital Management, before he joined Edge Capital Partners in 2014. 

“We are thrilled to have William and Jimmy as part of our growing team as NewEdge continues to attract elite wealth managers seeking a firm that understands their needs to support a discerning client base while providing clear growth opportunities,” said Rob Sechan, co-founder and CEO of NewEdge Wealth. “William’s experience working with family offices and foundations and Jimmy’s experience working with private and institutional clients will enhance the services that NewEdge provides.”

EP Wealth

Meanwhile, EP Wealth welcomes back its former director of estate planning as managing director, Advanced Planning.

April Rosenberg is based in the firm’s San Diego office and reports to Eric Voisin, managing director, Wealth Management Services.  She is a skilled tax attorney with a resume that includes serving as a managing attorney at Antonyan Miranda LLP and two years as vice president, Estate Advisory Specialist at Wells Fargo Private Bank.

“EP Wealth has always been home,” said Rosenberry. “Returning to the firm at such an exciting time to work again with Erin, Jorge, Ryan Parker (EP Wealth CEO), and our dedicated advisors in service of our clients is a dream come true. I’m excited about both what has been built and what is to come.” 

Latest News

SEC charges Chicago-based investment adviser with overbilling clients more than $2.5M in fees
SEC charges Chicago-based investment adviser with overbilling clients more than $2.5M in fees

Eliseo Prisno, a former Merrill advisor, allegedly collected unapproved fees from Filipino clients by secretly accessing their accounts at two separate brokerages.

Apella Wealth comes to Washington with Independence Wealth Advisors
Apella Wealth comes to Washington with Independence Wealth Advisors

The Harford, Connecticut-based RIA is expanding into a new market in the mid-Atlantic region while crossing another billion-dollar milestone.

Citi's Sieg sees rich clients pivoting from US to UK
Citi's Sieg sees rich clients pivoting from US to UK

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.

US employment report reactions: Overall better than expected, but concerns with underlying data
US employment report reactions: Overall better than expected, but concerns with underlying data

Chief economists, advisors, and chief investment officers share their reactions to the June US employment report.

Creative Planning's Peter Mallouk slams 'offensive' congressional stock trading
Creative Planning's Peter Mallouk slams 'offensive' congressional stock trading

"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.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

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.