- Two Jack Russell terriers named Tate and Tripp.
- Obsessed with Brazilian jujitsu.
- Favorite place is Hong Kong.
With a combination of quantitative skills and compassion, Clint Sorenson, 36, is using his talents to make the world a better place for both clients and advisers.
He is managing partner of two registered investment advisers: Emerald Investment Partners and WealthShield, which he refers to as an "outsourced chief investment officer consulting company."
When Mr. Sorenson was attending college, his family went through some serious financial struggles. "It defined who I am and inspired me to find out why it happened, " he said.
He researched the financial advising field and found himself drawn to both the chartered financial analyst and chartered market technician programs. In earning these designations, he realized that he loved everything about analytics and portfolio construction.
Wanting to address a growing challenge, Mr. Sorenson co-founded WealthShield in 2017 to work exclusively with advisers to build customized client portfolios that incorporate client behavioral profiles, adviser input and a sophisticated digital platform.
"I started seeing troubling trends in the industry — the rise of automated investment management and advisers getting pushed out of investment management," he said. "I wanted to fight for the adviser. I see an important centerpiece of the client relationship being replaced."
The business has touched a nerve. WealthShield already has more than $10 billion in assets under advisement, with more than $30 billion expected by the end of the year.
Mr. Sorenson envisions a ripple effect down to individual investors.
"I wanted maximum impact," he said. "I've seen the financial devastation of clients lacking solid financial advice."
— Deborah Nason; Photo credit: Brad Trent