Wealthspire Advisors, a New York City-based registered investment advisory firm, has agreed to acquire Heron Wealth, another New York City firm overseeing $300 million in assets.
Heron’s president, David Edwards, founded a predecessor firm, Heron Capital Management, in 1996. The firm focuses on building lifetime relationships spanning generations with its clients.
"For three decades, we adapted our firm to meet the evolving needs of our clients," Edwards said in a statement. "We are thrilled to join Wealthspire Advisors to add additional capabilities as we advise the ever more complex requirements of modern families."
The deal is expected to close early in the second quarter. Park Sutton Advisors was Heron’s advisor on the transaction; Heron also received legal counsel from Wiggins and Dana.
The Illinois order refers to Brandon Ellington’s investment program as a “Ponzi-like scheme.”
But the Amazon executive chair seems to want it both ways, arguing that taxing the ultra-wealthy won't help struggling Americans.
Northern Trust planning leader sees the bill extending qualified charitable distributions to employer plans as a potential positive step — but advisors shouldn't overlook bigger holes in the strategy.
Markets will always create reasons for investors to worry. The advisor’s role is not to predict uncertainty, but to help clients understand why volatility should not derail a well-built financial plan.
Plus, Asset-Map partners with Contio to elevate the advisor meeting experience, and MyVest claims an innovation in portfolio management with separately managed models.
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
