71 West Capital Partners Launches as a New RIA
Co-founded by former UBS Financial Services Managing Directors Denis Cleary and Greg Devine, 71 West Capital Partners aims to leverage its independence to better serve ultra-high net worth clients. The firm, operating under the name "71 West," marks an exciting new chapter for both founding partners who have extensive experience in the wealth management sector.
Background of Founders
Denis Cleary and Greg Devine each bring over a decade of wealth management expertise. Starting their careers at Goldman Sachs in 2006, they formed a robust partnership that would continue to flourish throughout their transition to UBS Financial Services. At UBS, Cleary and Devine managed one of the most successful private wealth practices in the USA, with around $6 billion in assets and clients spread across 35 states.
Career Highlights
Denis Cleary began his professional journey as a corporate attorney before transitioning to the financial sector. At Goldman Sachs, Cleary was elevated to the rank of Managing Director, gaining recognition as one of the top advisors in the wealth management arena. Following his success at Goldman, Cleary's leadership at UBS showcased his ability to drive substantial business growth, solidifying his reputation in the industry.
On the other hand, Greg Devine's career took off in wealth management after gaining invaluable experience in Silicon Valley's technology sector. His strong relationships in that space helped him establish a client base focused on high-tech entrepreneurs. Devine's recent move to Los Angeles reflected the team's strategy to expand their reach, until he also became a Managing Director at UBS.
The Formation of 71 West Capital Partners
The establishment of 71 West Capital Partners is seen as a natural progression for Cleary and Devine, who have worked together for nearly 20 years. Now, by launching their own registered investment advisor, they plan to offer fully tailored services that cater specifically to ultra-high net worth individuals and families. Enhanced by a focus on independence, it is believed that their firm can better meet the unique needs of their clientele.
Services Offered
71 West Capital Partners operates from two key locations—Boston and Los Angeles—allowing the firm to maintain strong relationships with clients across the nation. By continuing to work with BNY Pershing for custody and clearing services, 71 West offers both comprehensive and sophisticated financial management solutions.
Recognizing diverse needs within their client base, the team offers tailored investment strategies aimed at meeting the goals of successful entrepreneurs, business leaders, and philanthropic foundations. Emphasis on personal relationships means that the firm can adapt services based on evolving client objectives.
The Team Behind the Vision
At 71 West, Cleary and Devine are joined by a skilled team comprising Abigail Harris, Matthew Kirshner, Chris Carbone, William Corman, Spencer Danziger, and Nolan Morr. Each member brings deep knowledge and expertise crucial for ensuring client satisfaction and long-term success.
Commitment to Excellence
Through their combined experience, the team embodies a collective commitment to excellence. As they navigate the complexities of wealth management, they aim to bring transparency, accessibility, and a client-oriented approach to investment strategies. Achieving substantial growth, Cleary and Devine have focused on ensuring that their firm reflects their dedication to meticulous service.
About 71 West Capital Partners
71 West Capital Partners is an independent registered investment advisor dedicated to providing highly customized wealth management services to ultra-high-net-worth individuals, families, and foundations across the United States. With offices in both Boston and Los Angeles, the firm strikes a balance between the scale of large institutions and the personal touch of a boutique advisory.
Coupled with their impressive track record, Cleary and Devine are poised to redefine how wealth management supports the unique aspirations of their clients, delivering services crafted with a personal touch.
Frequently Asked Questions
What is 71 West Capital Partners?
71 West Capital Partners is a full-service independent registered investment advisor founded by Denis Cleary and Greg Devine.
Where are 71 West's offices located?
The firm has offices in both Boston and Los Angeles, allowing it to serve clients nationwide.
Who are the key players at 71 West Capital Partners?
The firm is led by founding partners Denis Cleary and Greg Devine, with a dedicated team of experienced advisors.
What kind of clients does 71 West serve?
71 West caters primarily to ultra-high-net-worth individuals, families, and philanthropic organizations.
How does 71 West differ from other wealth management firms?
71 West emphasizes a client-first philosophy, offering personalized service and tailored investment strategies due to its independent structure.
