Perigon Wealth Management Expands Through Strategic Acquisition
Perigon Wealth Management, an established investment advisory firm, is thrilled to announce its recent partnership with Gitterman Wealth Management and Gitterman Asset Management. This strategic acquisition allows Perigon to bolster its offerings and commitment to delivering exceptional value to clients.
About the Recent Partnership
TheNew Jersey-based Gitterman Wealth Management manages approximately $1.3 billion in total client assets. This partnership brings together two firms dedicated to similar values and philosophies in wealth management. Gitterman’s experienced team, including partners Jeffrey Gitterman and Eli Rauch, will be joining Perigon as Managing Directors, further enhancing Perigon’s client base and services.
Driving Client-Centric Growth
Perigon has consistently focused on aligning with firms and professionals that uphold a strong cultural fit. CEO Arthur Ambarik expressed his enthusiasm for this acquisition, stating, "Perigon's growth strategy emphasizes partnerships that deepen our commitment to clients while maintaining our core values and principles." With the merger, Perigon anticipates an increase in its total assets under management, which will rise to approximately $10.6 billion.
Background on Gitterman Wealth Management
Founded in 2000, Gitterman Wealth Management is recognized for its leadership in climate-focused investing, emphasizing adaptation and resilience. Jeffrey Gitterman, a visionary in wealth management for high-net-worth individuals and higher education professionals, built this firm with the commitment to serving clients across generations. His expertise, alongside Eli Rauch, positions them well to add value to Perigon's existing offerings.
Future of Wealth Management
Rauch, who began his financial career in banking before transitioning to wealth management, has been vital in shaping Gitterman’s approach toward high-net-worth individuals and institutional clients. He stated, "Joining forces with Perigon allows us to better address our clients’ evolving wealth management needs and enhances our investment strategies significantly." This partnership aims to expand their services while continuing to focus on the unique requirements of their clients.
Perigon's Commitment to Excellence
As a registered investment advisor, Perigon Wealth Management is committed to helping clients achieve their financial goals through personalized wealth management strategies. The firm, led by experienced financial advisors, prides itself on providing tailored solutions that align with client objectives. With around $9.3 billion in assets as of the beginning of September, Perigon is dedicated to advocating for financial advisors and simplifying their operations to cultivate their independence.
Building Long-Lasting Relationships
Jon Hoy, President of Corporate Development at Perigon, shared his thoughts on the acquisition, noting the established respect and trust within the financial industry for Jeffrey Gitterman. He remarked that the culture of both organizations values trust and long-lasting relationships, which are crucial for client satisfaction. This merger will not only enhance their capabilities but also retain the personalized interaction that defines both firms.
About Perigon Wealth Management
Perigon Wealth Management is an independent firm dedicated to offering individualized investment advisory services. Founded by professionals committed to client success, it provides a robust platform for financial advisors that accommodates various business models. The firm’s focus on high-quality service ensures that clients can pursue their financial aspirations with confidence.
Frequently Asked Questions
What is Perigon Wealth Management's business focus?
Perigon Wealth Management specializes in providing personalized investment advisory services tailored to meet clients' financial objectives.
What assets do Gitterman Wealth Management manage?
Gitterman Wealth Management manages approximately $1.3 billion in client assets, primarily focusing on high-net-worth individuals and professionals.
How will the acquisition benefit clients?
The acquisition enhances Perigon's services, expanding its capacity to address clients' wealth management needs through shared principles and expertise.
Who lead the Gitterman Wealth Management team?
The team is led by partners Jeffrey Gitterman and Eli Rauch, who are now appointed as Managing Directors at Perigon.
What is the total asset value for Perigon after the acquisition?
After acquiring Gitterman Wealth Management, Perigon’s total assets under management will be approximately $10.6 billion.
