NewEdge Wealth LLC, an investment firm specializing in high-net-worth asset management, family office, and institutional financial services, has appointed Rick Hollmann as the Managing Director and Head of Advisory Solutions as a part of their investment management strategy for ultra-high-net-worth clients.
This is the firm’s fifth key hire after the recent additions of Glen Mintz as Managing Director, Frank Ackerman as Senior VP, Susan Kim, CFA as VP and Relationship Manager, and Jason Fay as Financial Advisor. “We are excited to continue acquiring top talent in our industry,” said Rob Sechan, Managing Partner and Co-Founder of NewEdge Wealth, explaining the firm’s recent hiring spree.
Hollmann has nearly 25 years of experience in the finance and investment industry specializing in advisory solutions and family office support and has previously served in upper managerial roles at UBS Financial Services, Inc., Lehman Brothers, and Morgan Stanley. In his new role at the NewEdge Wealth Connecticut office, Hollmann will cater to the firm’s wealthiest clients by providing research-based investment solutions in addition to designing and implementing end-to-end advisory processes and standards to boost the overall efficiency of the firm’s investment advisors.
“NewEdge Wealth has a clear vision for our growth and Rick will play a key role in continuing the momentum. His expertise in advisory solutions and family offices is unmatched and we are thrilled to welcome him to our team,” said John Straus, President of NewEdge Wealth. Hollmann has a degree in finance from Hofstra University and is a Chartered Financial Analyst (CFA). He also holds the Series 6, 7, 24, 63, and 66 licenses.
NewEdge Wealth was founded in 2020 as a partnership between EdgeCo Holdings, a holding company with specialization in financial services and nearly $150 billion in client assets under custody, and a 4-member financial management team consisting of John Straus Jr., Jeffrey Kobernick, Robert Sechan, and Walter Granruth. The firm leads EdgeCo’s wealth management division as a part of the NewEdge Capital Group.
‘NewEdge Wealth Adds Managing Director, Head of Advisory Solutions’- Businesswire
