The word ‘wealth’ – derived from the Old English word ‘wela’, is defined by modern dictionaries as the sum total of all tangible assets owned by a person, community or country. Specific people, organizations, and nations are deemed wealthy when they are able to accumulate many valuable resources or goods.
Contrary to popular belief, significant personal wealth comes with significant complexity. With countless investment choices, the intricacies of estate planning, changing regulations, the timing of compensation and purchases, and the tax ramifications of nearly every decision, managing great wealth is a mammoth of a responsibility. This has given birth to a new niche in the finance industry – wealth management.
For private wealth management firm Waldron, it is all about simplifying the financial complexities in their clients’ lives so that they can be free from the stress and anxiety of managing the complex aspects of their wealth, and focus on enjoying their lives instead. Since its inception in 1995, Waldron has gained recognition over the years, providing sound asset management advice to a select group of high-net-worth individuals, families, and family offices on how to simplify the complexities of their wealth and make the most of it for the generations ahead.
Renee Elizabeth Mendelssohn, Senior Wealth Advisor with Waldron states, “our approach is to take a deep dive into the entirety of each client’s financial life, identifying and mitigating risks, leveraging opportunities and integrating all of the components into one coordinated strategy.”
When John Waldron founded Waldron Private Wealth in 1995, he had a vision – to change the way wealth management services were delivered. Drawing from his financial planning experience from working with various major accounting firms over the years, John built his firm specifically to serve the unique needs of business owners, families of multigenerational wealth as well as high-flying corporate executives. “Since then, everything we do has surrounded that vision – from our service offerings, to the way we structure our teams, to the technology we’ve adopted over time,” states Renee.
Driven by a team of some of the best finance confidants in the country, the Waldron team approaches their objectives as a collective, often feeding off each other’s experience to provide the most well-rounded client experience. “We truly live and breathe by the team atmosphere here at Waldron,” says Renee. Long story short, with the backing of this team, rest assured, your wealth management hassles are a thing of the past.
Today, the firm employs more than 50 full-time team members and the office has recently moved into a brand-new building to accommodate future growth. The organization prides itself on its high office morale, with employees enjoying fully funded healthcare plans, flexible schedules, including 3+ weeks of PTO and paternal/maternal leave options, as well as an internal mentoring program, opportunities for community outreach and a company gym.