Crestwood Advisors Announces New President

FOR IMMEDIATE RELEASE

Boston-based advisory firm strengthens leadership team for continued growth and client value

Boston, Mass. (January 8, 2023) – Crestwood Advisors (“Crestwood”), a boutique investment advisory and wealth management firm based in Boston and with offices in Connecticut and Rhode Island, is pleased to announce the appointment of Leah R. Sciabarrasi, CFP® as President, effective January 1, 2024.

“Leah’s appointment as President is a natural evolution of her leadership within Crestwood,” said CEO/Managing Partner and Portfolio Manager Michael A. Eckton, CFA. “Her dedication to the growth and success of the firm has been evident throughout the years, and I am confident in her ability to guide Crestwood in the years ahead.”

Leah, who has been with Crestwood since its inception in 2003, has been instrumental in the firm’s growth and success. Starting as Director, she became a Partner in 2008 and assumed the role of Managing Partner in 2017, co-leading the firm’s direction and strategic initiatives.

“I am honored to take on the expanded role of President at Crestwood Advisors,” said Leah, who will continue to serve as Managing Partner and Wealth Manager. “I am committed to driving our organization’s mission to deliver an exceptional experience for our clients as well as continued strategic growth, and I look forward to remaining focused on the long-term success of our clients and the firm.”

Beyond her professional achievements, Leah is active in philanthropy, serving on charitable boards for over 15 years. She spent nearly 10 years on the board of Economic Mobility Pathways (EMPath), eventually serving as Chair.  Leah also served as Co-Chair of the Professional Advisory Council for the Boston Foundation. Currently, she is a dedicated member of the Board of Directors of PSC Partners Seeking a Cure and sits on the External Advisory Board of the Harvard Digestive Diseases Center. She is also a member of the Boston Estate Planning Council and Ellevate.

“Leah has played a pivotal role in our firm’s impressive growth and continued team success. She also leads by example and pours herself into our community and our industry in meaningful ways,” said John W. Morris, Managing Partner and Wealth Manager.

Last year, Crestwood Advisors celebrated its 20th anniversary, highlighting two decades of dedication to client success and financial excellence. The firm’s growth trajectory was further accentuated by the successful merger with Endurance Wealth Management, Inc., elevating Crestwood’s total headcount to more than 55 employees.

Notably, Crestwood recently expanded its Connecticut office presence in Darien and has exciting plans for 2025, having signed a 10-year lease for a larger space in the rapidly developing Corbin District.

Looking ahead to 2024, the firm anticipates further strategic growth initiatives to enhance its position as a leader in wealth management.

### 

About Crestwood Advisors
Crestwood Advisors is an independent, fee-only, wealth management firm with over $5.3 billion in assets under management. Founded in 2003, and a partner Firm of Focus Financial since 2017, Crestwood Advisors provides investment management with financial planning strategies to help high-net-worth individuals and families identify and prioritize their goals and build sustainable wealth so that they may enjoy more financially secure and purposeful lives. For more information, please visit https://www.crestwoodadvisors.com.

Wealth Planner Janie Monroe CFP®, CFA, Shares Her Thoughts with CNN On Leveraging The Latest 401(k) Plan Changes in 2024

Start the new year by leveraging the latest 401(k) plan changes to enhance your retirement planning! A notable change for 2024 is the increased contribution limit, offering a greater opportunity to grow your retirement savings.

Wealth Planner Janie Monroe CFP®, CFA, advises checking if your plan includes an automatic increase feature. This can help you effortlessly maximize your 401(k) contributions. If your plan doesn’t have this feature, you might need to set a specific annual savings target.

To read the full article click here.

Crestwood Advisors Moves, Expands Darien Office After Strategic Success

FOR IMMEDIATE RELEASE

Temporary new office offers additional space as more team growth is expected

Boston, Mass. (October 30, 2023) – Crestwood Advisors (“Crestwood”), a boutique investment advisory and wealth management firm based in Boston, is pleased to announce its Darien office has officially relocated to 23 Old Kings Highway South, which is located almost directly across the large parking lot behind the firm’s previous offices at 1020 Post Road.

Crestwood has outgrown its previously available space and is happy to be nearby in a larger space that more effectively enables the full Connecticut team to comfortably assemble and collaborate. This new space also has a dedicated conference room for client meetings as well as extra room for colleagues visiting from Boston or Providence.

Despite the extra room the new space affords, Crestwood’s Darien office will be moving again in 2025 as the firm has executed a 10-year lease to move into a larger office in a soon-to-be-built space within the rapidly developing Corbin District. The Corbin District is a development that is transforming and invigorating downtown Darien. The area will feature numerous retail shops and new restaurants.

The address of the future long-term office home will be One Market. When it is complete in late 2025, the new offices will provide even more room for growth, meeting space and ample client parking.

As a growing advisory firm committed to client success, Crestwood’s financial planning and investment professionals across New England strive to meet clients wherever they are in life, providing guidance, tools and financial solutions to help individuals and families succeed.

“We’re thrilled to have the opportunity to offer expanded services and amenities for our highly valued clients,” said Crestwood CEO/Managing Partner Michael Eckton. “We’re looking forward to continuing to grow into our forever home in Darien once we’re fully settled.”

###

 

About Crestwood Advisors
Crestwood Advisors is an independent, fee-only, wealth management firm with over $5.3 billion in assets under management. Founded in 2003, Crestwood Advisors provides investment management with financial planning strategies to help high-net-worth individuals and families identify and prioritize their goals and build sustainable wealth so that they may enjoy more financially secure and purposeful lives. For more information, please visit https://www.crestwoodadvisors.com.

Crestwood Advisors Ranked No. 93 in 2023 Barron’s Top 100 RIA Firms List

FOR IMMEDIATE RELEASE

Fast-growing New England advisory firm earns prestigious national accolade

Boston, Mass. (September 21, 2023) – Crestwood Advisors (“Crestwood”), a boutique investment advisory and wealth management firm based in Boston, is pleased to announce it has been named to the Barron’s 2023 Top 100 RIA Firms list.

Crestwood ranked No. 93 on the prestigious national list.

This year’s list was Barron’s 8th annual ranking of independent advisory companies. The rankings are based on assets managed by the firms, technology spending, staff diversity, succession planning, and additional metrics. The list is intended to highlight the nation’s best financial advisors and help improve industry standards.

“We are thrilled to again be named to this impressive national ranking,” said Crestwood CEO/Managing Partner Michael Eckton. “We recognize that this honor is possible only through the continued partnerships between our incredible clients and dedicated team.”

The full methodology for the Barron’s 100 list can be found here. Crestwood did not pay a fee to appear on the published list.

Please see Crestwood Advisors’ important disclosures regarding awards and recognitions here.

###

About Crestwood Advisors
Crestwood Advisors is an independent, fee-only, wealth management firm with over $4 billion in assets under management. Founded in 2003, Crestwood Advisors provides investment management with financial planning strategies to help high-net-worth individuals and families identify and prioritize their goals and build sustainable wealth so that they may enjoy more financially secure and purposeful lives. For more information, please visit https://www.crestwoodadvisors.com.

Endurance Wealth Management Named to 2023 CNBC FA 100 List of Nation’s Top Financial Advisory Firms

FOR IMMEDIATE RELEASE

Boston, Mass. (September 18, 2023) – Crestwood Advisors Group, LLC (“Crestwood”), a leading boutique investment advisory and wealth management firm, is proud to announce that Endurance Wealth Management, which merged with Crestwood this month, has been named to the 2023 CNBC FA 100 ranking of top-rated financial advisory firms.

CNBC developed the list with assistance from data provider AccuPoint Solutions. More than 40,0000 Registered Investment Adviser (RIA) firms were considered by AccuPoint, and the top list recognizes the 100 firms that best help clients navigate their financial lives. In addition to survey results, AccuPoint also considered data points in relation to regulatory/compliance record, years in the business, number of certified financial planners, total assets under management, number of states where the RIA is registered, and more, in the final analysis.

“I am honored to see Endurance Wealth Management, now a part of the Crestwood Advisors, recognized as one of the top-rated financial advisory firms in the 2023 CNBC FA 100 ranking,” said J. Michael Costello, founder of Providence-based Endurance Wealth Management, who joined Crestwood as a Managing Partner. “Our commitment to providing exceptional wealth management services and helping clients navigate their financial journeys has been the cornerstone of our success, and we look forward to continuing to serve our clients with the highest level of excellence.”

Earlier this year, Crestwood Advisors was named to the first-ever USA Today ranking of Best Financial Advisory Firms in the U.S. In 2022, the firm was named to the inaugural Forbes/Shook Top RIA Firms list of the top 100 firms in the nation and the prestigious Barron’s 2022 Top 100 RIA Firms list.

“This achievement is a testament to the dedication and expertise of our team, and I am incredibly proud to see our Providence team included in the 2023 CNBC FA 100,” said Michael Eckton, CEO/Managing Partner of Crestwood Advisors. “We look forward to helping even more clients achieve their financial goals and guide them through complex financial landscapes in the years to come.”

As a growing wealth advisory firm, Crestwood’s nearly 60 financial planning and investment professionals, who serve families and individuals across New England, strive to meet clients wherever they are in life, providing guidance, tools and financial solutions to help them succeed.

The full methodology for the CNBC FA 100 list can be found here. Endurance did not pay a fee to appear on the published list.

Please see Crestwood Advisors’ important disclosures regarding awards and recognitions here.

###

About Crestwood Advisors
Crestwood Advisors is an independent, fee-only, wealth management firm with over $4 billion in assets under management. Founded in 2003, Crestwood Advisors provides investment management with financial planning strategies to help high-net-worth individuals and families identify and prioritize their goals and build sustainable wealth so that they may enjoy more financially secure and purposeful lives. For more information, please visit https://www.crestwoodadvisors.com.