Ryan G Kenny, CFA, CFP®, Director & Portfolio Manager at Crestwood Advisors, recently discussed the challenges of crypto investments with Financial Planning. While acknowledging client interests, Ryan underscores the need for cautious investment in digital assets.
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As we step into the new year, the ‘January blues’ can be a real challenge for many of us. William (Billy) Spencer, CFP®, CFT-I™, FBS®, featured in InvestmentNews, offers practical advice on how to navigate this period with positivity and resilience.
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Changes to the IRS energy efficient home improvement credit could keep money in your pocket while you upgrade your living space.
Crestwood Director and Wealth Planner Luke Neumann, CFP®, spoke with Financial Planning, sharing his expertise on how advisors can leverage tax incentives for their clients and why making eco-friendly upgrades can be monetarily beneficial to clients.
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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.
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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.
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.
In a recent article on InsuranceNewsNet, Wealth Planner Luke Neumann, CFP®, shares his perspective on how navigating retirement planning amidst today’s uncertainties can be overwhelming, especially when determining the optimal approach for withdrawing funds from savings.
Read the full article by clicking here!
With the Department of Justice indicting promoters of alleged tax-shelter schemes involving trusts, how can trusts be optimized for financial success while enduring IRS scrutiny on high-net-worth clients?
Wealth Strategist and Managing Director Katherine M. Sheehan, J.D., AEP®, recently shared her thoughts.
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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.”
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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’s latest achievement – securing the 76th position on the prestigious 2023 Forbes | SHOOK Research Top RIA list of the nation’s top 250 firms, is generating buzz across 250+ local, regional and national media outlets like Yahoo! Finance.
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Partner and Chief Investment Officer John Ingram, CFA, offered his take on the banking sector’s current status after key earnings reports in a recent Wall Street Journal article.
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