At Crestwood Advisors, our mission is to provide exceptional investment strategies to high-net-worth individuals and families wherever they are in life, which is why we are excited that our recent merger with Endurance Wealth Management, Inc. is garnering regional and national attention – including Boston Business Journal, Providence Business First, Providence Business News, Yahoo! Finance, among others.
Click here to read the full story
Boston-based advisory firm expands growing New England footprint into Rhode Island
Boston, Mass. (September 5, 2023) – Crestwood Advisors Group, LLC (Crestwood), a leading boutique investment advisory and wealth management firm, proudly announces the successful completion of its merger with Endurance Wealth Management, Inc., a distinguished wealth management firm headquartered in Providence, RI.
The merger, officially completed on September 1, marks a significant milestone in Crestwood’s journey to enhance service capabilities and extend its footprint across New England.
“This partnership is a strategic leap forward for both Crestwood and Endurance,” said Michael Eckton, CEO/Managing Partner of Crestwood Advisors. “By combining our strengths and expertise, we are poised to deliver even more comprehensive investment and wealth management solutions and an unparalleled client experience.”
Crestwood’s commitment to excellence and personalized wealth management aligns seamlessly with Endurance’s mission to provide exceptional investment strategies to high-net-worth individuals and families. The shared values of both firms have paved the way for a harmonious transition that will undoubtedly benefit their esteemed clientele.
The merger empowers Crestwood – recognized among the top RIAs in the country, including being named one of the Best Financial Advisory Firms in the U.S. by USA Today in 2023 – to establish a physical presence in Rhode Island, complementing its existing offices in Massachusetts and Connecticut. Endurance’s excellence in financial management in Rhode Island resulted in the firm being recognized as one of the “Best Financial Advisors Firms in Rhode Island in 2023.”
As part of this expansion, J. Michael Costello, founder of Endurance Wealth Management, will join Crestwood as a Managing Partner, further enriching the leadership team. Endurance adds a team of 8 experienced professionals, more than $1 billion in client assets under management as well as 200+ clients. The combined entity stands poised to provide an even broader range of investment solutions to a much larger base of clients.
“We look forward to the next chapter in our history and expanding our planning depth to clients as part of the Crestwood family,” Costello said. “Our team is excited to begin collaborating with regional clients and helping them achieve their long-term financial goals.”
Now in its 20th year, Crestwood’s growth is further underscored by the increased headcount resulting from this merger. The addition of Endurance’s experienced advisors brings the Crestwood team to 58 total employees, marking a significant milestone in the firm’s expansion over the past several years.
For Crestwood Advisors, this merger is not just a transaction; it’s a testament to their commitment to delivering exceptional wealth management. “We see this as a pivotal step toward bringing Crestwood’s legacy of performance to Rhode Island,” stated John Morris, Crestwood Managing Partner. “We look forward to harnessing the experience and expertise of our teams to create a brighter financial future for our clients.”
###
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.
At Crestwood Advisors, our team’s unique and diverse perspectives allow us to solve client problems beyond expectations. In a recent Action! Magazine article, CEO Michael Eckton, Client Advisor Tiffany So, CFP®, and intern Samantha Pinheiro shared their thoughts on how the firm is leveraging non-traditional hiring practices to create a diverse talent pool to deliver better client outcomes.
Click here to read the story
In the midst of market turmoil, many investors are turning to precious metals like gold – but is it a safe investment?
Recently, Partner and Chief Investment Officer John Ingram shared his thoughts with WSJ
Read the full story here
Crestwood Advisors is pleased to announce that we have again made this year’s Financial Advisor Magazine’s 2023 RIA Survey & Ranking list! Congratulations to our entire team for their efforts that made this possible.
View the entire list here.
Please view Crestwood Advisors’ list of important disclosures regarding awards and recognitions here.
FOR IMMEDIATE RELEASE
Boutique RIA firm continues expanding its New England team as part of strategic growth plan
Boston, Mass. (July 11, 2023) – Crestwood Advisors (“Crestwood”), a boutique investment advisory and wealth management firm with offices in Boston and Fairfield County, Connecticut, is pleased to announce continued regional growth with Katie Sheehan joining the team.
Katie joins Crestwood as Managing Director and Wealth Strategist based in the firm’s Boston office. She brings a wealth of experience to her new role, having previously worked as a Wealth Strategist at SVB (formerly Boston Private) and as a Partner at DesRosiers, Tierney & Sheehan, LLC.
Her legal career focused on estate planning, trust administration, charitable planning, long-term care planning, and elder law. Katie holds a bachelor’s degree from Boston College and a law degree from Suffolk University Law School.
“We are thrilled to welcome Katie Sheehan to the firm,” said Crestwood CEO/Managing Partner Michael Eckton. “Her extensive financial services expertise and impressive track record in the industry make her a valuable addition to our growing team. Her deep knowledge and strategic insights will undoubtedly strengthen our ability to deliver exceptional wealth management solutions to our esteemed clients.
Comprising a dedicated group of around 50 financial planning and investment experts in New England, Crestwood is committed to assisting individuals and families in attaining their financial objectives. The firm’s primary goal is to offer personalized financial solutions and advice that caters to its clients’ distinctive requirements and situations, thereby promoting their prosperity and financial well-being.
Since the beginning of 2021, the Crestwood team has expanded by approximately 20 percent, enhancing the firm’s ability to provide exceptional service, expertise, experience, and a commitment to excellence to new clients in the local market.
###
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.
Good news! Inflation is beginning to show signs of slowing down. However, that does not mean you should give up your financial savings habits.
Peter T. Malone, CFA, CFP, Director and Portfolio Manager at Crestwood Advisors, spoke with Yahoo Finance on financial mistakes people should avoid when it comes to inflation.
Click here to read the full article
Regional bank stocks have tumbled due to the recent instability of the banking sector. So, here’s the big question: are they a good buy?
Crestwood CIO John Ingram spoke with Money about investing in bank stocks.
Read the full article here
Nicole DellaPasqua, a certified financial planner at Crestwood Advisors in Boston, spoke with Financial Planning about financial planners working from home and the best practices they can put in place to make remote work successful.
Learn how to mitigate the remoteness of remote work by reading the full article here
Our CIO John Ingram, spoke with Yahoo Finance about the downward trend of inflation for 2023. The good news is experts are seeing a decline in inflation, consumers are just wanting to know when.
Read the full article here