VestGen Onboards Six Advisory Teams With $1.5B in Client Assets
Wealth management firm VestGen Wealth Partners LLC announced the addition of six advisory teams totaling approximately $1.5 billion in client assets. These teams include 15 advisers operating across four states.
“In less than a year, we have launched an instantly competitive, firm of consequence working to solve the industry’s succession problem without disrupting clients’ lives. Bringing six more teams onto one fully integrated wealth management ecosystem is the next step – giving advisers more resources and families uninterrupted, multi-generational care,” said Josh Gerry, founder and chief executive officer of VestGen.
With the completion of these transactions, VestGen will oversee approximately $7 billion in total client assets, supported by 45 advisers serving clients across the United States.
“We are incredibly well-positioned to leverage this expansion to further support advisers and their clients throughout the country,” added Gerry.
Team leadership includes:
- Ursula Daley, managing director and wealth adviser, leads an all-female team focused on institutional clients. The team brings $410 million in client assets with offices in Oak Brook, Ill.
- Michael Moloney, managing director and wealth adviser, leads a team bringing $400 million in client assets with offices in the St. Louis metro area. Moloney also serves as executive director of the Hausstette Foundation.
- Michael Martin, managing director and wealth adviser, leads a six-person team bringing $280 million in client assets with offices in Kansas City, Mo. The team includes several financial advisers focused on developing and executing financial plans for retirees, small business owners, working professionals, and women.
- Jeff Lesniewicz and Brian Ahern, managing directors and wealth advisers, co-lead a Chicago practice bringing $250 million in client assets built to support the wealth management needs of athletes.
- John Straley, managing director and wealth adviser, leads a team bringing $219 million in client assets. Focused on providing a holistic and well-rounded financial plan for clients, Straley has developed a high-touch practice that delivers a range of wealth, asset, and insurance management services in Chicago’s northwest suburbs.
- Jon Lewis, managing director and wealth adviser, brings $60 million in client assets. Based in Florida and Michigan, he leverages nearly four decades of experience and provides clients with a full suite of services across all aspects of wealth management and retirement planning.
The cohort joins VestGen’s succession-focused platform to deliver robust financial planning and provide a broad suite of services such as tax compliance, estate planning, and retirement planning resources. The company also said it plans to expand into related services and wealth management offerings to enhance the platform for advisers and improve its ability to deliver for clients.
VestGen launched in December 2024 with 10 financial advisory practices collectively managing $5.3 billion in assets. At the time of its C-suite additions, the firm said it was “dedicated to solving the succession challenges facing the industry as financial advisers continue to retire in greater numbers.”
More recently, AltsWire reported on the firm’s appointment of Robert “Bob” Hostetter as chief investment officer. Reporting to Gerry, Hostetter is responsible for developing and implementing comprehensive client-centric investment strategies, ensuring that investment objectives align with the firm’s vision and the needs of its clients.
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