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Tuesday, July 24, 2007

Satovsky Forms RIA

News summary by MFWire's editors

Private wealth manager Jonathan M. Satovsky has formed Satovsky Asset Management, LLC, a registered investment advisory firm. Based in New York, the firm will offer clients access to the broadest array of investment options in an open-architecture investment platform.

One of the nation’s most successful private wealth managers, Jonathan M. Satovsky, announced today the formation of Satovsky Asset Management, LLC (SAM), a registered investment advisory firm. Since beginning his career as a financial advisor in 1993, Mr. Satovsky has attracted more than 200 private clients in the US, Europe and Asia, advising on in excess of $600 million in assets.

For Mr. Satovsky, Chairman and CEO of SAM, the move to create SAM was driven by his desire to offer his clients “access to the broadest array of investment options in an open-architecture investment platform.”

Mr. Satovsky noted that: “We believe that managing personal wealth requires access to unique investment opportunities, the use of the latest technology, and, most of all, caring enough to manage each client’s assets as if they were our own.”

A frequent guest commentator on financial issues for CNBC, Bloomberg, Fox News and CNN, Mr. Satovsky has also been quoted in leading financial media such as The Wall Street Journal, Business Week, Institutional Investor and Time Magazine.

Satovsky Asset Management, LLC is headquartered at 232 Madison Avenue, Suite 500, New York, NY 10016. 212-584-1900.  

Edited by: Erin Kello

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