Ashton Thomas Private Wealth (an Arax Investment Partners firm) announced that Mark Cavalier, Jonathan Smith, and Gregory Weiss have joined the firm as Managing Directors and Partners. And they will join former Wells Fargo Senior Vice President and Group Finance Officer Michael Hansen and four administrative staff to establish a new Ashton Thomas office in San Francisco’s Financial District, which will serve as a hub for the firm’s growth in the Western region.
Before joining Ashton Thomas, Cavalier, Smith, and Weiss served as Principals of the No. 16 Wall Street Private Wealth Management Group at Wells Fargo Advisors, where they oversaw $2.5 billion in client assets. And they bring decades of experience helping individuals and institutions to coordinate tailored wealth management strategies and a dedicated commitment to top-tier client service.
With these new roles, they will form the Pacific Private Wealth Group, focusing on servicing the needs of foundations, business entities, and affluent individuals and families in the Bay Area and beyond.
KEY QUOTES:
“This move is the capstone of our careers and culmination of our decades of experience in wealth management. After extensive research and rigorous due diligence on qualifying firms, we chose to advance our advisory practice at Ashton Thomas Private Wealth due to its financial experience and insights, cutting-edge technology and shared commitment to excellence. We’re excited about the possibilities this partnership brings for our clients, and we’re committed to supporting Ashton Thomas’ future growth in the Western region.”
– Mark Cavalier
“We are thrilled to welcome Mark, Jonathan and Greg to Ashton Thomas. We view this milestone as a meaningful statement about our growth trajectory and future vision. Through patience and perseverance, we have planted a flag in the financial epicenter of the West Coast, with a team of accomplished financial professionals who share our commitment to building an intentional culture and delivering focused solutions for wealth advisors and their clients.”
– Aaron Brodt, Founder and Chief Executive Officer of Ashton Thomas
“Ashton Thomas and Arax continue to command the attention of top advisor teams around the country. The powerful combination and depth of resources for private wealth clients and ownership options for advisors means we are not only competitive, we are setting the standard for what leading wealth advisory teams will demand from partner firms going forward.”
– Haig Ariyan, Chief Executive Officer at Arax Investment Partners and Chairman of Ashton Thomas