A Chicago-based father and son duo have launched their very own registered funding advisor with over $750 million in property beneath administration. Mark and Steven Resnik have teamed as much as lead Burling Wealth Companions, which focuses on high-net-worth people and households.
Mark Resnik has over 30 years of business expertise, most not too long ago as a principal at Geneva Advisors, which was acquired by CIBC Non-public Wealth in 2017. Previous to that, he served as a senior portfolio supervisor at Segall Bryant & Hamill. Previous to becoming a member of the business, he was an lawyer and CPA.
Steven Resnik joins from The Edgewater Funds, a non-public fairness agency the place he was a vice chairman.
“For over 30 years, Mark Resnik has had the dignity and privilege to serve purchasers with a concentrate on offering tailor-made methods to fulfill every consumer’s wants,” mentioned Steven Resnik in an announcement. “Having skilled first-hand the impression of business consolidation, we’re bucking the pattern in making a mannequin with higher alignment among the many consumer, advisor, and agency.”
They’re joined by Younger Im, who will function managing director and senior portfolio supervisor. Im beforehand spent 13 years as a senior funding skilled at CI Segall Bryant & Hamill Asset Administration. The staff additionally contains Zachary Patzik, a former wealth advisor at RMB Capital, who will function managing director and senior wealth advisor, and Abby Davis, a former senior consumer service supervisor for CIBC Non-public Wealth, managing director of consumer providers.
The agency will use Constancy and Schwab for custody, based on its Kind ADV.
