A Chicago-based father and son duo have launched their very own registered funding advisor with over $750 million in property underneath 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 trade expertise, most not too long ago as a principal at Geneva Advisors, which was acquired by CIBC Personal Wealth in 2017. Previous to that, he served as a senior portfolio supervisor at Segall Bryant & Hamill. Previous to becoming a member of the trade, he was an legal professional and CPA.
Steven Resnik joins from The Edgewater Funds, a personal fairness agency the place he was a vp.
“For over 30 years, Mark Resnik has had the respect and privilege to serve shoppers with a give attention to offering tailor-made methods to fulfill every consumer’s wants,” mentioned Steven Resnik in an announcement. “Having skilled first-hand the impression of trade consolidation, we’re bucking the development 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 workforce additionally consists of 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 Personal Wealth, managing director of consumer companies.
The agency will use Constancy and Schwab for custody, in keeping with its Type ADV.
