About Zenith Wealth Partners
Zenith Wealth Partners specializes in financial planning and investment management within the financial services sector. The company offers comprehensive financial planning, tailored investment portfolio management, and business advisory services. Zenith Wealth Partners primarily serves individuals and institutions seeking to align their wealth with their values and achieve financial independence. It was founded in 2019 and is based in Philadelphia, Pennsylvania.
Latest Zenith Wealth Partners News
Oct 2, 2023
November 7, 2022 3:14 PM With Scattergood and the Kind Family, Zenith Wealth has identified early-stage investments and potential real estate opportunities as part of being "able to be flexible and adjust and learn alongside them," Ray added. Zenith Wealth will also locate potential asset managers for the foundation's portfolios. Only 1.4% of the industry's managed assets are allocated to firms with female, Black, Hispanic, Asian American or other minority owners, according to a 2021 study by the John S. and James L. Knight Foundation . The share of foundation endowments with diverse asset managers topped 18% by the end of last year, though, according to Knight's research . "By choosing to place the Patricia Kind Family Foundation's endowment assets with Zenith Wealth Partners, a Black-owned and managed firm, we are supporting increased opportunity for managers who have been excluded or overlooked in the past," Managing Trustee Valerie Kind-Rubin said in a statement. "Through strategic investments aligned with our mission, values and grantmaking, we aim to break down barriers and uplift the lives of those in need. By fostering diversity, equity and inclusion in our investment approach, we reinforce our dedication to building a more compassionate and inclusive society." Scattergood aims "to serve as a model for similar organizations" through the collaboration with the RIA, President Joe Pyle said in a statement. "We've been researching how to capitalize on the full potential of our foundation, as showcased in our program-related investments directly tailored to our philanthropic goals," Pyle said. "Partnering with Zenith, we can broaden our mission of helping others succeed by extending it to all aspects of our business." June 19, 2023 12:00 PM Ray, Ransom-Cooper and Partheev Shah, a managing partner with Zenith Wealth, have spoken frequently with Toussaint Bailey, the founder of private equity firm Uplifting Capital , about the importance of working on two fronts to expand access to wealth-building tools while steering capital toward "a more impactful investment experience" at the same time, Bailey said. "I'm a believer in what they're doing," Bailey said in an interview. "I think they're going to continue to grow and find more opportunities like the one they just found, and I'm excited to be in the same ecosystem with them." Zenith Wealth works with about a dozen other endowments, and its strategic partnership with the Scattergood and Kind foundations will begin as "a carve-out" from the nonprofits' portfolios with the potential to grow over time, according to Ray. The firm currently has five advisors, four other employees and more than $40 million in client assets, plus additional customers among businesses using Zenith Wealth's planning and consulting services. Part of the collaboration with the foundations will include tracking their impact portfolios' performance against benchmarks and collecting data about the effects on the racial wealth gap, Ray said. "The foundations' bold leadership and willingness to be an early adopter of a more diverse and regionally invested investment policy directly align with our mission to amplify the work of local, pivotal, social service institutions," Ray said. "Working together, we hope to break the myth that locally sourced, mission-aligned, long-term investments are concessionary."
Zenith Wealth Partners Frequently Asked Questions (FAQ)
When was Zenith Wealth Partners founded?
Zenith Wealth Partners was founded in 2019.
Where is Zenith Wealth Partners's headquarters?
Zenith Wealth Partners's headquarters is located at 2400 Market Street, Philadelphia.
What is Zenith Wealth Partners's latest funding round?
Zenith Wealth Partners's latest funding round is Unattributed.
How much did Zenith Wealth Partners raise?
Zenith Wealth Partners raised a total of $1.25M.
Who are Zenith Wealth Partners's competitors?
Competitors of Zenith Wealth Partners include Berkshire Investment Group and 4 more.
Compare Zenith Wealth Partners to Competitors
Bernicke Wealth Management is an independent financial firm focused on wealth management and serving individual investors and businesses. The company offers a suite of services including investment management, retirement planning, tax minimization strategies, and estate planning. Bernicke Wealth Management primarily caters to pre-retirees, retirees, and business owners. It was founded in 1985 and is based in Altoona, Wisconsin.
kANU Asset Management is an investment advisory firm. Its services include tax minimization, retirement planning, wealth management, income planning, estate planning, investment management, impact planning, and many more. It provides its services to physicians, business advisory groups, institutions, investment managers, and more. It was founded in 2004 and is based in Cincinnati, Ohio.
Waverly Advisors offers financial advisory services. The company provides a range of services including comprehensive financial planning, investment management, tax and estate planning, and institutional consulting. It primarily serves high-net-worth individuals, families, corporate retirement plans, trusts, endowments, and institutions. It was formerly known as Warren Averett Asset Management. The company was founded in 1999 and is based in Birmingham, Alabama.
Floyd Financial Group is an independent financial advisory firm. It provides financial planning, retirement planning, investment management, asset management, estate planning, elder care planning, and more. It serves different types of clients, including new retirees, pre-retirees, new parents, small business owners, families with college-aged students, and veterans. It was founded in 2002 and is based in Springfield, Missouri.
James Investment Research is a professional investment consulting firm. It offers investment strategies, retirement planning, tax planning, estate and legacy planning, mutual funds, and more. It was founded in 1975 and is based in Alpha, Ohio.
Investment Sense is a financial planning company operating in the financial services industry. The company provides independent financial advice and information, covering all aspects of financial planning, with a focus on retirement planning. Their services are primarily targeted towards individuals planning for retirement, those at retirement, and those already retired. It was founded in 2010 and is based in Nottingham, England.