The firm, which oversees more than $1.7 billion in assets under management, said AuM surged by more than 40 per cent last year.
Angeles Wealth Management, a US firm, has appointed Rick Nott as managing director. Nott operates from the firm’s office in Santa Monica, California.
Nott, who concentrates on building bespoke plans and investment portfolios, has more than 15 years’ experience in the areas of asset allocation and financial planning. In his new job, Nott will serve ultra-high net worth individuals and families. Clients include athletes, business owners and entrepreneurs.
Prior to joining the firm, Nott was a senior wealth advisor at LourdMurray; he also spent time as an advisor at AdvicePeriod and Signature Estate and Investment Advisors. Nott started his career in wealth management at United Capital Financial Advisors.
In recent changes, the firm appointed Edward Lowndes as chief operating officer and chief compliance officer; it also promoted Chloe Wohlforth to partner, a role in which she will continue to advise family clients on financial planning and investment management.
Angeles Wealth has client assets of more than $1.7 billion; AuM surged by more than 40 per cent in 2023 from the year before. Besides its Californian HQ, the firm has offices in New York City and Houston.