DENVER–(BUSINESS WIRE)–Elk River Wealth Management, LLC is proud to announce that it has officially launched as an independent Registered Investment Advisor (RIA).
Based in Denver, CO, with offices in Phoenix, AZ, Elk River delivers investment management, complete planning and wealth solutions to help individuals, families and business owners enhance every aspect of their financial life.
Elk River Wealth will be led by CEO and Chief Investment Officer, Chris Freimuth, a Chartered Financial Analyst (CFA®) charterholder with decades of experience. Prior to founding Elk River Wealth, Chris was President and CIO at CoBiz Wealth. Before that, Chris spent 15 years at Alexander Capital Management Group, a firm founded by industry veteran Howard T. Alexander and eventually acquired by CoBiz.
The launch comes at a time when Americans need a trusted partner to understand their immediate and long-term needs and goals and make objective and prudent decisions amidst a global pandemic, a volatile marketplace, and an uncertain economy. “It may seem like an odd time to start a firm, but we think just the opposite,” said Chris Freimuth. “Now more than ever, people are uncertain about their personal and financial well-being and we stand ready to help. That’s why we created Elk River Wealth and decided to launch today: to help the great people of our region across every aspect of their financial life.”
To do so, Elk River has aligned an exceptional team to deliver tailored investment advice, complete planning and personal service to help protect and advance the best interests and well-being of clients. The team will be driven by a highly experienced group of professionals, including Rita Koch Day, Juliet Hull and Brooks Merrifield. Rita brings decades of experience to her new role as Chief Compliance Officer and Managing Director of Operations at Elk River. Julie is a CERTIFIED FINANCIAL PLANNER™ professional who will serve as Director of Relationship Management. Brooks will join the firm as Senior Wealth Advisor and merge his current RIA, Merrifield & Company, under the Elk River brand.
Chris and the Elk River team have worked together for many years, collectively managing over $1 billion in assets under management at their prior firms.
To make it all possible, the firm has partnered with Wealth Advisor Growth Network (WAGN) to help ensure the continued delivery of a complete and unique experience for clients. WAGN will provide access to deep industry expertise and a world-class network of specialists to help solve complex client needs. “With WAGN’s help, we’ve invested time and resources to align the digital tools to make life easier, safer and more productive for clients,” reinforced Chris Freimuth. “These actions will enable us to conduct virtual, interactive meetings to help clients navigate today’s environment.” In addition, WAGN’s recently formed strategic partnership with Merchant Investment Management will provide essential support to Elk River.
WAGN is led by industry experts John Phoenix and Jay Hummel. In addition to being former RIA owners, John and Jay have played senior roles at Envestnet and American Century Investments, respectively. Jay is also the author of both The Essential Advisor and Success and Succession, two books focused on helping advisors and customers build value in their relationship. John and Jay will both serve as Partners at Elk River Wealth.
“We’re proud to partner with Elk River Wealth and welcome the firm as a strategic partner of WAGN,” said John Phoenix. “We are excited to help Chris and the team create something special for clients across Colorado, the Rocky Mountains and the entire Western United States.”
“Too many big institutions are pushing products while too many small RIAs feature limited offerings,” added Jay Hummel. “Elk River Wealth offers the unique blend of personal touch and local focus backed by the depth and breadth of world-class specialists and resources.”
The firm has and will remain focused on keeping employees and clients safe by following best practices as it relates to social distancing, group gatherings and will be meeting with prospects and clients digitally.