A team of five New Jersey-based advisors who managed over $2.3 billion in client assets at Ameriprise Financial has broken away to start RIA Laurel Oak Wealth Management. Laurel Oak was founded by industry veterans Robert Andreacchio, Matthew Fitzgerald, Christopher Heiser, Louis LaSelva and Keith Radimer.
At Ameriprise, the team focused on serving multigenerational families, professionals and business owners, providing clients with customized strategies in retirement planning, legacy preservation and financial transitions, according to the new firm.
“Our goal in launching Laurel Oak was to create a firm where advice is personal, communication is clear, and clients always come first.” – Christopher Heiser, Founding Partner, Laurel Oak Wealth Management
“Our goal in launching Laurel Oak was to create a firm where advice is personal, communication is clear, and clients always come first,” said Heiser. “As an independent RIA, we now have the flexibility to tailor strategies without the limitations of a corporate agenda.”
To go independent, the advisors had to adopt a modern technology stack to help streamline onboarding, reporting and communication, which would translate to “less paperwork, faster response times, and greater transparency at every step,” according to the new firm. “Our growth has always been rooted in one principle: showing up for people when it matters most,” said LaSelva. “Laurel Oak represents that mindset at scale.”
Laurel Oak Wealth Management’s main office is located in Marlton, New Jersey. The firm has additional offices in Princeton, New Jersey, and Newark, Delaware.
Jeff Berman, Contributing Editor and Reporter at Wealth Solutions Report, can be reached at jeff.berman@wealthsolutionsreport.com.
