Fidelis Capital, an advisor-owned wealth management firm serving ultra-high net worth clients, announced that former veteran investments executive Paul Trippe joined the firm as Partner. He also joins Fidelis Capital’s Investment Committee.
Trippe brings more than four decades of experience managing investment needs for ultra-high net worth clients and institutions. Most recently, he served as Managing Director and Market Investment Executive at U.S. Trust and Bank of America Private Bank, where he managed over $2 billion in client assets, a position he left in December 2023.
“Paul’s desire to ‘unretire’ to ensure the families he cares about have the right advisory team for generations to come is proof enough of his commitment to clients’ best interests,” said Rick Simonetti, Founding Partner, CEO and Head of Wealth Planning at Fidelis Capital. “It’s incredibly humbling that Paul chose Fidelis Capital as the firm to join and as the home for those families.”
“I am coming out of retirement because Fidelis Capital’s very nature allows me to serve these clients in the way I’ve wanted to for years, far beyond what I was limited to before,” said Trippe. “There is more flexibility, and it has a very personal feel.”
Founded by former private banking leaders from Wells Fargo and Bank of America, Fidelis Capital has offices in Tampa, Florida; Dallas; Washington; Greenwich, Connecticut; St. Louis, Missouri; Charlotte, North Carolina; and Columbia, South Carolina.
Michael Madden, Contributing Editor and Research Analyst at Wealth Solutions Report, can be reached at michael.madden@wealthsolutionsreport.com.
