Las Vegas-based hybrid RIA and wealth management platform The Wealth Consulting Group (WCG) hired Jason Ehrlich as Chief Financial Officer and Head of Corporate Development.
Ehrlich has over 15 years of experience in financial services and wealth management. Before joining The Wealth Consulting Group, he was Managing Director and Head of Investments at Emigrant Partners. Earlier in his career, Ehrlich held roles at Lightyear, Onex, Aquiline, TowerBrook and UBS.
According to the firm, Ehrlich is tasked with its financial strategy; corporate development initiatives, including M&A; strategic partnerships; and capital planning. He will also serve on the firm’s leadership committee.
Ehrlich served as a strategic advisor to The Wealth Consulting Group for several years and became a Director on its Advisory Board in July.
“Jason knows our firm inside and out and has already helped us develop and implement some of the strategic initiatives that are driving our success,” said Jimmy Lee, Founder and CEO of The Wealth Consulting Group. “In the newly created dual role of Chief Financial Officer and Head of Corporate Development, he will work with our existing teams to accelerate both the organic and inorganic growth of our firm.”
This announcement closely follows the recent buildout of the firm’s senior leadership team, including the appointment of former LPL Managing Director and Divisional President Andy Kalbaugh as President in June.
“I have immense respect for Jimmy and his leadership team and look forward to working closely with our advisors to support their accelerated growth while bringing my expertise and unique perspective to the firm’s M&A strategy,” said Ehrlich.
“Jason is the right person at the right time to help us achieve our ambitious growth plans,” said Kalbaugh. “His experience will be invaluable as we continue to expand the firm and take advantage of the opportunities of a consolidating industry.”
The firm is affiliated with LPL Financial.
James Miller, Contributing Editor and Research Analyst at Wealth Solutions Report, can be reached at ContributingEd@wealthsolutionsreport.com.
