Rothschild Wealth Partners Welcomes Bret Petersen as a New Managing Director

Rothschild Wealth Partners Welcomes Bret Petersen

On January 7, 2026, Rothschild Wealth Partners announced a significant addition to their team: Bret Petersen, a former Wells Fargo advisor, has joined as Managing Director and Partner. This transition represents a pivotal shift in Petersen's career, as he brings over 20 years of experience and approximately $150 million in assets under management to the independent firm.

A Career Shift

Petersen's career has seen him successfully manage a diverse range of clients, including business owners, high-net-worth individuals, and multi-generational families. His expertise lies in comprehensive financial planning and developing long-term wealth strategies tailored to meet individual client needs. After spending two decades at Wells Fargo, where he built a reputable advisory practice, Petersen's move to Rothschild Wealth Partners reflects a growing trend among seasoned advisors to embrace the independent Registered Investment Advisor (RIA) model. This model allows for greater flexibility, transparency, and alignment with clients' best interests.

In his own words, Petersen stated, "After years in the wirehouse and bank environment, I was ready for a model that truly puts clients first. Rothschild Wealth Partners offers a planning-led platform, a collaborative culture, and a commitment to independence that allows me to deliver more customized advice while growing my practice in a way that best serves my clients."

Rothschild's Vision for the Future

Phil Johnson, the President of Rothschild Wealth Partners, expressed enthusiasm over Petersen’s arrival, emphasizing how his extensive experience aligns with the firm's values. "Bret brings deep experience and a client-first mindset that strongly aligns with our values," Johnson said. This highlights Rothschild’s commitment to attracting talented advisors who not only possess the required expertise but also resonate with the firm’s philosophy of prioritizing client needs.

The firm is renowned for its comprehensive wealth management services, which include investment management, tax and estate planning, generational wealth transfer, and business succession strategies. Rothschild Wealth Partners provides a fully scaled, independent platform that enhances client experiences while maintaining advisor autonomy, allowing firms like Rothschild to better serve their clients.

The Shift toward Independence

According to Mac O'Brien, Chief Growth Officer at Rothschild, the trend of accomplished advisors transitioning to independent firms speaks to the growing desire for control over client relationships and long-term business growth. He stated, "Bret's decision underscores the strength of Rothschild's platform and our commitment to supporting advisors at the highest level." This reflects a broader movement within the financial advisory industry as many veteran advisors seek independence to better meet the diverse needs of their clients.

About Rothschild Wealth Partners

Founded in Chicago in 1908, Rothschild Wealth Partners has established itself as a high-touch, independent financial advisory firm. The firm focuses on providing personalized wealth and life management solutions with an emphasis on disciplined portfolio management. Catering to affluent individuals, couples nearing retirement, multi-generational families, and businesses, Rothschild Wealth Partners leverages its expertise to deliver tailored investment and tax strategies and comprehensive financial planning.

Conclusion

The addition of Bret Petersen to Rothschild Wealth Partners not only enhances the firm’s capacity to serve its clientele but also stands as a testament to the evolving landscape of wealth management in the United States. His expertise combined with Rothschild's established reputation suggests a promising future for the firm and its clients who seek customized financial solutions.