Mesirow Wealth Management Expands Tax Planning Services with Gary Pattengale's Expertise

Mesirow Wealth Management Expands Its Tax Planning Services

Mesirow Wealth Management is taking significant steps to enhance its tax planning services with the recent addition of Gary Pattengale, CFP®, as Senior Vice President and Advanced Planning Specialist. With over three decades of experience in financial services and tax planning, Pattengale will play a pivotal role in aiding Mesirow Wealth Advisors as they craft and implement comprehensive wealth strategies tailored for high-net-worth individuals and families.

A New Chapter for Mesirow Wealth Management

Based in Highland Park, Illinois, Pattengale’s expertise will serve as a centralized resource for Mesirow Wealth Advisors, ensuring that tax implications are seamlessly incorporated into client wealth plans. This strategic hiring aligns with Mesirow's commitment to organically grow its Wealth Management division while expanding its service offerings through strategic acquisitions. In recent years, Mesirow has made notable strides, including the acquisitions of Front Barnett Associates, LLC in 2023, and Price Wealth Management in September 2024. These moves have allowed the firm to deepen its service offerings to both high net worth and ultra-high net worth clients.

“Gary’s decades of experience as a financial consultant adds a key component of advanced tax planning to our best-in-class client service,” stated Brian Price, CEO of Mesirow Wealth Management. “We are excited for the collaboration between Gary and our Wealth Advisors and the valuable contributions he will bring as Mesirow continues to grow.”

Pattengale, known for his comprehensive approach to clients' financial needs, expressed enthusiasm about joining Mesirow Wealth Management. “I am excited to join Mesirow Wealth Management and build on the firm’s outstanding, 88-year reputation for serving the unique, dynamic needs of high net worth individuals and families,” he said.

Commitment to Client-Centric Services

Mesirow Wealth Management has a robust portfolio, managing over $12.4 billion in assets under management and advising an impressive total of $306.2 billion in assets across its firm. The company prides itself on a personalized and custom approach to help clients achieve their financial goals, which are intricately linked to their life objectives. Pattengale's addition is expected to enhance this approach by integrating advanced tax strategies into the wealth management process, thereby enriching the client experience.

Before joining Mesirow, Pattengale held significant roles at reputable firms such as Corient and Northern Trust, where he specialized in advising individuals and entities on investment and financial planning, assisting corporate executives navigate complex stock-based compensation plans. His vast knowledge and experience will undoubtedly bolster Mesirow’s already robust service offerings.

Mesirow's strong performance in the wealth management sector has not gone unnoticed, with the firm being recognized on Barron's 2024 Top 100 RIA Firms list for the fourth consecutive year. This acknowledgment underscores Mesirow’s commitment to excellence and its forward-thinking approach to wealth management.

The Road Ahead

As Mesirow Wealth Management continues to evolve, the firm’s focus remains steadfast on delivering exemplary service and innovative solutions tailored to the needs of its clients. With Gary Pattengale now on board, Mesirow is well-positioned to further expand its service capabilities and continue fulfilling its mission of helping clients navigate their financial journeys. This strategic move not only reflects Mesirow’s dedication to comprehensive wealth planning but also signals a bright future ahead for both the firm and its clients.

Ultimately, the ongoing growth of Mesirow Wealth Management is a testament to its innovative and client-focused approach, promising enhanced outcomes and satisfaction for everyone involved.