Henry Mercer Takes the Helm as Chief Investment Officer at Withum Wealth Management

Henry Mercer Takes Up the CIO Role at Withum Wealth Management

Withum Wealth Management, a leading investment advisory firm, has made headlines with the appointment of Henry Mercer as its Chief Investment Officer. This strategic move marks a noticeable step in the firm's commitment to delivering personalized and impactful investment solutions. Mercer, who co-founded Pinnacle Associates, Ltd., holds over 45 years of investment management expertise, emphasizing his impressive credentials.

A Look into Henry Mercer’s Career

Commencing his career as an investment manager in 1979, Mercer has accumulated an impressive portfolio of experience. He started at Tucker, Anthony, and R.L. Day in New York and later became the President and Founding Partner of Mercer, Bokert, Buckman Reid, Inc. His leadership at this firm significantly shaped its registered investment advisory division. Mercer is also the founder of Mercer Capital Advisers, Inc., which he led until his brief retirement in 2022. Notably, he has remained active in financial markets as a private investor since then.

Mercer’s educational background adds to his remarkable profile. As a graduate of Monmouth University, he has demonstrated unwavering support to the institution. His contributions were recognized when he was awarded an honorary doctorate in 2017, and he currently serves as a Trustee Emeritus after a notable term as the Chairman of the Board.

Validating Potential: The Vision Ahead

Scott Brown, President of Pinnacle Associates, expressed his confidence in Mercer’s capabilities. He stated, "Henry's extensive background and leadership in the investment advisory field make him an exemplary fit for our team. His strategic acumen and the commitment to delivering value align seamlessly with our goals."

Mercer, in response to his appointment, expressed excitement about joining the Withum Wealth team. He stated, "I am thrilled to be part of Withum Wealth. The team prides itself on its dedication to helping clients achieve financial success, and I am eager to contribute to this mission. Having long admired the growth of the firm and its Principal, Jim Ferrare, this opportunity is truly an honor."

Withum Wealth Management and Pinnacle Associates: A Partnership

Withum Wealth Management was co-founded with Pinnacle Associates, Ltd., which is celebrating its 40th anniversary this year. Pinnacle, a multi-billion-dollar investment advisory firm, caters to a diverse clientele ranging from high-net-worth individuals to institutional investors. Its commitment to innovation and personalized financial guidance resonates through its collaborations and successful client engagement strategies.

Henry Mercer’s arrival is poised to bring invaluable insights and strategies to Withum Wealth. Both Mercer and the firm are committed to building meaningful relationships and strategies tailored to their clients' unique financial goals.

As Pinnacle Associates continues to thrive, the partnership paves the way for enriched investment strategies and robust financial guidance, helping clients navigate an ever-evolving financial landscape.

Conclusion

In summation, Henry Mercer’s appointment as Chief Investment Officer at Withum Wealth Management signifies a promising leap towards enhancing the firm's investment strategies and client relations. His rich history in investment management, coupled with a clear vision of strategic growth, positions Withum Wealth to achieve new milestones in the wealth management sector.