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Andrew Crofton Joins Klingenstein Fields Wealth Advisors as a Managing Director

NEW YORK, N.Y. -- Klingenstein Fields Wealth Advisors (KFWA), a wealth management firm with approximately $4 billion in assets under management, is pleased to announce that Andrew Crofton has joined the firm as a Managing Director.

In this role, Mr. Crofton will be responsible for advising high-net-worth and institutional clients on a range of wealth, planning and investment management issues, as well as overseeing the growth of the firm's client base.

Mr. Crofton joins the firm from BNY Mellon where he was a Senior Wealth Director advising high-net-worth individuals and families, helping them address complex planning and investment management needs. Prior to that, he held a similar role at U.S. Trust.

Mr. Crofton began his career in institutional fixed income and equity sales and trading. He earned a B.A. in Economics from the University of Pennsylvania.

"Andy's significant experience in serving high-net-worth and institutional clients' investment management needs, combined with his institutional securities trading background, gives him a unique perspective that will strongly benefit our clients," said Kenneth D. Pollinger, CEO and Co-Chairman of KFWA. "We look forward to his involvement and the customized guidance that he will provide to our clients."

More information: https://www.klingenstein.com/.

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Klingenstein Fields Wealth Advisors Acquires Assets of The Solaris Group LLC

NEW YORK, N.Y. -- Klingenstein Fields Wealth Advisors (KFWA), a leading independent wealth advisor based in New York, today announced the acquisition, through its affiliate KF Group LP, of the assets of The Solaris Group, LLC (Solaris), a complementary New York-based wealth advisor. Together, the combined firm will have over $4.0 billion in assets under management.

Under the terms of the transaction, both firms will benefit from shared physical, investment, human, and technology resources. Kenneth D. Pollinger, CEO and Co-Chairman of KFWA, and James W. Fields, President of KFWA, will maintain their roles with the combined entity. Kenneth H. Fields, a founding partner of KFWA, will continue as Co-Chairman and Chief Investment Officer.

Solaris co-founders Ralph Sinsheimer, Albert Bellas, and Stephen Brent Wells will continue in senior positions at the combined firm and will continue to manage Solaris client portfolios and relationships.

"With this transaction, KFWA solidifies its position as one of the top independent Registered Investment Advisers in the country, with a commitment to delivering high-quality wealth management and personalized service," said Kenneth D. Pollinger. "We identified Solaris as an institution with a high caliber of experienced wealth management professionals who share the same client-centric approach to relationship management and stewardship of their clients' assets. We are excited and look forward to the future, with clients from both KFWA and Solaris benefiting from the enhanced resources and capabilities offered."

James W. Fields added, "The addition of Solaris allows KFWA to expand its range of investment management solutions, with Solaris' deep expertise in the creation of multi-manager asset allocation portfolios that include traditional 'long-only' asset classes as well as alternative investments."

More information: http://www.klingenstein.com/.

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Jaime Steers Joins Klingenstein Fields Wealth Advisors as Director, Wealth Advisor

NEW YORK, N.Y. -- Klingenstein Fields Wealth Advisors (KFWA), a leading wealth management firm with approximately $3 billion in assets under management, is pleased to announce that Jaime Steers has joined the firm as a Director, Wealth Advisor. In this role, Ms. Steers will be responsible for relationship management and advising our individual clients and their families on a range of wealth management issues.

Ms. Steers was most recently in a similar role at Truvvo Partners. She earned her B.A. from Kenyon College and her M.B.A. from Fordham University Graduate School of Business.

"Adding an experienced and dedicated relationship professional like Jaime to our team reinforces our commitment to providing our clients with a high level of expertise and service," said Ken Pollinger, CEO and Co-Chairman of KFWA.

"We look forward to introducing Jaime to our client base who will benefit from her proactive guidance and utilization of all of the resources and solutions that KFWA offers."

More information: http://www.klingenstein.com/.

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Business, Free News Articles, Funding and Investment

Klingenstein Fields Wealth Advisors: In Memoriam – Frederick A. Klingenstein

NEW YORK, N.Y. -- The Members of Klingenstein Fields Wealth Advisors (KFWA) mourn the passing of Fred Klingenstein, a founding member of the firm and Chairman Emeritus. Together with his brother, John Klingenstein, and colleague, Kenneth H. Fields, Fred established the firm in 1989 to provide investment advice and guidance to high-net-worth individuals and families. Prior to KFWA, Fred was CEO of Wertheim & Company and Co-Chairman of Wertheim-Schroder & Company.

Fred also served as Director of several investment funds and publicly held companies. He was also dedicated to giving back to the community, particularly in the areas of education and medical research. He was a Member and former Chairman of the Board of Trustees of the Mount Sinai Medical Center, a Vice Chairman of the Board of Trustees of the American Museum of Natural History and a former Chairman of its Investment Committee. At Mount Sinai, he established the Klingenstein Institute for Medical Science and a scholarship fund honoring his late father Joseph Klingenstein.

Fred and his wife, Sharon, were recipients of the Mount Sinai Noble Deeds Society Honorary award, recognizing their generous long-term commitment to Mount Sinai. In addition, Fred was a former trustee for St. Lawrence University, past President and Chairman Emeritus of Rye Country Day School and past Chairman of the Finance Committee of UJA-Federation of Jewish Philanthropies.

Beyond his many accomplishments and strong leadership that was widely admired, at KFWA, his "second family," we appreciated his passion for investing, for serving clients with the utmost integrity and the warm relationships he had with all. Fred loved KFWA, loved being at work and always led by example. An unassuming man, he could often be found running out to pick up his own lunch from the sandwich place nearby. He was interested in everyone at KFWA, both personally and professionally.

He will be truly missed by all who knew him.

Mr. Klingenstein graduated with a B.A. in Economics from Yale. He was predeceased by his beloved wife of 59 years, Sharon. We extend our deepest sympathy to his children Kathy, Susan, Amy and Lucy, to his eleven grandchildren, two great-grandchildren and to the entire family.

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In Memoriam: John Klingenstein

NEW YORK, N.Y. -- The members and employees of Klingenstein Fields Wealth Advisors are deeply saddened by the passing of John Klingenstein, one of our founding members and a Principal of the firm.

Together with his brother Frederick A. Klingenstein, and colleague, Kenneth H. Fields, he founded Klingenstein Fields & Company, L.L.C., now known as Klingenstein Fields Wealth Advisors (KFWA), in 1989, to provide investment advice and guidance to high-net-worth individuals and families.

John Klingenstein was also deeply committed to the community and giving back. He served as President of The Esther A. & Joseph Klingenstein Fund for over forty years and was President Emeritus of the Fund at the time of his death.

He was also a trustee of Teachers College, Columbia University, Trustee Emeritus of The Rensselaerville Institute and on the Executive Committee of the Rockefeller University Council.

Mr. Klingenstein graduated from Yale University with a B.E. in Engineering and received an M.S.E. from the University of Michigan. He is survived by his wife Pat Klingenstein, and children, Tom, Nancy, Andy and Sally, ten grandchildren, and one great-grandchild.

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Awards and Honors, Business, Free News Articles, Funding and Investment

Klingenstein Fields Wealth Advisors Ranked in Financial Times 2018 Top 300 Registered Investment Advisers

NEW YORK, N.Y. -- KFWA is pleased to announce it has been named to the 2018 edition of the FT 300 Top Registered Investment Advisers. The list recognizes top independent RIA firms from across the U.S.

This is the fifth annual FT 300 list, produced independently by the FT in collaboration with Ignites Research, a subsidiary of the FT that provides business intelligence on the asset management industry.

In order to be considered for inclusion, RIAs must apply and meet a minimum set of criteria. Applicants are then graded on six factors: assets under management (AUM); AUM growth rate; years in existence; advanced industry credentials of the firm's advisers; online accessibility; and compliance records. Rankings are objective, and the FT receives no remunerations or fees from RIAs.

"KFWA is honored to be included in this impressive group of elite RIA firms, where the "average" practice in this year's list has been in existence for over 22 years and manages $4 billion in assets," said Kenneth D. Pollinger, CEO and Co-Chairman of KFWA. The FT 300 Top RIAs hail from 38 states and Washington, D.C.

Klingenstein Fields Wealth Advisors, a leading wealth management firm with more than $3 billion in assets under management, provides comprehensive wealth planning and investment management for high net worth individuals and families throughout the country.

Disclosures:

The FT 300 is one in a series of rankings of top advisers by the Financial Times, including the FT 401 (DC retirement plan advisers) and the FT 400 (broker-dealer advisers).

The Financial Times 300 Top Registered Investment Advisers is an independent listing produced annually by the Financial Times (June 2018). The FT 300 is based on data gathered from RIA firms, regulatory disclosures, and the FT's research. The listing reflected each practice's performance in six primary areas: assets under management, asset growth, compliance record, years in existence, credentials and online accessibility. This award does not evaluate the quality of services provided to clients and is not indicative of the practice's future performance. Neither the RIA firms nor their employees pay a fee to The Financial Times in exchange for inclusion in the FT 300.

Past performance may not be indicative of future results. Different types of investments involve varying degrees of risk. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the investments and/or investment strategies recommended and/or undertaken by Klingenstein Fields Wealth Advisors ("KFWA")), or any non-investment related services, will be profitable, equal any historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. KFWA is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. If you are a KFWA client, please remember that it remains your responsibility to advise KFWA, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services, or if you would like to impose, add, or to modify any reasonable restrictions to our investment advisory services. A copy of our current written disclosure statement discussing our advisory services and fees is available upon request or by clicking here. Please read the expanded disclosures in the linked report or by visiting our website at www.klingenstein.com.

More information: http://www.klingenstein.com/.

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Business, Free News Articles

Maria Chambers, IACCP, Promoted to Chief Compliance Officer at Klingenstein Fields Wealth Advisors

Klingenstein Fields Wealth Advisors, NEW YORK, Maria Chambers IACCP, compliance oversight -- Klingenstein Fields Wealth Advisors (KFWA), a leading wealth management firm with more than $3 billion in assets under management, is pleased to announce that Maria Chambers, Vice President, has been promoted to Chief Compliance Officer at the firm. Ms. Chambers' responsibilities include administering KFWA's compliance program, overseeing day to day compliance needs, maintaining and developing compliance policies, procedures and processes.

"Maria provides proactive insights regarding the complex issues our clients may face. Her in-depth expertise and dedication to providing compliance oversight helps us deliver the highest level of client service and reporting," said Kenneth D. Pollinger, CEO and Co-Chairman of KFWA.

Ms. Chambers joined KFWA in 2014 as Deputy Chief Compliance Officer with broad-based experience in investment management compliance. Before joining KFWA, she was a Vice President and Senior Compliance Officer at Guggenheim Partners Investment Management, where she and her team were responsible for investment guidelines and trade compliance, compliance risk assessment, overseeing annual review and testing, as well as mutual fund reporting and functioning as a general resource to investment management personnel.

Prior to that, Ms. Chambers was a Compliance Officer at Morgan Stanley Investment Management, overseeing the compliance program for the firm's ultra-high net worth custom separately managed account and wrap account platforms, representing compliance in the strategic acquisitions of advisers and managing a team responsible for the North American compliance risk assessment and testing program and sub-adviser oversight.

Ms. Chambers holds the Investment Adviser Certified Compliance Professional (IACCP) designation. She graduated cum laude from Fordham University with a B.A. in Economics, a minor in Philosophy and a Certificate in Business Administration. She was also inducted into Fordham's Beta Rho Chapter of the National Honor Society.

More information: http://www.klingenstein.com/.

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Free News Articles

Klingenstein Fields Wealth Advisors Panel Discussion on how to Achieve Your Family’s Philanthropic Goals

NEW YORK, N.Y. -- Klingenstein Fields Wealth Advisors (KFWA), a leading wealth management firm with approximately $3 billion in assets under management, recently held an event at the Harvard Club examining the complex topic of family giving. A panel of professionals offered their knowledge and perspectives on how wealthy families can best support their philanthropic objectives.

Panelists included Stephanie Diamond, Managing Director, Schwab Charitable; Shomari Gilyard, Director of Wealth Planning, KFWA; Heide H. Ilgenfritz, Counsel, Cleary Gottlieb Steen & Hamilton LLP and Sally Klingenstein Martell, Executive Director, Klingenstein Third Generation Foundation.

"KFWA is committed to helping our clients address their wealth management needs in a thoughtful, strategic fashion. This panel is one in a series of events that KFWA will be holding to provide our clients with useful insights and guidance on a variety of topics," remarked Kenneth D. Pollinger, Co-Chairman and CEO of KFWA.

The lively panel featured a discussion of how to identify your philanthropic mission, examining how structuring the timing, amount and types of gifts can affect both recipients as well as donors. Panelists delivered perspectives on ways to stay involved as well as the pros and cons of different ways to give.

"Many of our clients feel passionate about giving back. We work with them to develop a well-thought-out plan that allows them to maximize the effectiveness of their giving strategy," explained Shomari Gilyard. "By discussing the topic in an informative and interactive way, with real life examples offered by Sally Klingenstein Martell, we hope to start a dialogue with those clients who are unsure of how to get started."

More information: http://www.klingenstein.com/.

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Free News Articles, NonProfit and Charities

Klingenstein Fields Wealth Advisors Participates in a Day of Service

NEW YORK, N.Y. -- Klingenstein Fields Wealth Advisors (KFWA), a leading wealth management firm with approximately $3 billion in assets under management, recently volunteered a day of service at God's Love We Deliver (GLWD), a New York-based charitable organization.

"GLWD is an amazing organization committed to providing nutritional care to individuals who are unable to do so for themselves, and it is an honor to be involved in such a worthwhile effort," said Kenneth D. Pollinger, Co-Chairman and CEO of KFWA and a participant in KFWA's volunteer activity at GLWD.

GLWD's (www.glwd.org) mission is to improve the health and well-being of men, women and children living with serious illnesses by alleviating hunger and malnutrition. From its facilities in New York and with help from many volunteers, the organization prepares and delivers over 1.5 million nutritious, high-quality meals annually to vulnerable individuals who, due to their illnesses, are unable to obtain or prepare meals for themselves.

"This was an incredibly rewarding experience," stated Lacey Johnson, Director, Wealth Advisor at KFWA. "And we look forward to future opportunities to work with GLWD."

More information: http://www.klingenstein.com/.

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