Peter Nesvold Joins SignatureFD Board to Lead M&A Strategy
People | Feb 12, 2025 | EIN
SignatureFD has appointed M&A veteran Peter Nesvold to its board to steer its acquisition and recruiting strategies, aiming to achieve $10 billion in assets by the end of the year. The firm's CEO, Heather Robertson Fortner, highlights the importance of enhancing technological capabilities and expanding the advisor base, with a strategic focus on M&A and recruiting. Nesvold, founder of Nesvold Capital Partners, brings extensive experience in M&A, having previously helped Silver Lane Advisors with its acquisition by Raymond James. Fortner aims to grow SignatureFD's assets under management by 20% annually while also reaching 10,000 family clients by 2030. The appointment marks Fortner's second major board addition, following former Orion CEO Eric Clarke's joining for tech innovations. SignatureFD is navigating through organic growth and new client inflows, with a noticeable emphasis on enriching its advisor diversity by recruiting more female advisors.
Sectors
- Financial Services
- Investment Banking
Geography
- United States – SignatureFD is a U.S.-based investment advisory firm, and Peter Nesvold's professional experiences also tie closely to the U.S. financial market.
Industry
- Financial Services – SignatureFD operates within the financial advisory sector, offering investment management services. The article focuses on its growth strategy and expert board appointment to enhance these services.
- Investment Banking – Peter Nesvold’s role and expertise in M&A highlight the investment banking practices within SignatureFD's strategic direction.
Financials
- $10 billion – The target assets under management SignatureFD aims to achieve by the end of the year.
- $9.1 billion – Current assets under management by SignatureFD.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| SignatureFD | Target Company | Company | An RIA firm aiming to expand its assets under management to $10 billion and enhance its growth strategy. |
| Peter Nesvold | New Board Member | Person | An M&A veteran appointed to SignatureFD’s board to lead growth through acquisition and recruitment strategies. |
| Heather Robertson Fortner | CEO | Person | CEO of SignatureFD, leading the firm towards its financial and operational growth targets. |
| Nesvold Capital Partners | M&A Consultant | Company | An RIA merchant bank founded by Peter Nesvold, specializing in investment and deal consulting. |
| Silver Lane Advisors | Former Employer | Company | A former employment city of Peter Nesvold, where he contributed to its acquisition by Raymond James. |
| Raymond James | Acquirer | Company | The company that acquired Silver Lane Advisors with the help of its M&A strategies. |
| Eric Clarke | Board Member | Person | Former Orion CEO and recent board addition to SignatureFD for enhancing technological expertise. |