Soltis Investment Advisors Appoints Neal Simon and Clive Cholerton to Board
Portfolio - People | Jan 22, 2025 | LLR Partners Inc
Soltis Investment Advisors, an SEC-registered RIA with over $10 billion in assets, appoints Neal Simon and Clive Cholerton to its Board of Directors, bolstering its leadership team as it seeks to expand its operations. Simon brings over two decades of experience in wealth management, notably leading Highline Wealth Management and Bronfman Rothschild. He is expected to enhance Soltis' M&A strategies and capitalize on RIA partnerships. Cholerton brings experience from FinLife Partners and Goldman Sachs, focusing on operational enhancement and tech integration. Soltis aims to strengthen its presence in the U.S. wealth management sector with these strategic appointments.
Sectors
- Wealth Management
- Investment Advisory
Geography
- United States – Soltis Investment Advisors is based in St. George, Utah, and the article discusses its efforts to expand within the U.S. wealth management market.
Industry
- Wealth Management – The article focuses on appointments within Soltis Investment Advisors, a Registered Investment Adviser, highlighting growth strategies in wealth management.
- Investment Advisory – Soltis is an SEC-registered investment advisory firm, and the article discusses its strategic board appointments to support expansion in this industry.
Financials
- $10 billion – Assets under management/advisement by Soltis Investment Advisors.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Soltis Investment Advisors | Target | Company | An SEC-registered investment advisory firm based in Utah with over $10 billion in client assets. |
| Neal Simon | Board Member | Person | A board appointee with extensive experience in wealth management growth and M&A. |
| Clive Cholerton | Board Member | Person | A board appointee with expertise in operational enhancement and technology integration. |
| LLR Partners Inc. | Private Equity Backer | Company | A private equity firm providing strategic backing to Soltis Investment Advisors. |
| Kim Anderson | CEO | Person | CEO of Soltis Investment Advisors, overseeing the firm's growth and strategic initiatives. |