Summit Trail Advisors Expands to Newport Beach, CA Market
August 15 2024 - 10:00AM
Business Wire
Paul D. Hoskin CFP Joins From High-End ‘Key
Client Group’
Summit Trail Advisors, a leading boutique wealth management firm
with $18 billion in assets under management, announced today that
Paul D. Hoskin, CFP, has joined the firm as Partner and Advisor in
Newport Beach, CA.
On June 11, 2024, Summit Trail Advisors announced that ten
professionals from the Key Client Group of BNP Paribas/Bank of the
West had joined its roster of professionals serving ultra-high net
worth (UHNW) individuals, families, and institutions, significantly
expanding the firm’s U.S. footprint. The Key Client Group managed
over $3 billion in client assets at BNP Paribas/Bank of the West
before it was acquired by BMO in 2023.
Mr. Hoskin was a Key Client Group Advisor based in Newport Beach
managing over $500 million in assets while providing advisory
services to business owners and UHNW families. He specializes in
helping business owners with their capital needs, succession
planning, and managing their personal generational wealth.
Previously, he worked at Citibank and US Trust.
“We are thrilled to welcome Paul to Summit Trail,” said Jack
Petersen, Managing Partner of Summit Trail Advisors. “His deep
experience working with business owners in the Southern California
market will be crucial to the further expansion of our
business.”
The addition of an office in Newport Beach, CA, will bring
Summit Trail’s total number of locations to 10. The firm maintains
a presence in key markets across the country: New York, NY; Boston,
MA; Harrisburg, PA; Chicago, IL; Dallas, TX; Denver, CO; Seattle,
WA; Portland, OR and San Francisco, CA.
Mr. Hoskin added: “I look forward to serving my clients by
leveraging the exceptional investment and estate planning
capabilities of Summit Trail Advisors, as well as its family office
resources.”
About Summit Trail Advisors
Founded in 2015, Summit Trail Advisors is a leading boutique
wealth management firm which serves as the outsourced family office
and CIO for ultra-high net worth individuals, family offices, and
non- profit entities, intentionally leveraging the power of its
network for the benefit of its clients. It is a large institutional
client of the street and sources differentiated investment
opportunities, credit solutions, and other professional services
for its clients on a completely open architecture basis, using its
scale to drive pricing power for clients and to attract the
industry’s top talent.
Summit Trail is a member of the Dynasty Network of independent
advisory firms. Fifty-six independent firms and over 400 advisors
comprise the Dynasty Network. With average assets under management
(AUM) per firm of $1.8 billion and average assets per advisor of
approximately $250mm, the Dynasty Network represents some of the
highest AUM-per-firm and assets-per-advisor ratios in the
industry.
For more information, please visit http://summittrail.com.
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Media Contact Sally Cates
sallycates@dynastyfinancialpartners.com