Neal Simon Declares Candidacy for Senate; LaMena and Executive Team Poised to Lead Firm

Rockville, MD, February 6, 2018 — Bronfman Rothschild, an independent investment advisor based in Rockville, Maryland, announced today that Neal Simon will take a leave of absence from Bronfman Rothschild to run for U.S. Senate in Maryland.  Simon announced an exploratory campaign in December.

President and Chief Operating Officer Michael LaMena will assume leadership of the firm, working with the firm’s executive management team to absorb Neal’s responsibilities. LaMena joined Bronfman Rothschild in 2017 after serving for seven years as President and Chief Operating Officer of the $50 billion Hightower Advisors. Said LaMena, “Bronfman Rothschild has a deep leadership team and is well positioned to continue to passionately serve our clients and grow the business.  Neal has been transparent about his interest in public service and has planned diligently for his transition by building out a talented team. We are happy for Neal as he embarks on a new and exciting chapter of his career.”

Simon will remain a shareholder and a member of the Bronfman Rothschild Board of Directors. In his role as CEO of Bronfman Rothschild, Simon grew the firm’s assets under advisement to more than $6.1 billion*, executed numerous acquisitions and lift outs, and opened new offices in Reston, Virginia, and Philadelphia, Pennsylvania. Said LaMena, “Bronfman Rothschild will continue to deliver on our commitment to high-quality service to our clients as we seek opportunities to expand our services and grow.”

About Bronfman Rothschild

Based in Rockville, Maryland, Bronfman Rothschild grows and preserves wealth through thoughtful and disciplined strategies that focus on what’s most important to each client. With ten offices throughout the Midwest and East Coast, we offer comprehensive wealth management and planning to individuals and families as well as retirement advisory and consulting services to retirement plan sponsors. Our in-house research capabilities and the collective expertise of our team are supported by our collaborative, client-focused culture. Our 90 employees adhere to a high standard of fiduciary care as we seek to form a true and objective partnership with each client we serve.

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Bronfman E.L. Rothschild is a registered investment advisor (dba Bronfman Rothschild). Securities, when offered, are offered through an affiliate, Bronfman E.L. Rothschild Capital, LLC (dba BELR Capital, LLC), member FINRA/SIPC.
*As of 12/31/17