Angeles Investments’ Wealth Management Affiliate Establishes Fourth Office in Houston, Hires 30-Year Veteran to Lead Office Serving Ultra-High Net Worth Clients and Families
Angeles Wealth Management announced the establishment of its fourth office in Houston, following quickly on the launch of its Chicago office in December 2021. An affiliate of the institutional client-focused Angeles Investment Advisors with $42 billion in assets under advisement as of March 31, Angeles Wealth Management provides private wealth services to investors and families of significant wealth.
Angeles hired industry veteran and long-term Houston area advisor Ann E. Deaton to lead the new office as Senior Managing Director. Deaton moved from US Capital Advisors, which she co-founded in 2010.
In her 30-year career, Deaton has helped corporations, families, pension plans, foundations and endowments conduct manager searches and performance analyses, develop investment guidelines and structure asset allocation programs.
Jonathan Foster, President and CEO of Angeles Wealth Management, said, “The Angeles Wealth senior advisory team has decades of collective experience guiding families through numerous economic cycles and Ann, not only complements, but augments our services.”
The Houston office will offer Angeles Wealth Management’s full range of services, including investment management, financial modeling, tax and philanthropy services and trust and estate planning. Angeles is no newcomer to Texas – Angeles Investment Advisors oversees more than $10 billion in the state.
The fourth office will build on strong and steady momentum as Angeles Wealth Management notched 37% annualized compounded revenue growth for the past seven years, including through the pandemic.
Deaton built a relationship with Angeles while serving for almost five years as an investment committee member of the Greater Houston Community Foundation, an Angeles institutional client. She is active in charity organizations as a member of the Women’s Initiative and the Alexis de Tocqueville Society of the United Way and a board member of the Girl Scouts of San Jacinto and the Goodwill Foundation.
Michael Madden, Contributing Editor & Research Analyst at Wealth Solutions Report, can be reached at firstname.lastname@example.org