Bronfman Rothschild, an independent investment advisor based in Rockville, Maryland, today announced that Michael LaMena will join the firm as President and Chief Operating Officer.

Said Neal Simon, CEO of Bronfman Rothschild, "This is a new role at our firm as we continue to scale our business. Michael adds depth to our management team and has had experience growing a business from $5 billion to $30 billion in assets under management. He is smart, thoughtful and humble and will fit well in our culture."

LaMena joins Bronfman Rothschild from Hightower Advisors where he was President and COO. He has more than 20 years of experience building operating infrastructure. Prior to Hightower, LaMena spent 14 years at Morgan Stanley & Co. where he served in Executive Director roles for Private Wealth Management Operations in both New York and Hong Kong. He received his Bachelor of Arts degree from the University of Notre Dame, and holds FINRA series licenses 7,9,10, and 63.

Said LaMena, "This represents a terrific opportunity for me to join a firm with significant growth goals and an impeccable reputation. I look forward to working with all of the advisors on the Bronfman Rothschild team across our 9 offices as we seek to deliver high levels of service for our clients."

Bronfman Rothschild manages over $5.39 billion* in assets and continues to grow both organically and through lift-outs. In May, the firm announced the lift-out of John Wolff and his team to a new office in Reston, VA. Earlier this year, the firm acquired TriCapital Advisors in Maryland, and in March the firm added Marilyn Napoli to its New York office.

Said Simon, "Michael will play an important role in building our infrastructure, integrating new teams and identifying other opportunities to grow while maintaining our client-first culture. He will help us continue to build an environment where our advisors can be exceptional."

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 nine 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 85 employees adhere to a high standard of fiduciary care as we seek to form a true and objective partnership with each client we serve.