Subscribe

‘In my ethos, it’s about … how you impact the world’

Grant Rawdin, founder of Wescott Financial Advisory Group

An attorney by background, Grant Rawdin says a dedication to the client’s best interests is at the heart of what he does.

At Wescott Financial Advisory Group, they know the meaning of growth – something founder Grant Rawdin attributes to the unique set of principles the team follows. Rawdin says that as his firm has expanded, its people have continuously rallied around these essential standards.

“Client service is preeminent,” he says. “I’m an attorney by background – results and a complete dedication to the client’s best interests are the hallmarks of that profession. This carries over well to what we do in wealth management: Bringing on like-minded people who similarly have that conviction helps you grow robustly. It enables clients to trust you – which is the most important element for a client.”

With his background in accounting and the legal field, Rawdin is no stranger to pressure. And while his career trajectory is certainly unique, it’s positioned him perfectly to deal with the client success side of things.

“When I started in wealth management, it was a time when it was the purview of investment-oriented professionals. Those of us who had other licensures and backgrounds came in and helped to expand the focus of client services. For me, coming into the wealth management profession with tax and business expertise allowed me to supplement the investment plans with more technical and substantive planning.”

And as Wescott, an independent RIA with its headquarters in Philadelphia, has grown, Rawdin has not only held onto that unique skill set – he’s used it to propel the company and his clients to new heights. Rawdin has continued to employ people with diverse backgrounds – as well as younger hires from non-traditional backgrounds.

“Our next generation of employees might have come right from college – though college isn’t enough. We want them to continue to get other degrees and licensures, to have them well-rounded. I was an English major in college and I couldn’t imagine a better major. You explore so many disciplines in the context of literature. My accounting and attorney background helps me … to be a more complete financial advisor.

“Being able to have a wide view is another discipline of those professions – to dig deeply and to find solutions. And again, the tenets of those professions are also about serving the client’s best interests.”

Ultimately, for Rawdin, he entered into this profession with a genuine desire to help people.

“Because if you don’t want to help people, then you don’t care about the work that you’re doing,” he says. “That drive to help people transcends. It truly comes from the heart, and it takes you deeply into counseling clients and families. In my ethos, it’s about helping to repair the world, how you impact the world – it’s not just one generation, but two or more. And if I can do that, I will have been successful.”

Happy employees lead to higher stock prices, says Irrational Capital founder

Learn more about reprints and licensing for this article.

Recent Articles by Author

‘Confidence comes after you make that first step’

Dominique Henderson, founder of DJH Capital and published author, discusses the ideal portfolio, avoiding BOI reporting pitfalls and stepping outside the shadow of imposter syndrome.

For songwriters, it’s about pitch-perfect planning

Tennessee-based advisor David Adams unpacks financial complexities and quirks for clients in the music business – and beyond.

From Superbowl stardom to wealth management boardroom

Bennie Fowler, who won Super Bowl 50 with the Denver Broncos, reflects on his new career as Caprock’s director of strategic relationships.

Why advisors must dispel alternative investment myths

Not all alts shoot for the moon, warns investment strategist.

Half of young investors see art investment as a ‘safe haven’

The increased focus on ESG investments is filtering down to the cultural space, says Deloitte's US art and finance lead.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print