Reservoir Road Wealth Management at Steward Partners Origin Story

We are excited to Introduce Reservoir Road Wealth Management at Steward Partners!

You may be asking what is Reservoir Road Wealth Management?  We (Ken and Nick) have known each other for many years now thanks to living in the same school district and our youngest children being one year apart and in various sports leagues together. Prior to joining Steward Partners, both of us spent our careers in the financial industry and approximately ten years prior to Steward Partners at UBS Financial Services. During those years we frequently discussed the markets, economics and how to best service clients within the framework of the company we worked for.

By late 2018, Nick began researching alternative platforms that would allow him to offer advice and run his business in the matter he felt was best for his clients. Unbeknownst to Nick, Ken was doing the exact same thing.

In early 2019, after many months of meetings, research and serious thought, Nick decided to move his practice a firm with a client-first mentality and accepted the invitation to become a Partner and Managing Director at Steward Partners Global Advisory. Soon after, an announcement was made that a new Partner had joined the firm and lo and behold – it was Ken! Through his own research and due diligence Ken came to the exact same conclusion as Nick had, Steward Partners would be an ideal fit.

Over the past three years through the pandemic and significant market swings, we were able to bounce investment ideas, thoughts and strategies off each other. Over the course of that time, we both realized that we shared the same values: specifically, that the well-being and long-term goals of our clients come first. Additionally, we are both dedicated to investment strategies that minimize risk and take advantage of important shifts in market trends.

We realized that there was an opportunity to build a group (Reservoir Road) within Steward Partners that could simply do more for our clients. By combining operational staff, we have realized significant economies of scale which gives Brendan Fitzpatrick, Client Administrative Manager and Mike Kohl, Senior Client Administrative Manager (our key staff members) and ourselves additional bandwidth to assist clients with all their financial needs. In the future, you can expect significant technology upgrades and a myriad of other services that should only enhance our ability to provide outstanding service.

The combination of our group, Reservoir Road Wealth Management and the platform provided to us by Steward Partners is the fulfillment of our dream. We look forward to the years ahead, to building our firm within a firm so we may better meet the future opportunities and challenges that we all will face. We are grateful and eager to work together with our clients and their family and friends so that we can earn their confidence and trust in Reservoir Road Wealth Management.

— Ken Roban and Nick Fiegoli

AdTrax 5640417.1