WhaleRock Point Partners Surpasses $400 Million in Assets Under Management

September 05, 2012 (PRLEAP.COM) Business News
PROVIDENCE, RI WhaleRock Point Partners, LLC, a Providence RI-based wealth management firm, reached a new milestone in the first half of 2012, attaining the $400 million mark in assets under management, an increase of over 20% in the first half of the year. The continued growth of the firm has been through emphasizing its core capabilities in client-centered investment counseling, unbiased investment management and institutional advisory services.

With a deliberate focus on a smaller number of relationships compared with other firms in the New England area, the firm strives to maintain a high level of service while continuing to grow. WhaleRock recently expanded its capability when it added Portfolio Manager Robert Cusack in early 2012. "Bob has been a good fit for WhaleRock and helps us build and expand the expertise, capacity, and service we provide to clients. His background in public finance and tax-exempt bond management adds to our credit analysis effort at a time when headline events in the municipal bond market make it more important than ever to scrutinize municipal bond portfolios carefully to avoid losses and maintain income flows for clients. We attribute our growth over the first half of the year to the team's hard work building on our company's core values of client-centered service and investment performance, with preservation of capital our primary focus."
-Bradley Dorman - Managing Partner

WhaleRock has also launched a new web presence to help inform its clients and potential clients through the use of the internet. The WhaleWire blog is a repository of research and current opinion produced by thought leaders here and abroad. It includes topical articles on the markets and other related subjects to inform high net worth individuals, families, endowments, and institutions on issues that may affect their financial planning for the future. The WhaleRock Channel on YouTube allows for videos to be accessed on various wealth management topics from general to specific in nature.
"We see this as being an informational hub for issues of importance to our clients every day. The response we have received has been very positive and we see it as another service for our clients."
-Peter Boss - Business Development

WhaleRock Point Partners, LLC was founded in late 2006 to serve the complex needs of a few select families by senior investment industry executives Bradley P. Dorman (JD) and Richard E. Cavanagh (CLU, ChFC, CFP, CFA). The firm has clients throughout the US and specializes in long term wealth management and preservation. More information can be found at www.wrpoint.com.