Matrix Private Capital Group, formerly Matrix Wealth Partners, has launched its official rebrand and expanded from its headquarters in New York City into Palm Beach, Fla., and Los Angeles.
Led by former Lehman Brothers chairman and CEO Richard Fuld Jr., Matrix Private Capital Group is a diversified asset management firm providing tailored investment solutions to high-net-worth individuals, family offices and institutions.
“We see clear opportunities in a flawed and highly fragmented financial services market,” said Fuld. “While many of our competitors focus exclusively on specific areas such as wealth management, asset management, investment banking and private equity, we have integrated these services into one firm and our singular focus is to create value for our clients across their liquid wealth, privately-held assets and closely-held businesses.”
As part of its growth strategy, Matrix Private Capital Group is adding four senior investment professionals to the firm’s offices in New York, Palm Beach and Los Angeles.
Thomas Deutsch has joined the firm’s New York office as a managing director. Deutsch brings over a decade of investment experience as a securities analyst at Neuberger Berman and will be responsible for managing an alternative equity strategy to complement the firm’s wealth solutions.
Monte Resnick, managing director at Matrix Private Capital Group, has been appointed to run the Palm Beach office. Resnick will be responsible for leading the Southeast expansion of the firm.
Matrix Private Capital Group has also hired Lance Bryan as a managing director to lead its Southern California wealth advisory capabilities. Bryan will work closely with affluent families, executives, entrepreneurs and creative artists and will be tasked with building the firm’s presence in the Los Angeles market.
