High Rock Press Release - High Rock Capital Announces Scott Tomenson as Managing Partner and the start of Private Client Division
Today, Tuesday April 7, 2015, High Rock announces a significant change to it's ownership structure and to our business model. A new chapter begins.
Read the full Press Release here: http://cnw.ca/hU25a
Scott Tomenson, CIM joins High Rock as a Managing Partner, co-Owner and Portfolio Manager (pending OSC approval). Scott is a long-time friend and business associate of mine and the perfect Partner to move our business forward.
The new Private Client Division was set up in response to some friends and families who asked when we would have a vehicle to manage money for them.
Well, today we have created that vehicle.
Importantly, Scott and I are putting our own family money in the exact same models as our Private Clients so we have our money where our mouths are and have skin in the game.
This will be a fairly unique vehicle in that we will manage client money on a separately managed account (SMA) basis where clients will gain exposure to three models that are highly customizable to pretty much everyone.
We have also gone above and beyond our regulatory requirement and created an Independent Review Committee which will be chaired by Wychrest Compliance Services. Wychrest will report to our Private Clients on a quarterly basis on such important items as conflicts of interest and portfolio composition and suitability. This is solely for the benefit of our Private Clients and groundbreaking as we do not believe any other Portfolio Management company managing SMA's has done so and we are certain no Investment Advisors in the country have or ever will do so.
For more information on our Private Client Division, please contact us at:
Scott Tomenson, CIM
Paul Tepsich, CFA
Bianca Tomenson, CFP