Lydia Sheckels is Chief Investment Officer – Emeritus, Partner, Senior Investment Strategist and Senior Financial Advisor of Wescott, responsible for manager due diligence and investment market research. With a professional background in financial planning and investment management, she practices in the areas of insurance analysis and planning, tax and cash flow management, and estate planning. She is a Certified Financial Planner™, Chartered Life Underwriter and Chartered Financial Consultant.
Lydia leads the firm’s Investment Research Group, which was named one of the top five research teams in the country in 2013 by Financial Advisor magazine for the Group’s due diligence and in-depth coverage. Chair of Wescott’s Portfolio Strategy Group, Lydia oversees the ongoing due diligence and evaluation of investment managers and strategies. She also co-chairs the firm’s Investment Committee, which is responsible for Wescott’s asset allocation models and investment strategies. Lydia is also a member of the Management and Marketing Committees.
A recipient of the Five Star Wealth Manager of Philadelphia distinction from Philadelphia Magazine, Lydia has been a featured speaker at many professional and civic organizations on a number of topics. Her advice has been regularly featured in The Wall Street Journal, The New York Times, USA Today, Reuters, Financial Planning Magazine, Financial Advisor, Mutual Fund Magazine, Investment News, CNNfn, thewhiz.com, Fidelity.com, Society of Financial Service Professionals’ Focus Magazine, Bloomberg Wealth Manager, The Philadelphia Inquirer and many other national and local publications.
Lydia served as a member of the Financial Planning Association’s (FPA) National Ethics Committee, charged with investigating complaints and enforcing the FPA Code of Ethics. She also served on the Practitioner Advisory Council and the Public Awareness Advisers of the International Association for Financial Planning. A member of the National Association of Personal Financial Advisors (NAPFA), Lydia is the 2015-2016 president of the organization’s Northeast/Mid-Atlantic Region Board, is a member of NAPFA’s Leadership Development Committee, has served on the NAPFA University School of Practice Management, and was a member of the organization’s Speakers Bureau Content Review Committee. She is past president of the Philadelphia Chapter of the International Association for Financial Planning and past president of the Estate and Financial Planning Council of Southern New Jersey. Former president of the South Jersey Chapter of the Society of Financial Service Professionals, she has served as an instructor for the Chartered Financial Consultant (ChFC) designation courses sponsored by the Society.
Lydia earned her bachelor’s degree in English from Providence College. She resides in Moorestown, New Jersey with her husband Tom Sheckels. They have two adult children.