Wescott Financial Advisory Group is an independent, SEC-registered, fee-only investment advisory and wealth management firm, but at the heart of our firm is our proud mission of Achieving Client Goals. It’s a mission that has driven Founder and CEO, Grant Rawdin, and the Wescott Team for over 35 years. With this inspiration, coupled with the team’s passion, we have helped countless, ultra-high-net-worth and high-net-worth individuals, families and institutions around the country meet their unique financial goals at all stages of their lives, during years of asset accumulation to times of transition to years of retirement.
Wescott is a certified B Corp.
Certification received May 2020. B Corp Certification is a designation that a business is meeting high standards of verified performance, accountability, and transparency on factors from employee benefits and charitable giving to supply chain practices and input materials. Wescott pays a fee and submits an Impact Assessment to qualify for and maintain this certification.
We believe in using business as a force for good- investing in people, communities and the planet. We believe that we all have a duty to make the world a better place.
Our Roots
The firm’s roots trace back to Duane Morris LLP, the venerable, international law firm established in 1904, where Grant spent his early career. Serving as a tax and business attorney, Grant began providing personal financial services to his legal clients and through this work is how the foundation for Wescott was created. Combining his expertise in tax-efficient and personalized wealth management with Duane Morris’ tradition of ardent client representation, Grant founded Wescott in 1987 in Philadelphia, Pennsylvania. To this day, Wescott and Duane Morris sustain a supportive, mutual partnership.
Based in Philadelphia, Pennsylvania, Wescott has grown organically over the decades and more recently through strategic partnerships and acquisitions. In December 2021, Wescott acquired the Harleysville, PA based Registered Investment Advisor (RIA), Asset Planning Services. This $800 million firm, with nearly 20 team members, provided current and retired Merck® executives and other pharmaceutical executives and their families with practical and broad-based holistic financial guidance. Now the Wescott Harleysville team, these talented individuals continue to serve these clients from the same location, with additional support from the Philadelphia headquarters.
Another notable acquisition occurred in the Spring of 2015 when Wescott acquired the boutique financial planning and advisory firm, Goodstein & Associates. Along with new clients, this acquisition added a Fort Washington office and a dedicated team of experts in the area to our firm. Currently, Wescott has offices in Philadelphia, Fort Washington, Harleysville, Miami, along with satellite offices around the country to help best serve our clients.
Our Team
Throughout our evolution, Wescott has remained focused on our driving force: to leave a lasting positive impact on the lives of our clients as we help them achieve their goals. This focus has been carried forth by our distinguished team of experts. Wescott’s team of experts is comprised of over 50 professionals with over 70 designations and certifications amongst the group, including J.D.s, CFP®s, CFAs, CIMA®s and a Ph.D., substantive backgrounds in investments, financial planning, law, family counseling, staff psychology and taxation. Our C-Suite boasts global financial, investment and operational experience. It is this deep-rooted knowledge that has given us the strategic edge to provide tailor-made solutions to help our clients achieve financial success and personal fulfillment.
Our Philosophy and Services
Wescott’s team of experts have also helped create in-house, proprietary digital and financial solutions for our clients, along with our trademarked philosophy, Life-Minded Wealth®. The Life-Minded Wealth® philosophy merges our clients’ psychological and emotional mindset, with their financial priorities, to help them achieve their life objectives.
A sampling of Our Services include Entrada® and myWescottVault®. Introduced in 2012, myWescottVault® is our digital data sharing solution, which employs the most advanced security features and offers clients the ability to maintain all critical financial, legal and personal documents in one secure place, with 24/7 access. Entrada® is Wescott’s digitally-centered wealth management program for the client on their way to achieving the high-net-worth status.
Our Dedication
Along with these solutions, Wescott’s team showcases their dedication to our firm and Our Community through their support of local and national philanthropic organizations, from board membership to grassroots volunteerism.
From 1987 to today, our team, our culture, our philanthropy, our expertise and our solutions provide Wescott with the keys to achieve the firm’s ultimate goal: clients’ success.
We understand the challenges wealth can bring.
