Rick Weyers, CFP®

Executive Vice President and Chief Operating Officer

Prior Experience: Director of Portfolio Implementation and Performance, Legg Mason Private Portfolio Group; Chief Operating Officer, Geller Family Office Services; Chief Operating Officer, NEMCO Brokerage; Chief Administrative Officer, Victory Capital Management; Chief Operating Officer, Chief Compliance Officer and Portfolio Manager, NewBridge Partners; Portfolio Manager, Campbell, Cowperthwait (a division of U.S. Trust Company)

Education: Bachelor’s degrees in political science and art history, Rutgers University; MBA with a concentration in finance, Leonard N. Stern School of Business of New York University

Why did you choose to work at Traust Sollus?

I was a portfolio manager earlier in my career. While we delivered superior investment returns for a number of years, I discovered that many high net worth individuals were dramatically underserved by their advisors. In Traust Sollus, I found a firm that comprehensively and holistically helps people achieve what they wish for in life.

What do you think makes Traust Sollus different from other wealth managers?

The biggest difference is that we find additional cash flow for our clients, which helps them achieve their goals sooner, have more wealth when they decide to retire and/or reduce the risk in their investment portfolios. Many firms prepare financial plans as a means to gather and manage investments. While we also prepare financial plans, we enthusiastically dive into the hard work of helping our clients implement their plans. This means digging deep to find ways to generate more cash, such as by reducing taxes, rethinking debt and restructuring insurance.

How do you spend your free time?

I like sports — both as a participant and a spectator — as well as socializing with friends, reading and enjoying classic cars. (I am the proud owner of a 1954 Chevrolet Bel Air convertible.) My wife and I have four young sons who keep us very busy and provide lots of laughter and joy — and some yelling, too. I’m fairly handy, which is helpful because a lot of things get broken around the house.