January 7, 2025 — Armbruster Capital, a wealth management firm in Pittsford, NY, heads into the new year on the heels of significant growth in 2024.
Over the past year the firm experienced a 30% increase in team members and a substantial rise in managed assets, from $742 million to $900 million. A significant contributor to this growth is the success of the group’s sub-advisory services, which involves managing assets on an outsourced basis for other financial services firms.
According to the firm’s president, Chris Cebula, “The decision to expand our team allows us to better serve our clients with a wider range of services and expertise.” This move included bringing on additional portfolio analysts and traders as well as a chief marketing officer “Our growth provides opportunities for our current team members to further develop and creates additional jobs in the Rochester community.”
Armbruster Capital Management is an independent, employee-owned wealth management firm that offers investment management services to high net-worth individuals, not-for-profit institutions, and corporate clients based on tested academic and quantitative research. The company currently manages assets for hundreds of clients in 27 states.
The company’s CEO credits the firm’s unique investment philosophy and client-centric service approach as key components to its ongoing success and growth. “Our clients are at the center of everything we do,” said Mark Armbruster, who started the company in 2009. “We’re always looking out for their best interests and how we can continue to not just meet but exceed their expectations.”
For more information contact Valerie Alhart at valhart@armbrustercapital.com