COMPANY RELEASE – July 15, 2010
Samoset Asset Management Changes Name to Samoset Wealth Management Company
DARIEN, CT – Samoset Capital Group LLC announced today that it had changed the name of Samoset Asset Management Company LLC, its registered investment advisor, to “Samoset Wealth Management Company LLC.”
John A. Straus, Chief Executive Officer of Samoset Wealth Management Company commented, “As a wealth management company providing financial, estate and legacy planning and an independent, open-architecture platform with proprietary and third-party investment solutions to HNW and ultra-HNW individuals and families, endowments and foundations, we felt that the new name more accurately reflects the services offered by firm and the firm’s strategic vision.”
Samoset Wealth Management Company intends to expand it service offering by providing trust and related services to HNW and ultra-HNW individuals and families, and their related businesses and charitable entities within the next 12 months.
About Samoset Wealth Management Company and Samoset Capital Group
Samoset Wealth Management Company LLC is a private wealth management company, registered with the U.S. Securities and Exchange Commission, providing financial, estate and legacy planning and an independent, open-architecture platform with proprietary and third-party investment solutions to high net worth and ultra-high net worth individuals and families, endowments and foundations. It provides clients with a full platform of wealth management services, delivers customized investment strategies and utilizes a global array of traditional and alternative asset classes, and is a wholly-owned subsidiary of Samoset Capital Group.
Samoset Capital Group LLC is a private, independent wealth management firm focused on delivering financial planning, investment and private banking/trust services to high net worth individuals and families, endowments and foundations, and institutional partners and their own institutional, high new worth and mass affluent clients on a private-label or direct basis. Since its founding, Samoset Capital Group has attracted an experienced team of management and investment professionals that share the vision of a firm aligned exclusively with its clients and a strong belief in a multi-generational approach to managing family wealth. Samoset Capital Group and Samoset Wealth Management Company are based in Darien, Connecticut.
For more information on Samoset Capital Group and Samoset Wealth Management Company, please visit www.samosetllc.com.
Contact: Peter Milhaupt, Head of Sales & New Business Development