Who's Moving Where In Wealth Management? - Interchange, Dynasty

Editorial Staff

22 June 2020

Dynasty, Interchange
US wealth advisor Ahmie Baum and his colleagues at his Pittsburgh-based firm, , have partnered with Dynasty Financial Partners to form an independent wealth management firm called Interchange Capital Partners.

Baum and his seven-person team previously managed over $400 million in client assets, Dynasty said in a statement late last week.

Prior to founding Interchange Capital Partners, Baum served as managing director, wealth management at UBS in Pittsburgh.

Interchange has five advisors specializing in business transition, investment management, advanced planning and relationship management.

Baum began his career with EF Hutton in 1979 and moved to UBS in 1983. He graduated from the University of Pittsburgh and received the Executive Certificate in Financial Planning from Duquesne School of Leadership and Professional Advancement. He earned the Wealth Advisor designation from UBS.

The other team members include Brian Baum, managing director at Interchange Capital Partners. (He is Ahmie Baum’s son.) Brian Baum joined his father at UBS in 2012 and began working in the business transition group focusing on entrepreneurs and family businesses. Others are Kendra Kasznel Reilly, senior director – relationship management; Christopher M Duerr, senior director – investments; Evan Fitzpatrick, senior vice president – planning; Kathleen J Saksa, senior associate - client service; and Alyssa Jean Cassandro, senior associate - client service.

Chilton Trust
US wealth management firm has appointed Nick Frelinghuysen as managing director, responsible for investments on clients’ equity portfolios along with Richard L Chilton, chairman and Jennifer Foster, co-chief investment Officer, to whom he will report.

Prior to this, Frelinghuysen - who has 27 years of experience in equity research and managing portfolios - was a partner at the boutique investment firm, Eagle Ridge Investment Management. At that business he served as a portfolio manager and co-head of research for an organization with $950 million in assets focused on high net worth individuals and institutions.

Before that job, Frelinghuysen worked at Oppenheimer Capital (Allianz Global Partners) as co-portfolio manager on a $2 billion mid-cap value mutual fund and served as co-head of mid-cap and all-cap investments for the $25 billion firm. He began his career on the sell side at Donaldson, Lufkin & Jenrette. He attended Princeton University as an undergraduate and holds an MBA from The Wharton School at the University of Pennsylvania.