Angeles Wealth Management has appointed Jonah Cave as its new chief growth officer, a role aimed at spearheading the firm’s strategic expansion. This announcement comes as the firm continues to experience robust growth, currently managing approximately $2.6 billion in assets, reflecting a tenfold increase since early 2018.
In his new position, Cave will oversee business development and growth initiatives tailored to high-net-worth (HNW) families. Based in Dallas, Texas, he brings over 30 years of experience from diverse sectors including capital markets and private investments. His extensive background will be instrumental in establishing a strategic business development program designed to enhance advisor growth and client engagement.
Cave will also explore opportunities for inorganic growth within the HNW and ultra-high-net-worth segments. He expressed enthusiasm about the role, stating, “I’m energized by the opportunity to help our advisors share our story and unlock new opportunities across the firm.” He further highlighted significant potential in key markets such as California, New York, and Texas to cater to families with sophisticated financial needs.
“Angeles Wealth is uniquely positioned and truly independent,” Cave noted, emphasizing the firm’s readiness to meet the evolving advisory needs between private wealth and institutional clients. He remarked on the firm’s existing platform, which he believes surpasses what many competitors are striving to assemble.
Before joining Angeles Wealth, Cave played a pivotal role at CH Investment Partners, a multi-family office now integrated into Cresset Capital, where he served as senior managing director and led the Partner Relations Team. His prior experience includes senior leadership roles in global equity divisions at Merrill Lynch, Bank of America Merrill Lynch, and UBS, where he was responsible for managing institutional client relationships.
Jonathan Foster, president and CEO of Angeles Wealth, commented on Cave’s appointment, stating, “From day one, Angeles Wealth was built to give families access to the same institutional-quality investments available to billion-dollar organizations.” Foster highlighted Cave’s understanding of the firm’s integrated model and his leadership capabilities to advance growth and deepen collaboration within the institutional team.
This strategic move signals Angeles Wealth’s commitment to expanding its services and enhancing its offerings to meet the growing demands of affluent families. As the wealth management landscape evolves, the firm aims to solidify its position as a leader in providing sophisticated investment solutions.
