Madison — Bronfman E.L. Rothschild LP has acquired Highline Wealth Management LLC. Together, the two firms will manage more than $3.6 billion and will have offices in nine locations.
Highline was founded by Neal Simon and is based in the Washington, D.C., area with offices outside of Philadelphia and in New York City. Simon will become CEO of the combined firms and join the Bronfman E.L. Rothschild executive management committee.
Both firms are taking advantage of ongoing industry consolidation. Bronfman E.L. Rothschild recently acquired Lake Country Wealth Management, based in Delafield, while Highline has added advisors from both wire house firms as well as other independent Registered Investment Advisory (RIA) firms.
One of the top officials in the combined firms is Matthew Bronfman, who was a panelist at the Milwaukee Jewish Federation’s Economic Forum in October 2014. (See December Chronicle.)
Milwaukee native Jennifer Emold has joined BILTRITE Furniture-Leather-Mattresses, a locally and family owned retail furniture and mattress store in Greenfield.
She is a full time sales associate specializing in mattresses and lift chairs. She has spent the last 20 years working and studying in the health and wellness industry. Previously, she was founder and owner of Willow Bend Pilates and Wellness studio.