New location reflects firm’s growth, continues mission to build authentic client relationships without barriers
NEW YORK–(BUSINESS WIRE)–Ritholtz Wealth Management (“RWM”), a national RIA overseeing more than $5 billion in assets for high-net-worth clients and institutions, is proud to announce the opening of its new Chicago office. Located at The Salt Shed, a multi-purpose creative hub alongside the riverfront in the heart of the city’s Salt District, the new location captures the intersection of finance, culture and community — hallmarks of both Chicago and the firm itself. The new office marks an important chapter in RWM’s continued growth, as well as its ongoing mission to bring thoughtful, high-impact financial advice to clients across the country.
The Salt Shed, a former warehouse reimagined by 16 on Center as one of Chicago’s premier cultural venues, provides a unique setting for RWM. Surrounded by neighbors like Goose Island Brewery and steeped in the city’s music scene, it reinforces the spirit of innovation and community that defines the firm.
“This office is a statement about who we are and how we serve our clients,” said Josh Brown, CEO at Ritholtz Wealth Management. “This isn’t a bank branch. It’s a space that feels like Chicago — creative, raw, real. We’re building a wealth management firm that defies the conventions of this industry. We’re a brand that’s of the people and for the people, no matter where we go. Our space in this world-class city had to reflect that and I think we nailed it.”
The office was designed by artist and designer Laura Novy, wife of one of RWM’s most senior Chicago-based employees. The office opening represents a huge milestone for RWM and its senior people in Chicago: Anna Chaiken, Colleen Parker, Jonathan Novy and Brian Rosen, who first opened an office in the city in 2018. The space itself is traditional industrial with brick walls, wood floors and exposed ductwork. RWM was committed to maintaining the space’s vintage, industrial feel and even some of the original features. A great deal of the furniture and artwork, including a vintage Herman Miller sofa and a Mies van der Rohe coffee table, were sourced by Salvage Haus, one of Chicago’s premier vintage industrial design shops. All of the artwork comes from local artists and galleries.
The new Chicago location already hosts 13 full-time employees, with plans to expand in the near future. As RWM’s second headquarters, the office will play a key role in client service, team growth and ongoing community engagement across the Midwest.
“We wanted our office to represent what is unique and special about RWM, and be authentically Chicago at the same time,” said Novy. “It has to be a place where employees are excited to work, prospects and clients want to come visit, and that allows us to continue providing the best possible service and outcomes for our clients.”
The firm will further cement its connection to Chicago on Tuesday, June 3rd with a live taping of The Compound and Friends, the popular business and investing podcast hosted by Brown and managing partner Michael Batnick. The special live episode, taking place at the Chop Shop in the city’s Wicker Park neighborhood, will feature a conversation with Kunal Kapoor, CEO of Chicago-headquartered financial services giant Morningstar. Interested parties can secure tickets on our event landing page.
About Ritholtz Wealth Management
Ritholtz Wealth Management is a Registered Investment Adviser based in New York City, with offices across the country, that offers a full suite of financial planning and asset management services to high-net-worth households, corporate retirement plans, endowments and charitable foundations. The firm’s core principle is bringing value-added investment and financial planning help to its clients as a fee-only fiduciary advisor. For more information, please visit ritholtzwealth.com, follow us on X @ritholtzwealth and on YouTube at The Compound.
Advisory services are only offered to clients or prospective clients where Ritholtz Wealth Management and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Ritholtz Wealth Management unless a client service agreement is in place.
Contacts
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