SOURCE: Sontag Advisory LLC

FiComm Partners

March 09, 2016 09:00 ET

Sontag Advisory LLC Announces the Appointment of David Kelman to the Advisor Team

NEW YORK, NY--(Marketwired - March 09, 2016) - Sontag Advisory, LLC, a New York City-based independent registered investment advisory (RIA) firm, today announced that David Kelman has joined its team as a senior advisor.

"Sontag Advisory clients seek objective and sophisticated advice from professionals who understand the complexities of their entire financial lives," said Michael Delgass, Chief Executive Officer of Sontag Advisory. "Mr. Kelman's experience and proven track record in mergers & acquisitions (M&A), coupled with his knowledge of family and business entities, will support our firm's long-term growth strategy. His appointment underscores our commitment to employ the very best in the financial industry."

Mr. Kelman specializes in working with families and entities in transition, including business sales, wealth transfers and separation of family assets. Most recently, Mr. Kelman was Managing Director for Convergent Wealth Advisors where he provided personalized holistic financial advice for affluent individuals, families and businesses within the greater New York City area. Prior to that, Mr. Kelman held senior-level positions at Next Capital Management LLC, Bank of America Merrill Lynch, Credit Suisse First Boston and Donaldson, Lufkin & Jenrette. He worked in the areas of M&A, health care investment banking and private wealth management.

"Sontag is a firm with outstanding professionals and a 20 year history of excellence in advising its clients," said Mr. Kelman. "I am honored to have joined the ranks of these esteemed colleagues and to have found an ideal long-term home for myself and for my clients."

Sontag Advisory operates as an independent registered investment firm with approximately $4 billion in assets under advisement. From its beginning in 1995, Sontag Advisory has been a truly independent and open architecture RIA firm. Sontag's history is deeply rooted in the offering of objective financial advice that takes into account an individual's entire financial landscape.

With diverse backgrounds and advanced degrees, including five juris doctorates, and multiple advisers and associates with outside certifications, including Chartered Financial Analyst and Certified Financial Planner, the firm's intellectual capital delivers sophisticated resources. This depth of knowledge allows Sontag to help its clients navigate through complex financial situations, such as advanced tax and estate planning, and the firm keeps their clients informed with comprehensive and detailed reporting.

About Sontag Advisory, LLC

Sontag Advisory, LLC, an NFP Corp. subsidiary, is a New York City based, independent registered investment advisory firm that serves clients in over 30 states and has approximately $4 billion in assets under management. Founded in 1995, Sontag Advisory acts as a wealth manager, investment adviser, consultant, and fiduciary. For more information on Sontag Advisory, please visit www.sontagadvisory.com.

About NFP

At NFP Corp., our solutions and expertise are matched only by our personal commitment to each client's goals. We're a leading insurance broker and consultant that provides employee benefits, property & casualty, retirement, and individual insurance and wealth management solutions through our licensed subsidiaries and affiliates. Our registered investment advisers and broker-dealers empower independent financial advisors with integrated technology, subject matter expertise and a suite of customized services.

NFP has more than 3,600 employees and global capabilities. Our expansive reach gives us access to highly rated insurers, vendors and financial institutions in the industry, while our locally based employees tailor each solution to meet our clients' needs. We've become one of the largest insurance brokerage, consulting and wealth management firms by building enduring relationships with our clients and helping them realize their goals.

Recently NFP was ranked by Business Insurance as the 5th largest global benefits broker by revenue, the 4th largest US-based privately owned broker and the 11th largest broker of US business. In addition, PlanSponsor named us the 5th largest executive benefits provider of nonqualified deferred compensation by number of plans, and we were ranked 11th in personal lines P&C revenue by Insurance Journal. Our independent broker-dealer ranked 10th in annual revenue by Investment Advisor, and Rep ranked it the 6th highest in advisor production by assets under management.

For more information, visit www.nfp.com.

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