McDonald brings tax preparation, estate planning, and investment management expertise to the non-traditional RIA
Manhattan West, a wealth management and alternative investments firm, is pleased to announce the hiring of Patrick McDonald, CFP® as managing director and financial advisor. Based in Orange County, CA, McDonald will provide his client base of corporate executives, business owners, and high-net-worth families and individuals with comprehensive financial planning services, leveraging his tax and estate expertise.
McDonald brings more than a decade of relevant experience to Manhattan West, specializing in tax preparation and financial planning. Previously, McDonald was Director at MAI Capital Management, LLC, where he coordinated and managed complex tax and retirement plans for small business owners and high-net-worth clients. Before MAI, McDonald was an Associate in Goldman Sachs’ executive counseling division, providing tax preparation, wealth transfer, alternatives and investment management services to corporate executive and wealthy families.
“I was immediately drawn to Manhattan West’s uniquely integrated private wealth platform that provides a ‘one-stop-shop’ of wealth management services and investments,” said McDonald. “As part of the Manhattan West team, I expect my clients will greatly benefit from our top-tier tax, alternatives, and business management teams, which will help me better serve their unique needs.”
Manhattan West differentiates itself from traditional wealth management firms with its in-house portfolio managers, who build and direct its bespoke alternative investment strategies in private equity, venture capital, real estate, and private debt. This modern approach to portfolio diversification has proven effective given recent declines in equity and fixed income markets and is a key differentiator for the firm.
“We’re continually striving to build a world-class wealth management platform for our clients, as evidenced by the caliber and experience of our advisors,” said Lorenzo Esparza, CEO and founding principal at Manhattan West. “Patrick’s extensive experience in tax and estate planning will be pivotal in building financial plans that last through generations, helping to preserve the wealth of our clients and their families.”
Manhattan West’s client-centric wealth management platform complements its exceptional private wealth team. Launching in 2016 with traditional liquid portfolios, the firm has since evolved to include exclusive private markets investments, insurance, business management and tax services as part of a fully integrated suite of investments and services designed specifically for the unique needs of high-net-worth clients. Financial advisors who are interested in learning more about Manhattan West are invited to inquire at firstname.lastname@example.org.